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Spain Golden Visa Program – Requirements and How to Apply

Embark on a journey of opportunity and residency in Spain with the Golden Visa Program. Introduced in 2013 to bolster investment and entrepreneurship, this program is a gateway for non-EU citizens to embrace Spain’s dynamic lifestyle and robust economy.

At Consult Immigration, we focus on efficiently guiding you through the Spain Golden Visa process, helping you quickly achieve residency in Spain.

The Spain Golden Visa: Key Features and Benefits

The Spain Golden Visa offers unparalleled flexibility and benefits. Notably, there’s no minimum stay requirement in Spain, allowing you to manage your tax residency status effectively.

In addition, you will enjoy the right to live, work, and travel freely within the Schengen Area for up to 90 out of every 180 days.

Eligibility and Investment Options

To be eligible for the Golden Visa, you must comply with one of the following investment options:

Real Estate Investment: By investing a minimum of EUR 500,000 in Spanish property, you can enjoy the benefits of the Golden Visa. This investment can be in one or multiple properties, across any region in Spain, offering you a tangible asset in one of Europe’s most sought-after real estate markets.

Investment in Spanish Debts: For those interested in a more financial approach, investing  EUR 2 million in Spanish government debts is an option. This investment supports the Spanish economy and offers a stable, government-backed venture, aligning with the Golden Visa requirements.

Investment in Spanish Companies, Stocks: If you’re looking to engage more directly with the Spanish corporate sector, investing EUR 1 million in shares or stocks of Spanish companies is your pathway. This investment fosters economic growth and innovation in Spain, while providing you with a stake in its diverse business landscape.

Deposit in a Spanish Bank Account: A straightforward investment option is depositing EUR 1 million in a Spanish bank account. This shows your financial commitment to Spain and qualifies you for the Golden Visa, without the complexities of managing physical assets or business investments.

In addition to the financial investment options, applicants must meet these general requirements:

  • Non-EU nationality and at least 18 years old
  • A clean criminal record in all countries resided in during the past five years
  • Legal entry and stay in Spain, with no Schengen zone rejections
  • Health insurance from an agency authorized in Spain
  • Sufficient financial resources: *EUR 2,400/month for self-support and an additional *EUR 600/month for each family member. *These values are based on 2024 requirements.

The Spain Golden Visa Application Process

Achieving your Golden Visa involves the following:

Investment Realization: Make your chosen investment in one of the qualifying options.

Document Preparation: Gather essential documents, including a passport, criminal records certificate, health insurance, NIE (Foreigner Identity Number), proof of financial means, investment accreditation, and family certificates (if applicable).

Visa or Residence Authorization Application

Visa Option: Apply at your local Embassy or Consulate. This visa lasts for one year and can be renewed. The decision is made within 10 working days.

Residence Authorization: If already in Spain, apply for a two-year residence authorization. Applications are processed within 20 working days.

Living in Spain as a Golden Visa Holder – Your Rights and Privileges

As a Golden Visa holder, you can enjoy residency without stringent time-in-country requirements.

This flexibility allows you to manage your tax residency status effectively while enjoying the benefits of living and working in Spain.

How We Can Help

At Consult Immigration, we bring legal and financial expertise to ensure your Golden Visa application is successful.

We provide comprehensive support every step of the way, including:

  • Assisting you in selecting and making the investment
  • Submit the Golden Visa application for you as well as your family members
  • Advising and assisting with visa or residence authorisation process

Our aim is to make your journey to Spanish residency as seamless and hassle-free as possible.

Spain Golden Visa – Frequently Asked Questions

To assist further, here are 10 of the most widely asked questions we receive when it comes to the Spain Golden Visa:

What is the Spain Golden Visa?

The Spain Golden Visa is a residency program for non-EU/EEA/Swiss nationals. It grants a residence permit in Spain to individuals who make a significant investment in the country, such as in real estate, government debt, or Spanish companies.

What are the investment requirements for the Spain Golden Visa?

The investment options include purchasing real estate worth at least EUR 500,000, investing EUR 2 million in Spanish government debts, investing EUR 1 million in shares of Spanish companies, or depositing EUR 1 million in a Spanish bank.

How long does it take to obtain the Spain Golden Visa?

The processing time for a Golden Visa application typically ranges from a few weeks to a couple of months, depending on various factors, including the type of investment and the completeness of the application.

Do I need to live in Spain to maintain my Golden Visa?

No, there are no minimum stay requirements for Golden Visa holders in Spain, making it ideal for those who wish to maintain tax residency elsewhere.

Can family members also get residency through the Spain Golden Visa?

Yes, the primary applicant’s spouse, minor children, and dependent adult children and parents can apply for residency under the Golden Visa program.

What are the benefits of holding a Spain Golden Visa?

The benefits include the right to live, work, and study in Spain, visa-free travel within the Schengen Area, and potential eligibility for permanent residency and citizenship.

Is the Spain Golden Visa renewable?

Yes, the Golden Visa can be renewed every two years as long as the investment is maintained. After five years, you can apply for permanent residency.

Can I apply for Spanish citizenship with the Golden Visa?

Yes, after legally residing in Spain for ten years, you can apply for Spanish citizenship, subject to fulfilling other criteria such as language proficiency and integration.

What are the financial resources requirements for the Golden Visa?

Apart from the investment, you need to prove sufficient financial means for yourself (*EUR 2,400 per month) and additional funds for each family member (*EUR 600 per month). *These values are based on 2024 requirements.

Is health insurance required for the Spain Golden Visa?

Yes, applicants must have health insurance from an agency authorized to operate in Spain.

Contact Us and Get Started on Your Journey

Start your adventure towards residency in Spain through the Golden Visa program. Fill out the form below to learn how we can facilitate your successful application for the Golden Visa.

Our dedicated team of Qualified Attorneys and Legal Advisors is ready to provide you with expert, tailored guidance and support throughout each stage of your Spanish Golden Visa application.

What our Consult Clients have to say

I was hesitant to take this big step and apply for citizenship through descent, but I took the plunge and paid for an appointment with Consult Immigration. I am so happy I did this. David and Ines answered all my questions and were extremely helpful with their extensive knowledge of the process and they asked questions for me that opened my mind to many other possibilities that would lead me to my new destination. I really liked both of them and I felt they truly earned my trust. Great service. I got so much more out of our meeting than I expected. Nice surprise!

Shannon RossCalifornia, USA

Dear David, thank you so much for the assistance and professional service I received from you during my immigration process to Portugal. If it was not for your sound advice, I could have made a disastrous choice as to which country to relocate to, given the technical nature of immigration laws and how they are applied to foreigners. The support I received from you while dealing with the local officials was also very beneficial. Thanks for going the extra mile!

Schalk Badenhorst

David, Pina and his team at Consult assisted me in my residency permit application for Mallorca, Spain through their tireless efforts in SA and Spain, from initial interest through to making appointments with the relevant authorities in Palma and were highly knowledgeable and patient throughout the process. Highly recommended!

Maira KoutsoudakisCEO LIFE Group of Companies

We would like to thank you once again for your very professional assistance in making this move possible. Your support during the process in South Africa was invaluable and your associates here in Portugal were very professional in dealing with the local procedures. This would be a daunting process without professional help and we can strongly recommend your services to anybody interested in relocating to Portugal.

Pieter Steyn & Márcia Camargo

I have had the pleasure of dealing with David at Consult and have been highly impressed with his professionalism. Pina, his partner in Spain, has also been extremely helpful and prompt to reply. I would highly recommend their immigration services to anyone looking to have the bureaucracy streamlined.

Simone Bishop

Consult Immigration assisted my husband and I with our residency application for Spain last year, and I can honestly say that I don't know how we would have achieved it without their assistance. There was always clear communication and we were kept up to speed on where we were in the application process, right through to our appointments in Spain and the approval of our residency. I highly recommend Consult Immigration.

Kristin Shaw

I have recently experienced the efficient service delivered by Consult Immigration as part of my residency application to Spain. I found David very open, enthusiastic to help and give advice, and knowledgeable. It was a pleasure working with him and I strongly recommend.

Hugh Turpin