Golden Visa for Spain - Apply for the Investor Visa

Real Estate

Real estate is one of the most popular ways to obtain an investor visa for Spain. The minimum investment in real estate that must be made is 500,000 Euros plus taxes, although the investment can be higher.

You can choose to buy one or multiple properties to reach the amount necessary to obtain a visa.

When it comes to taxation, there are certain taxes and expenses associated with the purchase of real estate that must be taken into account.

These include the value added tax (VAT), property transfer tax, Notary fees, property registration fees, and certain municipal taxes.

The investor must bear all these expenses and comply with all applicable laws related to the purchase of property in Spain.

Public Debt

To qualify for the Golden visa through this option, you must make an investment of at least 2 million Euros in Spanish public debt securities. This investment can include bonds, treasury bills, and other government-issued securities.

Closed Investment Funds or Venture Capital

Investing in Spanish closed investment funds or venture capital is another attractive option. To be eligible for the investor visa in Spain, you need to invest one million Euros.

Closed-end investment funds are those that have a fixed number of shares and are managed by a fund manager. Venture capital funds are also a viable option for those seeking a Golden Visa for Spain. These funds are typically focused on high-risk investments, such as start-ups and early-stage companies, but offer potentially higher returns for investors.

Both of these types of investments come with risks, however, so it is important to ensure that you do your research and fully understand the potential rewards and risks associated with each investment option before making your decision.

Shares or Social Participation of Spanish Capital Companies

You need to invest a minimum of 1 million Euros in Spanish stocks or shares of companies that have made actual business activity.

Investment can be made in both listed and unlisted shares. However, you have to provide proof of the investment through a certificate or declaration. This should be done through the relevant documentation that can prove their investment and its source.

Note:

Investing in Spanish companies can be a great way to secure residency status in Spain. However, it is important to make sure that you consult an experienced immigration expert before making any investments to ensure that your application is approved. To facilitate the process, you can take the help of immigration experts such as The Immigration Advice Service. If you want to learn more about the Spanish investor visa process, feel free to call at (+44) 333 4149244.

Bank Deposits

Bank deposits are considered one of the safest investments available. They come with a certain level of security and assurance that the money will remain in the country, helping the Spanish economy. This type of investment requires a minimum of 1 million Euros in deposits held with Spanish financial institutions.

Investing in bank deposits is an excellent option for those looking to obtain a visa for Spain. It requires minimal effort to set up and maintain and comes with a certain level of security that other investments cannot provide.

However, careful consideration should be given to the various banking fees and interest rates associated with this type of investment before making any decisions.

Establish a New Business

Setting up a new business in the territory of Spain is also a possibility to gain an investor visa. There is no minimum amount required for this option. However, the business project in Spain should have one of the following features:

• The creation of jobs
• Socio-economic impact
• A valuable contribution to science or technology

When establishing a business to qualify for a Golden visa, the applicant must show that his/her business will bring economic and social benefits to Spain.

This can be done by creating job opportunities for the Spanish population, helping to improve the socioeconomic status of the local area, or making a significant contribution to scientific or technological progress.

For those looking to establish a business in Spain to qualify for a Golden visa, it is essential to carefully research the necessary steps and regulations. This includes gathering information about tax liabilities, registering the company with the relevant authorities, obtaining all the necessary licenses and permits, and opening a Spanish bank account.

Proof of Health Insurance in Spain

Health insurance in Spain can be purchased through private companies, as well as government-run social security programs. You will need to provide proof of your health insurance policy or certificate to meet the requirements of the Golden Visa application.

Criminal Record Check Certificate

This certificate must be issued by the authorities of the applicant’s home country, and it cannot be older than 3 months.

Applicants from the UK will need to submit an ACRO Certificate which can be obtained from the Criminal Records Office.

This document needs to provide evidence that the applicant has no criminal convictions in the UK, so the authorities in Spain can process the application correctly.

The certificate must be translated into Spanish, and all documents submitted must be originals or certified copies.

Evidence of Sufficient Funds

You must prove that you have the financial means to live and support your family in the country.

This includes having enough money to cover your living expenses, such as rent, bills, food, and medical insurance. The exact amount required depends on the size of your family and the location of your residence.

In addition, you should provide evidence that the funds were obtained through legal means. To do this, you must submit copies of documents such as tax returns, wage slips, and bank statements.

Payment of the Visa Fee

One is obliged to pay the visa fee at the same time they submit the application, which must be in the local currency.

Proof of the Representative’s Identity and Capacity

If you are applying for a Golden Visa in Spain through a third party, then you will need to provide evidence of the third party’s identity and capacity. This proof will be used to confirm that the representative is authorized to apply on your behalf.

Submit Your Application at the Consular Office

After gathering all the documents, you may be required to submit your application along with the required documents at a Spanish Embassy or Consulate.

Book an Appointment

When your documents are verified, you will receive an email to continue the process. It is time to book an appointment with the Spanish consulate or embassy.

The processing time frame for the Spain investor visa is quite efficient. After submitting your application, it takes 10 to 20 days for the authorities to make a decision.

Once you have received approval from the authorities, you can then apply for your visa within one month.

It is important to note that the processing times may vary depending on the current situation of the country and the individual circumstances of your case.

The authorities may require more documents or evidence before they can make a final decision. Additionally, it is advisable to submit all relevant documents promptly to avoid any delays in processing.

The applicant can get a permit for up to three years that gives them permission to reside and work all across the nation.

After the initial period has expired, you may request a renewal of the permit for up to five additional years.

To have your visa renewed, you will need to prove that you have maintained your qualifying investment and have visited Spain at least once during the year.

When applying for this visa, the applicant may be able to include family members on the visa application. Those eligible to apply for a visa are:

• The applicant’s spouse or common-law partner
• Dependent children (under 21 years of age)
• The dependent elderly parents

The main applicant and their family members must fulfill the requirements for the Golden Visa.

If you are a visa holder in Spain, you may need to pay taxes depending on how long you have been living in the country.

If you have been living in Spain for more than six months of the calendar year, you are considered a resident and will be subject to taxation on all your worldwide income.

If you are only living in Spain for fewer than six months, then you would likely not be subject to tax in Spain.

Regardless of whether or not you are a resident, all income earned in Spain is always subject to taxation.

This includes income from investments, property rentals, and business activities. Depending on your specific circumstances, additional taxes may apply.