Golden Visa Spain
Since the introduction of the new ‘Proyecto de Ley de apoyo a los emprendedores y su internacionalización’ legislation in October 2013, non-EU investors can apply for permanent residency in Spain. This residency permit is often referred to as the ‘Golden Visa’, and it allows free movement between EU member states. These visas are clearly not for everyone. The minimum qualifying investment is, in every case, a substantial sum of money. But government representatives in all countries report that interest is high. Most interest comes from China with significant further interest coming from Russia, India and various other countries in Africa, South America and Asia.
Successful applicants will, initially, receive a one-year, temporary residence visa which can be renewed twice for two year extensions.
Applicants in all countries can apply to bring their spouses and dependent children with them.
Who is eligible for the Golden Visa?
To be eligible you will need to invest in a Property For Sale in Spain of a minimum of 500,000€ per person in cash, Applicants can also invest €2,000,000 in Spanish government bonds. Mortgages and loans can only be used if supplementary to the cash investment – we can also help you to secure a favourable mortgage, if required.
Let us know if you are interested in obtaining a Golden Visa and we will be able to tell you if you fulfil all of the necessary criteria. SpainForSale.Properties can put you in touch with experienced Lawyer in Marbella area, who can assist your application for a ‘Golden Visa’.
Puerto Banus (29660).