If you are a non-EU national with €500,000 or more to invest in property in Spain you can receive a Spanish residence permit known as the Spanish Golden Visa.
If you haven’t already, read our previous posts about the 14/2013 law to find out if you meet the Spanish Golden Visa requirements and what applying for the one-year golden residence visa entails:
How do I apply for the Spanish Golden Visa?
Our conveyancing solicitors at Andalucía Lawyers can do this for you through a power of attorney. Processing and granting the residency will be done by the Spanish Ministry of Foreign Affairs. Applications will be responded to within 20 working days from the submission of the application. If there is no answer following this period, the application shall be considered to have been accepted.
What rights does the Spanish Golden Visa grant me?
The two-year investment visa allows you to spend two years in Spain, and travel freely in the Schengen area for 90 out of every 180 days. There is no limit to the amount of times this two-year residency can be renewed.
Am I obliged to stay in Spain with the two-year golden residence visa?
There is no obligation to spend a minimum amount of time in Spain. You can remain a tax resident outside of Spain, whilst benefiting from Spanish residency and freedom of travel in the EU.
What are the conditions for receiving the two-year golden visa in Spain?
- You must be able to show that you have travelled to Spain at least once in the previous twelve months, while in possession of the one-year investor visa.
- The investment threshold of €500,000 must be maintained. Properties can be bought and sold during this period, so long as the investment threshold is maintained. Our team of property solicitors and tax advisors at Andalucía Lawyers can manage your Golden Visa investments for you.