
Spanish Citizenship By Investment 2022: Discover All You Need To Know
FAQs
Who Can Get a Golden Visa for Spain?
It would help if you made one of the following investments to be eligible for a Spanish Golden Visa:
- Buy a value in real estate in Spain worth at least €500,000. It can be one single unit or more, with a total cost of no less than €500,000.
- by investing in the country's public debt of no less than €2,000,000.
- Purchase shares in a company or deposit in a Spanish bank of at least €1,000,000.
- Invest in a new enterprise that will create jobs, contribute to scientific and technological innovation, and have a significant socioeconomic impact in the area where it will operate.
You must also meet the following requirements in addition to the investment.:
- You must be of legal age (+18 years old).
- You must not have any criminal records.
- You must not have previously been denied a Schengen Visa.
- You must have health insurance in Spain.
Because the investment is significant and dangerous, most potential applicants contact investment immigration consultants to determine their eligibility.
How to Apply for a Spanish Golden Visa?
You can apply for a visa at the nearest Spanish Embassy or Consulate if you've made any of the investments above. It would be best if you were committed to investing at the time of application, but it does not have to be completed.
You do not need to be in Spain to apply for the visa, but you will need to travel there beforehand to see your investment choices, create a bank account, and meet with lawyers. You can do this on your own or with the assistance of skilled specialists. You can grant your lawyer Power of Attorney to file your Spanish Golden Visa application and secure your money once you've decided on an investment.
Application for dependents: Your family members must apply for their visas to enter Spain as dependents. Birth and marriage certificates, as well as other documents establishing familial relationships, must be submitted.
What Family Members Are Eligible for a Golden Visa in Spain?
The family members you can bring to Spain on a Golden Visa are as follows:
- Your spouse
- Children under the age of 18. If you have any children who are not minors but are nonetheless reliant on you due to health or mental difficulties, they qualify for the visa as well.
- Parents who are reliant on you.
- Your family members will be given residence permits and will be able to travel freely throughout the Schengen Zone.
For How Long Will The Golden Visa For Spain Be Valid?
The Golden Visa will be valid for just one year. This year, you must enter Spain and exchange your visa for a two-year residence permit.
The residence permit can be extended forever without any stay restrictions as long as you keep your investment. You must fly to Spain whenever your residence permit needs to be renewed.
If you intend to live permanently in Spain, you can apply for permanent residency after five years of continuous presence (at least six months out of the year).
Can I Get Spain Citizenship by Investment?
Yes, the Investor Visa in Spain offers a path to citizenship if you dwell in the country for at least ten years.
Although becoming a resident of Spain through investment is quite simple, you must live in Spain for at least six months for ten years to acquire a passport.
There are also other conditions for getting Spanish citizenship, such as language proficiency and ties to the nation. A Spanish passport permits the holder to work in the EU and travel to over a hundred countries without a visa.
What Are The Benefits of the Spanish Citizenship By Investment?
Spanish nationals and their family members can travel visa-free to any Schengen Zone country for up to three months in six months because Spain is a member of the European Union. Other benefits include::
- You do not need to dwell in Spain to renew your residence permit, but you may do so if you like.
- It is lawful to work and reside in Spain.
- You and your family members (spouse, children, and dependent parents) will access public services such as health care and education.
What Are the Documents Required for Spanish Citizenship By Investment 2022ts:
- Visa Application Form for Spain
- You'll need two passport-size pictures. Check to see if they meet the photo requirements for a Spanish visa.
- Check that your passport is valid for the duration of your trip to Spain and that it has at least two blank pages.
- A photocopy of your passport's information page may also be required.
- If you are not a citizen of the country you currently reside, you must apply for citizenship.:
- Permission to remain in the country is granted by you.
- Documents prove that you have sufficient funds to support yourself and your family while in Spain.
- Police records demonstrate that you have never been convicted of a crime. They must be issued within three months of the application's submission.
- Proof of health insurance (private or public) with a Spanish-based insurance company.
- Payment proof for the visa fee.
- Any other documentation specific to your case (investment or real estate transaction), as indicated below.
The documents you submit must be translated into Spanish by a professional translator and apostilled (if they aren't already).
What Are The Requirements for Spain's Golden Visa (Real Estate)?
If you bought a house in Spain, you must produce proof of ownership in the form of a certificate from the Land Registry within three months of the application.
This certificate must include the purchase amount (no less than €500,000).
If the property has not yet been registered with the Land Registry, you can merely show confirmation that the forms have been filed and payment has been made.
Suppose the purchase of the property has not yet been completed. In that case, you can provide the preliminary contract, which contains a down payment, as well as a statement from a Spanish financial institution certifying the availability of the funds.
Other Requirements For The Spanish Citizenship By Investment 2022
To prove your investment when applying for a Spanish Investor Visa, the following documents have to be submitted:
- Investment in the Spanish Government Debt: A document certificate from the Bank of Spain or another financial institution certifying that you are the investment's sole owner for at least five years.
- Investment in stocks or shares in a Spanish company: A statement of the investment from the Spanish Ministry of Economy and Competitiveness's Registrar of Investments.
- Investment in quoted shares: A financial intermediary's certificate declares your investment, registered with the Spanish National Stock Market Commission or the Bank of Spain.
- Investment in a bank deposit: A financial institution certificate naming you as the single owner of the bank deposit.
Is It Plausible to Use a Loan to Apply for Spain Golden Visa?
You could not apply for a Golden Visa in Spain if the funds were obtained through a loan. The initial investment must be made entirely with your finances, and you must be the sole owner of the investment.
Is It Possible to Make a Joint Investment to Get a Spain Investment Visa?
Even if you make a group purchase or investment, each investment must meet the minimum standards. As a result, if you decide to buy a house, each person involved must spend €500,000 to qualify for the Golden Visa.
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