“Golden Visa” investor

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Golden Visa” investor – a residence permit in Spain with the widest possible opportunities:

• It is not necessary to live in Spain, it is enough to come at least once a year
• Wider circle of family members of the investor who can obtain a residence permit in Spain
• The right to work in Spain for the investor and his family members
• Adult children and elderly parents of the investor have a chance to get a residence permit
• You do not need to pay taxes in Spain if you do not live in the country, except for taxes on property and income received in Spain
• No need to disclose sources of income in the package of documents for a residence permit, only investment documents

Conditions for obtaining a Golden Visa and what types of investments are suitable

• Purchase of real estate in Spain worth from 500 thousand euros
• Money on deposit in a Spanish bank from 1 million euros
• Investment in the authorized capital of a Spanish company from 1 million euros< /li>
• Investment from €1 million in publicly traded Spanish shares
• Launching and investing in a significant business project for Spain

Do you want to get an investor residence permit through real estate?

Options: 

• You buy one or more properties with a total value of more than 500,000 €
• You already own a property. You buy one or more properties, the total value of the old and new property exceeds 500,000 €
• You already own a property worth more than 500,000 €

Pay attention to these nuances:

• The value of the objects indicated in the bills of sale (Escritura) must be at least 500,000 € in total
• The date of acquisition is strictly not earlier than September 28, 2013, when Law 14/2013 entered into force
• It is allowed to have several objects for a total amount of 500 thousand euros, but this cannot be a share in a property, even if it is more expensive than 500,000 €

• An object may be jointly owned by the spouses, but if each is allocated a share in the object, the investor’s residence permit can no longer be issued
• The presence of the seller’s mortgage that has not been withdrawn or buying in a mortgage are possible obstacles to obtaining an investor’s residence permit
• The cost of building your own property will not be considered as an investment, but it is possible to purchase a property under construction with a staged payment

Risks when applying for an investor residence permit

• The risk of misinvesting money. For example, investing 500,000+ euros in an object that does not comply with the Laws
• The risk of not taking into account the nuances of obtaining a Golden Visa and not getting a residence permit for those family members with whom you would like  move.
• The risk of being refused due to an incomplete package of documents and wasting time and money for re-applying for a residence permit 

The duration of the investor’s residence permit depends on the place of registration

You can immediately get an investor’s residence permit in Spain itself for a period of 2 years and the possibility of extending for 5 years. Or you can first get an investor’s “Golden Visa” at the Spanish consulate in your country for a period of 1 year, and then in Spain get Investor’s residence permit for a period of 2 years and the possibility of extension for 5 years.

The cost of preparation, submission of documents for registration of the Golden Visa residence for an investor is 2500 €, and for a family member 1250  €.