Spain Residency By Investment
Are you considering owning a Mediterranean home, with easy travel to European markets and fantastic beach views?
Individuals interested in buying a Spain residence by investment can rely on us at VIP Nomads to provide personalized support after the new changes to the Golden Visa program. Thanks to legal methods and different types of investment, the Spain residency visa allows you to become a legal resident in Spain.
Get Spanish Residency With Plenty of Benefits
Although the program ended, the Spain Golden Visa cost started at €500,000 for real estate investments, with additional legal and administrative fees. Besides the Golden Visa, Spain provides various ways for getting citizenship in Spain based on investment property in Spain or earning an income. These include:
- Non-Lucrative Visa: This visa is for people who plan to live in Spain without a job. It is perfect for retired people.
- Digital Nomad Visa: Designed for remote workers working for companies outside of Spain.
- Entrepreneur Visa: Founders establishing new businesses can apply for the Entrepreneur Visa.
- Property Ownership Visa: Investing in property in Spain can help with the visa process.
While the Spain Golden Visa is no longer available, more people than ever want to invest in Spanish real estate. The country continues to attract people due to its gorgeous scenery, pleasant lifestyle, and steady economy.
Requirements For Application
Every visa has its paperwork, though these are the typical residency requirements for Spain:
- Prove your financial stability by regularly receiving passive income or saving money.
- To live in Spain, you must purchase private health insurance. The plan should not require you to pay anything.
- To qualify for a Spain residence by investment, you must purchase private health insurance. There should be no copays when using this plan.
- No serious criminal offenses have ever been committed in Spain or another country.
- To keep your permit valid, you must spend a specific amount of time in Spain annually.
Obtaining a Spanish residence permit starts with ensuring you meet these criteria. VIP Nomads takes care of this for you.
How to Apply for Citizenship in Spain?
Are you wondering how to apply for residency in Spain? Here’s how you can become a citizen after living as a temporary resident:
Decide What Visa You Should Apply For:
Choose the best type of visa for you, as you have the Non-Lucrative, Digital Nomad Visa, or Entrepreneur Visa options.
Apply for a resident visa in Spain:
Bring your papers and forms to a Spanish consulate in your country. After you receive confirmation for your residence card, go to the local police station to claim your TIE (Foreigner Identity Card).
Do Not Break the Two-Year Residence Requirement:
Make sure you renew your visa at the appropriate time. After the first year, you should do it every 2-5 years, depending on your choice.
Living in Spain for a Long Term:
After five years, you can apply for permanent residency. This enables you to enjoy fewer rules when renewing it.
Obtaining Spanish Citizenship:
You can apply for citizenship once you have lived in the country for ten years; however, citizens of Latin America often need to wait only two years. Are you interested in learning how to get Spanish citizenship without difficulty? We have legal experts available to help you throughout the process.
Things to Remember Before Applying
- Cover your residency in Spain with a legally recognized health insurance plan. Spanish law requires your insurance policy to provide both primary and emergency care at no cost. Meeting this requirement is vital during residency in Spain because not doing so can result in your visa being denied. Choose a provider who both knows the required legal terms and is reliable.
- If you want to get permanent residency in Spain and become a Spanish citizen by residency, you must meet the annual requirement for days spent in residence. Note all your visits to Spain, particularly if you own property here or plan to invest, as you travel a lot. Invest in Spain real estate and get permanent residency in Spain.
- When applying for residence in Spain, each paper written in a foreign language must be translated into Spanish. In most instances, an Apostille stamp or notarization will be necessary to prove the document is authentic. Thus, this step greatly matters when managing property documents for Spanish property deals or your residence by investment application.
Why Choose VIP Nomads?
Help Every Step of the Way:
Our primary focus at VIP Nomads is on helping people move across the globe. Whether you need a visa, want to invest in property, or are considering settling for the long term, our experts guide you.
Custom-made Residency Programs:
We know that every client’s goals are different. We help our customers choose the correct visa, including digital nomads, non-lucrative, and valuable real estate options in Spain.
End-to-End Support:
Our team handles getting health insurance for your Spain residence by investment, translating documents, and meeting deadlines to make your application run smoothly and efficiently.
Working with Clients Around the World:
People trust us because we are reliable, confidential, and get results. Join a growing number of happy VIP Nomads clients as you start your application for a Spain residence.
Ready to start your journey?
We will assist you if you need information about applying for residency in Spain, selecting a visa, and being granted legal residence. Furthermore, suppose you’re interested in Spain’s coastal real estate, are planning a retirement move, or are launching a business. In that case, we will guide and assist you with getting a Spain Residency by Investment smartly and legally.
Frequently Asked Questions
How much investment do I need for the Spain Golden Visa?
The most common route is €500,000 in real estate. Other options like investment funds or deposits usually require €1,000,000 or more.
How long does it take to get Spain Residency by Investment?
Once your documents are ready and submitted, the Golden Visa process often takes a few months for approval.
an my family get residency through the Spain Golden Visa?
Yes. Your spouse and dependent children can receive residency permits under the same investment.
Does the Spain Golden Visa lead to citizenship?
Yes. After five years of holding legal residency, you can apply for permanent residency, and after ten years you can apply for Spanish citizenship under normal rules.
Can I rent out my property used for the Golden Visa?
Yes. You may rent your qualifying property and earn income from it while keeping the Golden Visa.
Can I rent out my property used for the Golden Visa?
Yes. You may rent your qualifying property and earn income from it while keeping the Golden Visa.
Can I work in Spain under the Golden Visa?
Yes. The Golden Visa allows you to live, work, and study in Spain.