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GOLDEN VISA, EXIT FROM BREXIT

GOLDEN VISA, EXIT FROM BREXIT

21/10/2021

Legal

GOLDEN VISA, EXIT FROM BREXIT

WHAT IS THE GOLDEN VISA? It is a residence permit or visa for investors.

WHAT IS THE MINIMUM INVESTMENT? In the residential field, the investment has to be equal or higher than 500.000 euros (net) for each applicant.

IS IT ONLY RESIDENTIAL? It is possible to invest in both residential and commercial properties, such as premises or offices. In addition, the investment can be made in one or several properties.

WHAT DOES IT ALLOW? It allows to reside and work in Spanish territory and also the freedom to travel freely throughout the countries of the Schengen area for periods of up to 90 days every 6 months.

IS IT RENEWABLE? Yes, the only requirement is to maintain the investment. The first period of residence is one year, renewable for two years, with a maximum of 5 years.

What documents are required to apply for the Golden Visa? A valid passport A passport format photograph Private medical insurance with coverage in Spain Documents confirming professional/business activity as well as a financial and business plan Original criminal record certificate For family members: Certificates proving the link with the investor (birth/marriage certificate).

What are the requirements to obtain the Golden Visa? Be over 18 years of age. Not have a criminal record in Spain or in other countries where you have resided in the last 5 years. Have sufficient economic resources for you and your family members during your period of residence in Spain. Provide proof of sufficient funds to make the required investment, as well as the legal origin of the funds. Have an investment plan. Acquisition of real estate in Spain with an investment of more than €500,000, being the amount of equity capital required. This investment can be through the purchase of one or several properties.

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