Spanish Golden Visa

CLA Consultants Group assists Clients and their families obtain residence and citizenship in countries around the world. Securing a Spain Golden Visa through investment is an excellent route to EU residence and eventually citizenship for non-EU nationals.

Frequently asked questions

  • It is a five-year residence visa for non-EU citizens who invest in i) real estate, ii) a business or iii) company shares, bank deposits or government bonds.
  • The visa is renewable every five years provided the investment is retained. After five years, the investor can apply for Spanish permanent residence.
  • The investor must stay at least for six months every year for five years.
  • With a Spanish residence permit, investors can obtain a Schengen visa, allowing visa-free travel throughout the EU for up to 90 days in a six-month period.
  • Non-EU permanent residents can apply for Spanish citizenship after living in Spain for 10 years. As an EU citizen, the investor can live, work, travel, receive healthcare and/or pursue education anywhere within the EU. A Spanish passport is considered one of the world’s most powerful, with visa-free travel to 190 countries.
  • Minimum investment threshold of €500,000 (US$585,727) is one of the lowest among ‘golden visa’ programs in Europe.
  • Both individuals and foreign entities can invest in Spanish property. However, for an entity, the golden visa applicant must own 100% of the company shares.
  • Visa holder and his/her family can access public healthcare and education in Spain.
  • No minimum stay requirement in Spain. The country offers a good work-life balance, is affordable and has a great Mediterranean climate.
  • The visa is issued around four weeks after the application is submitted. Children up to 21 years of age can be included in the application.
  • Golden visa schemes have come under criticism and scrutiny within the European Commission amid concerns they offer a route for criminals to launder money and evade tax. Consequently, the EU may, in future, introduce new security protocols or increased thresholds to clamp down on ‘investment for visas’ schemes.
  • If the investment is sold, the visa is automatically cancelled.
  • All non-Spanish documents must be officially translated into Spanish and apostilled.
  • Invest a minimum €500,000 in property in Spain.
  • Invest at least €1 million in either company shares or as a deposit in a Spanish financial institution.
  • Invest a minimum €2 million in a government bond.
  • Invest a minimum €1 million in investment funds.
  • Invest at least €1 million in a business which i) creates jobs in Spain and ii) has an outstanding socio-economic, technological or scientific impact in the area where the investment takes place.
  • Spanish real estate is some of the best value in the EU. Residential property prices plunged 36.3% between Q3 2007 to Q1 2015 during the country’s economic crisis. Consequently, there is currently significant upside potential to Spanish property investment.
  • Spanish real estate prices are surging again as the national economy rebounds with growth rates not seen since 1970s. Spanish real estate prices rose by 1.6% in 2020, after declining in 2019.
  • The formalities of buying Spanish real estate are straightforward.
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For more info on company registration, please contact our expert directly:

Mr. Petar Chakarov
Senior Manager, Sales & Business Development
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