Noticias de la Cámara
Golden Visa in Spain: Everything you need to know | Klev & Vera
20/09/2023
Spain offers a wide range of options when it comes to obtaining a Spanish residence permit, the fastest and most premium of which is the Golden Visa, a program which grants you residency by making an investment in Spain.
What is the Golden Visa program?
The Golden Visa is essentially a residency by investment granted to non-EU citizens that are willing to make an investment in Spain – whether it’s in real estate, public debt or in a Spanish company.
The Golden Visa program was established in September 2013 following the entry of the 14/2013 Act on International Mobility supporting the internationalization of entrepreneurs. The program is also called the investors visa, and is meant to promote international mobility of professionals, executives, entrepreneurs, and to promote foreign investment. The Golden Visa offers a flexibly process to obtain visas and residency for foreign investors and high-qualified workers.
The Golden Visa Program has allowed thousands of foreign talents to live, work and study in Spain. Although the program is not a direct route to citizenship, you may even obtain citizenship after 10 years of living in Spain off of the Golden Visa.
Who qualifies for a Golden Visa?
The Golden Visa or investor visa is available to foreigners who are making a large capital investment. In order to be eligible for the Golden Visa program, Spain allows for the following investments to be made:
- Invest in a minimum of 1 or 2,000,000 € in Spanish financial assets
- Purchases company shares or make a deposit in a Spanish bank of at least 1,000,000 € or start a business project in Spain that is considered to be of general interest (i.e. have a significant socio-economic impact, create jobs, etc.)
- Purchase in real estate of a minimum value of 500,000 €
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