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If you are curious to know everything about Spain Golden Visa
The article will provide an in-depth guide to obtaining this visa.
Furthermore, we will reveal the list of benefits of this visa in this article
Spain’s top-class beaches, rich culture, high living standards, and delicious cuisine are attractive enough for prospects for relocation. Like other countries that have adopted the Golden visa, Spain also gives foreign investors and their families opportunities to secure residency in Spain in return for qualifying economic contributions.
Spain Golden Visa allows global citizens not part of the EU, EEU, or Switzerland to invest in the country and get a Spain residency permit. However, obtaining this visa is not a cup of tea because there are several aspects you must understand before getting this visa.
The article will provide an in-depth guide to obtaining this visa.
Furthermore, we will reveal the list of benefits of this visa in this article
Reside, Work & Study
Spain Golden Visa, also known as a Spanish investor visa, is one of the most successful residency-by-investment programs. The visa program is an excellent option for non-EU nationals to pursue their career or life goals in Europe. The visa allows its holder to reside, work, and study in Spain. In addition, its holder will be eligible to reside, work, or stay in Schengen countries.
Permanent Residency & Citizenship
Since the Spain Golden visa was introduced in 2013, it has been given to more than 6600 applicants. The visa is also a door to permanent residency and citizenship in Spain.
Renew your Residency
Spain Golden visa is for 1 year and you can get the residency permit for 2 years post that you can renew your residency for an indefinite period of time. Following ten years of residency in this country, you may apply for citizenship through naturalization. However, you must meet a few criteria for getting citizenship.
Spain's golden visa program includes the residence of your family. Numerous people select investment programs regarding the education of their children. As an EU member country, the country gives numerous schools to cater to the International members of the society.
Since Spain is a member of EU states and part of the Schengen area, obtaining a Spain Golden Visa will allow you to travel visa-free to all 26 countries constituting the Schengen zone.
After submitting the visa application, the legal period for reaching the decision is ten days. However, the period might be extended when an interview or additional documents are needed.
Applicants and family members or dependants will obtain a residency for five years. - You do not need to stay in Spain to renew the Golden Visa.
There are a few requirements of the Spain Golden Visa you need to fulfil for this visa. The following is the list of eligibility criteria for this visa:
You must be not on Spain’s list of undesirable people.
You should not have rejected Schengen Visas
Proof of investment in one of the investment options
You are more than the age of 18.
You must obtain valid health insurance in Spain.
You have enough financial funds to sustain yourself and any dependents.
You have a clear criminal history from the places you have lived in
As mentioned above, the Spain Golden Visa program is also known as the Spanish investor visa. It means that you must invest in the country’s economy to get this visa. Below is the list of Spain golden visa investment options:
Invest € 2,000,000 in government bonds.
Buy one or multiple real estate properties worth € 500,000.
Deposit a minimum of € 1,000,000 in a bank account.
Contribute at least € 1,000,000 to Spanish businesses
Open a company in Spain and give employment which has an enormous socio-economic effect in the field of technological or scientific invention.
Like any other visa, you need a few documents to complete Spain golden visa process. Therefore, you should gather these documents before starting the whole process. Let us take a look at the list of documents you need to gather for this visa:
A valid passport that is valid for a minimum of one year
A document verifying that there is sufficient money for living during the time
Document verifying that you are covered by medical insurance
Document issued by the relevant authorities that confirms the schooling of your children (if applicable)
Apart from these documents, you may be required to submit additional documents. Furthermore, you should ensure that your documents are translated into Spanish.
As mentioned above, numerous investment options are available for Spain golden visa. Initially, you must find out which investment options suit you. Once selecting the reliable investment option, you should invest in that option and get all documents legalized and translated into Spanish. At this stage, we recommend you collaborate with us to complete all paperwork efficiently.
After investing, you should prepare and apply for the Spain Golden Visa. Remember, you should crosscheck the application before submitting it to the relevant authority.
You must visit Spain to provide the authorities with the required biometric data. The process of biometric data collection will take around two months to complete. Therefore, you should wait for the two months.
You should now obtain the NIE number and open the bank account to make the transaction. The step will convert the Spain golden visa process into an easy process.
After completing all the steps mentioned above, you will get the Spain Golden Visa. Remember, the visa will be valid for two years. However, you can renew this visa for every 5 years.
Flying Colour Relocation Services has the potential to provide you with complete assistance to get your Spain Golden Visa. We also have the potential to understand and advise which solution is best for a particular case.
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Getting the Spain Golden Visa involves going through a complex path. Flyingcolour Relocation Services can help you obtain this visa through the easiest path. Our team of experts will give you valuable suggestions, which will help you to obtain this visa.
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