SPANISH RESIDENTS CAN TRAVEL FREELY WITHIN THE SHENGEN ZONE AND ALL OVER EUROPE
A survey by The Expat Insider has ranked Spain 7th-best in the world for foreigners according to criteria including quality of life, finance, ease of settling in and work-life balance. The Spanish golden visa program offers a real estate investment route to gaining residency in Spain. The program in Spain has been in operation since September, 2013. Government fees are low and the process is fast.
ROUTE TO SPAIN GOLDEN VISA PROGRAM
COUNTRY KEY FACTS
- Capital: Madrid
- Total Area: 505,990 sq Km
- Language: Spanish
- Population: 46,560,000
- Currency: €
- Govt: Unitary parliamentary constitutional monarchy
- Visa free countries:174
- Ranking: 3rd
- Investments can be made through a company as long as the company is not based in a tax haven and an applicant has a full control of the company
- Property can be owned by company, can be sold and sublet
- Property investment can comprise of several properties of residential, touristic, rural, commercial or industrial nature and rural land, developed land, buildings under construction, or decrepit buildings
- SPANISH RESIDENCY INVESTMENT OPTIONS :
- REAL ESTATE - GOLDEN VISA
- CAPITAL TRANSFER
- GOVERNMENT BOND
- LUCRATIVE WORK VISA
The main applicant purchases real estate valued at a minimum of €500,000, and pays €5,000 in Government fees for the first year of Schengen Visa; each renewal is subject to €3,000 in Government fees. In addition to the main applicants settlements noted above further charges apply of any dependents participating in the program. Any additional two applicants on this program will settle €10,000 in Government fees for the first year of the Schengen Visa; each subsequent renewal costs €5,000 in Government fees. Additional fees apply for extra dependents.
CAPITAL TRANSFER The main applicant invests a minimum of €1,000,000 in stock, shares, and companies in Spain with evidence of this investment via an up-to-date certificate issued by the commercial registry confirming the transfer of capital.
GOVERNMENT BOND The main applicant invests a minimum of €2,000,000 in Spanish government bonds with proof of this investment in the form of an up-to-date certificate issued by the relevant financial authority confirming the investment. Please contact us for an accurate quote regarding additional settlements.
LUCRATIVE WORK VISA The applicant can apply for a residence and work permit as a self-employed worker, which enables a foreign citizen to reside in Spain as a self-employed worker. In order to do that, the foreign citizen has to register a company under his name in Spain. The visa process, foreigner registration process, set up of company and any tax report or work generated on the process is all covered in the process.