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Spain

Residency by Investment

Country Information

Spanish residents benefit from unrestricted travel across Europe, as well as the country’s high quality of life. Individuals living in Spain also have one of the longest life expectancies in the world.

Population 47.2 million
Languages Spanish
Economy Capitalist, with a balanced mix of manufacturing, services, and agri-food industries.
Currency Euro

Residency by Investment Overview

Spain’s residence by investment program, also known as the Spain golden visa, allows foreign nationals to make a significant investment in the country and apply for an investor visa. Successful applicants and their families are granted visa-free access across Europe’s Schengen Area.

Investment

Minimum investment of EUR 500,000

Processing time

Approximately 20 days for the immigration procedure

Key benefit

The right to live, work, and study in Spain, and freedom of travel to the EU and Europe’s Schengen Area

Benefits of a Spanish golden visa

Spain golden visa requirements

The Spain Residence by Investment Program requires that a foreign individual fulfills one of the following investments in the country:

1. The acquisition of real estate with a minimum value of EUR 500,000 (one or several properties)

2. Investment funds, bank deposits, or listed company shares in Spanish financial institutions with a minimum value of EUR 1 million

3. A government bonds investment with a minimum value of EUR 2 million

Documentary evidence of the investment must be provided as part of the application process. .

Procedures and time frame of the Spain golden visa

Applications to the program must be made through the prescribed forms and must be accompanied by the appropriate fees and supporting documents. Residence permits are usually issued after a 20-day consideration period and have an initial duration of three years, renewable for five years upon request, provided that a minimum investment in Spain is maintained by the applicant.

The application process comprises two stages:

  1. In the first phase, applicants apply in their home country for a Spanish residence visa that allows them to reside and work in Spain for one year.
  2. In the second phase, applicants apply for a Spanish residence permit. If they have come to Spain on an ordinary tourist visa, they may apply for the residence permit directly, thus omitting the first phase.

The residence permit applies to the main investor, spouse or partner (including unmarried or same-sex unions), and all economically dependent descendants.

There is no minimum stay requirement to maintain residence status but obtaining the first residence permit requires a visit to Spain.

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