The Golden Visa Program is one of the most straightforward ways to get a Spanish residency. A Golden Visa for Spain, also known as a Spain Investor Visa, is a residence permit. It is granted to non-EU citizens who invest a significant amount of money in the country. Such as buying real estate, investing in a company, or creating employment opportunities.
Non-EU nationals can stay in Spain for a year under this investment permit. It also does not require a lengthy stay in Spain (more than 183 days). Instead, it needs a single visit during the residency period. Also, you can extend your stay by renewing your visa.
A Spain Golden Visa entitles you and your family to travel visa-free within the Schengen Zone. It is for up to 90 days within 180 days. Non-Schengen European countries, on the other hand, have their visa requirements, so visa-free travel is not always possible.
Those who make a substantial investment in Spain are eligible. These investments may include:
Following are the documents needed to obtain a Spanish investor permit.
The Spanish Consulate will handle your visa in your place of origin or residence. The Large Business and Strategic Groups Unit will handle residence permits.
When to Apply
First, you should ensure that you are eligible and all documents are in order. Secondly, have an idea about the time visa will take to process and apply accordingly.
Visa Processing Time
This visa takes 10-15 days to process. But, it is not for sure, as it may even take months to process.
How to Apply
Applying online is always a convenient option. Moreover, you can also visit the embassy to apply. We also advise you to hire a visa consultant to avoid any trouble.
Duration
It is valid for two years if applied in Spain and can be renewed for another five years if the investment is maintained.
Fees
For a single application, we recommend budgeting roughly €8,000. And for a family application, a budget of around €10,500. A government processing charge of 70 Euros for each applicant is also required.
The renewal of the visa can be for five years. It can also lead to permanent residence after five years.
Business
The visa is mostly for self-employed applicants
Dependants
You may include families with you
Residence
Apply for permanent residence after five years of stay.