Frequently Asked Questions (FAQ)

  • Not be a citizen of a member country of the European Union.
  • Be over 18 years.
  • Not have a criminal record in the last 5 years.
  • Have health care in Spain.
  • Be in possession of financial means for personal and family maintenance (if a residence permit has been requested for the family), €55,000 for the investor plus €7,000 for each member of the family.
  • Proof of the investment made.

All except citizens of Member States of the European Union, of another State party to the Agreement on the European Economic Area or Switzerland.

Yes, your spouse or unmarried partner, under age children’s or adult children who are financially dependent on the holder and dependent ascendant.

It must be resolved by the Administration within 20 working days if it is made from Spain or 10 days if it is made from abroad, the administrative silence being understood as positive if it is not resolved within the deadline.

  • Residence permit: 3 years during which you can live and work in Spain. At the end of this period, you can request a renewal for a further 5 years.
  • Investor visa: 1 year. Within this period, the applicant must enter Spain and apply for the Foreigner’s Identity Card within one month and always before the end of the one-year period. At the end of this period, the applicant must apply for a residence permit, which will have a duration of 2 years. At the end of this period, a renewal for a further 5 years can be requested.

Only to maintain the investment.

You must invest without financing, at least the minimum required in the different forms of investment. But if the investment must be higher, you can finance the rest.

Let’s take an example: You want to buy a property with a value of €700,000. You must invest at least €500,000 out of your own pocket and you can finance the rest.

You can buy more than one, in fact it is very common. Let’s take two examples:

1. You want to buy a property with a value of €475,000, not quite the minimum required, and you buy a garage worth €25,000.

2. You buy a property in a city worth €350,000 and a beach house worth €150,000.

It depends. If the property was acquired before 2013, when the Golden Visa came into force, you cannot apply for it. But if the purchase was made after that date, you can apply for a residence permit.

Yes, in such a case you can apply for a visa for a duration of 6 months and once the purchase contract is settled apply for the Golden Visa Authorization.

Only if you are a permanent resident. The Golden Visa does not oblige you to reside in the country, so if you do not spend more than 183 days a year in the country you do not have to pay taxes

The most complicated part is obtaining the necessary documentation, the favourable reports if applicable, and dealing with the Administration. It is not a simple process, but when you are familiar with the procedures and channels, it is quick and problem-free.