Spain Residency by Investment

Spain's pathway to citizenship overview

An inspired cuisine, a variety of climates, pleasing both summer and winter enthusiasts, and distinct and culturally diverse regions, are some of Spain’s key features. Constantly ranking in the most visited countries in the world, the picture starts to become clear on why Spain is so appealing, and the perfect spot to establish your second Residency abroad.

The minimum investment amount varies between EUR €5000,000, EUR €6000,000 to EUR €800,000. Per the Spain Golden Visa 2024 rules, the two latter amounts apply to the entire country, with the EUR €250,000 option being exclusive to certain situaitons.

Following a long-lasting crisis, the Spanish government verified the need to further stimulate the country’s economy. Thus, in 2013, the Spain Golden Visa was launched, a program allowing third-country nationals to become Residents in exchange for significant capital invested in the country, and unlocking the path to Citizenship after ten years. The Spain Golden Visa was designed with a plethora of options in mind, such as the creation of a business in Spain, capital deposits in Spanish banks, the purchase of Government bonds, or the acquisition of shares in capital venture funds.

However, there is a much more desirable option, and the one Investment Visa vividly recommends. The acquisition of Real Estate proves an overall better investment, not only since it is a tangible asset, but also because it is more affordable than previous options. The minimum investment through Real Estate starts at €500,000, while deposits and the purchase of bonds or shares range from €1 million to €2 million, ensuring Real Estate is the best way to acquire the Spain Golden Visa.

How to get the Spain Golden Visa and become a Resident

The path to Residency in Spain through the Golden Visa will require several types of documents, and they might vary according to the chosen option. Generally, you can expect to provide a valid passport; standard photographs; proof of funds; a clean criminal record; and either public or private medical insurance as long as the entity is cleared to operate in the EU. Other documents may be requested, especially if family members are included in the Golden Visa application. Endeavoring through the purchase of Real Estate will further require specific documents, such as a certificate from the Land Register with updated information regarding the ownership of the property, as well as the deed of the sale itself.