Spain’s Residency by Investment program offers a pathway to live in this vibrant country through real estate investments of €500,000 or more. Benefits include visa-free Schengen travel, family inclusion, access to quality healthcare and education, and potential citizenship. Enjoy Spain’s rich culture, diverse landscapes, and excellent climate.
Visa-free access to the Schengen zone
A minimum amount of EUR 500,000 is required.
Days approx. from submission of the application
A captivating experience, attracting both travelers and those seeking residence. Iconic cities like Madrid and Barcelona, renowned globally, allure millions of visitors yearly, showcasing Spain’s vibrant culture through flamenco music, seafood-influenced cuisine, and architecturally sophisticated urban landscapes inspiring renowned artists.
Geographically diverse, Spain spans from citrus orchards to snow-capped mountains, hot beaches to rugged hills. With a temperate climate featuring hot summers and cool winters, Spain enjoys both Mediterranean and Atlantic coasts, providing easy access to Europe, Latin America, and North Africa for residents and citizens.
Spain’s legal system, based on civil law with regional nuances, champions freedom and human rights, including LGBTQIA+ rights with nationwide recognition of same-sex unions. With an impressive life expectancy of 82 years, Spain stands out globally for its commitment to well-being.
Economically resilient, Spain rebounded from the 2008 global financial crisis, recording consecutive years of GDP growth above the EU average. As the fourth-largest economy in the Eurozone, Spain ranks 30th out of 190 on the 2020 Ease of Doing Business Index. Boasting strong industries, particularly the globally acclaimed fashion sector, Spain’s dynamic and rapidly growing economy is a testament to its resilience.
For residents, Spain offers an attractive tax regime. Those not spending over 183 days annually in Spain remain non-tax residents, taxed only on Spanish-sourced income according to applicable tax treaties. The Beckham Rule introduces a flat tax rate for Spanish tax residents relocating from abroad during their initial six years of residence, providing further appeal for potential residents by investment
OPTION 1. Real Estate Investment
Purchase one or more properties in Spain with a total investment value of at least €500,000 (excluding taxes and fees). The property can be residential, commercial, or a combination thereof.
OPTION 2. Capital Investment:
Invest at least €1 million in Spanish treasury bonds, Spanish company shares, or bank deposits in Spanish financial institutions.
OPTION 3: BUSINESS INVESTMENT
Invest at least €1 million in a Spanish company or companies, creating jobs or contributing to scientific or technological innovation in Spain.
OPTION 4: Fund Investment
Invest at least €1 million in Spanish investment funds, including venture capital funds, closed-end real estate investment funds, or closed-end investment funds focused on small and medium-sized enterprises (SMEs).
Other REQUIREMENTS:
Additionally, to qualify for the Spanish Golden Visa, applicants must be over 18 years old and non-EU citizens without a history of illegal entry or stay in Spain. They should have a clean criminal record for the past five years, along with private health insurance authorized in Spain. Applicants must demonstrate sufficient income to cover personal and family living expenses in Spain and must pay the relevant application fee.
Stable Economy: Spain’s economy has shown resilience, offering stability for real estate investments amidst global uncertainties.
Attractive Property Prices: The Spanish real estate market presents competitive pricing compared to other European countries, making it accessible for investors.
Strategic Location: Located in Southern Europe, Spain serves as a gateway to both European and international markets, enhancing investment potential.
Strong Tourism Sector: The country’s popularity as a tourist destination ensures steady rental income potential, particularly in coastal and urban areas.
Quality of Life: Spain’s pleasant climate, cultural richness, and high-quality healthcare and education systems appeal to investors seeking a desirable lifestyle
Legal Framework: Transparent and investor-friendly property laws ensure a secure investment environment, encouraging foreign investor participation.
Phase 1: Client Onboarding
The process begins with filing the client’s form, which enables us to carry out the initial Global due diligence. BLS Global sponsors and partners with its top-notch real estate partner make sure you meet the basic eligibility criteria, such as being a non-EU citizen, having a clean criminal record, and the capacity to make the required investment. Financial preparation is essential at this stage. Ensure you have the necessary funds for the investment, along with any associated fees and additional costs. Subsequently, following the successful screening, we provide you with a formal agreement with BLS Global.
Phase 2: Investment
The Spanish Golden Visa program offers several investment routes, each requiring a minimum financial commitment. These options include purchasing residential or commercial property valued at least €500,000, making a capital transfer of at least €1 million into Spanish stocks, bonds, funds, or bank deposits, investing a minimum of €1 million in a Spanish business venture, or contributing to job creation in Spain.
Phase 3: Application Submission
With your investment decision made, you’ll proceed to formally submit your Golden Visa application to the Spanish consulate or embassy in your home country. This phase involves compiling and organizing all required documentation meticulously, ensuring that every detail is accurate and meets the program’s stringent requirements. Key documents typically include proof of investment, comprehensive health insurance coverage, a clear criminal record certificate from your home country and any other countries of residence, as well as evidence of adequate financial resources to support yourself and any dependents during your stay in Spain.
Phase 4: Approval and Issuance
Upon submission, your application undergoes a rigorous background check by Spanish authorities to verify its authenticity and ensure compliance with program regulations. If your application meets all criteria and is approved, you’ll receive an initial visa granting you residence in Spain for one year. With this visa, you can relocate to Spain and register your address with local authorities within the stipulated timeframe.
Note: The timeframe for the real estate option may vary based on the project, highlighting the importance of selecting a project that can provide the necessary paperwork for the residency application.
Disclaimer: Residency requirements and investment details are subject to change. Please consult with our experts for the latest information.