Spanish Residency by Investment has many benefits for applicants and their family members. It is one of the fastest means of obtaining a temporary residence permit in Europe, with processing times of less than three months. The investment threshold is relatively low compared to other Golden Visa Programs, with a minimum investment of €500,000.
The Spanish Golden Visa Program offers several options for obtaining residency by investment. Applicants can select from three channels, including an investment of assets in a business or financial entity, the acquisition of property, or the development of a business project that results in positive economic growth, such as creating new jobs.
Spanish Residency by Investment is also open to family members of the main applicant, including spouses or unmarried partners, children of any age who are financially dependent on the applicant, and financially dependent parents of the applicant or their spouse.
Obtaining a temporary residence permit in Spain, and eventually, permanent residence and citizenship, by investment can open up a wide range of new business, tourism, and educational opportunities to applicants and their families. A Spanish residency permit can be achieved in a short amount of time and allows applicants, and their family members, visa-free access to all countries in the Schengen Zone.
Certain nationalities, including anyone from Latin American countries, Andorra, the Philippines, Equatorial Guinea, Portugal, or persons of Sephardic origin, will be able to apply for Spanish citizenship after only two years of effective residency. For all other nationals, the requirement is 10 years of continuous residence, with a required annual stay of six months. All Golden Visa permit holders can apply for Spanish citizenship and a Spanish passport, allowing visa-free travel to over 190 countries.
The Spanish Golden Visa Program does not require applicants or their family members to reside in Spain to maintain their Golden Visa. Furthermore, Golden Visa residency permit renewals can be done remotely from anywhere worldwide.