The Spanish Golden Visa Program is one of the most expensive and bureaucratic investor’s immigration schemes. However, I am sure, that it is the EU’s most profitable residency through investment solution of the immigration market. Spain is full of\u00a0undervalued properties now. The total recovery of the Spanish real estate market will not take too much time. \u00a0Although\u00a0price increase is a very common trend in the EU, Spain still has\u00a0plenty of cheap investments. The necessary amount of investment is more than enough to start a new business, buy castles, flats or any other type of property.<\/p>\n
The minimum amount of investment through the Spanish Golden Visa Program (Autorizaci\u00f3n de residencia para inversores)\u00a0is EUR 500,000. There are extra costs as the purchase tax, stamp duty, VAT, notary, lawyer and agency fees. These additional costs can add an additional 10-12% (or more) on top of the necessary amount of investment. You must invest in property, which can be literally anything, as real estate, land, factories.
\nYou can invest in Spain for the residency permit through a foreign company if you can prove that you own the majority of the international firm.<\/p>\n
The rules of the investment are quite flexible so that you can invest even borrowed money.<\/p>\n
As there is no law on minimum physical stay in Spain for the residents, the investors can pay their taxes elsewhere. However, the resident must be able to prove that he\/she stayed or traveled in Spain. It means at least one occasion during the first two years of the residency and once more during the three subsequent years.
\nYou can obtain the Spanish permanent resident status after five years. Then you can even sell the qualifying property. After another five years, the permanent resident can obtain the Spanish citizenship and passport.<\/p>\n
The applicant (You) should visit Spain to chose the right investment option. It is also possible to purchase real estate property with a power of attorney without the personal visit. However, my advice is to come and see what you are going to buy.<\/p>\n
After the purchase, the attorney applies for the first one-year investor visa on your behalf. With this visa, you can travel freely inside the EU’s Schengen zone. The authorities issue this visa in Spanish Embassies and Consular Offices. This process takes a minimum of ten days.<\/p>\n
After the first year, you can apply for the renewable residency permit for two years. This visa is renewable in each two years until you maintain the qualifying investment. It takes five years to became a\u00a0permanent resident and more five years until the application for the Spanish citizenship.<\/p>\n
Real estate property investments qualify for the Spanish Investor Golden Visa. The minimum threshold of the investment is EUR 500,000.
\nYou can invest in:<\/p>\n
Do you want to live in beautiful Spain? Contact me<\/strong> on info@tucanoprod.com!<\/p>\n Spanish property prices decreased very fast during the global financial crisis, and it takes some more years to recover the pre-crisis price levels entirely.<\/p>\n Now, I just try to show you some examples of Spanish properties up for sale. 500,000 euros is enough to buy:<\/p>\n Four little castles like this, with sea and mountain view<\/p>\nWhat can you buy for a half a million euros in Spain? (Practical examples)<\/h2>\n