Known for famous flamenco, bullfights and captivating beaches, Spain holds a special place in the center of EU. The cultural-rich country is located in southern Europe, and has all the reasons to be an attractive destination for foreign national, as it provides foreign investors a unique opportunity to relocate to an enchanting country that offers excitement and leisure all at the same time.
- Location: Europe
- Capital: Madrid
- Languages: Castilian Spanish (official nationwide), Catalan (official in Catalonia, the Balearic Islands, and the Valencian Community), Galician (official in Galicia), Basque (official in the Basque Country and in the Basque-speaking area of Navarre), Aranese (official in the northwest corner of Catalonia (Vall d'Aran) along with Catalan).
- Population: 48,958,159
- Population Growth: 0.78%
- GPD: $1.769 trillion
- GDP Per Capita: $38,200
- Government Type: Parliamentary Constitutional Monarchy
*All numbers as per 2017 estimations.
Investment Programs and Opportunities in Spain
Spain is considered a key political and economic player. Besides being a member of several international organizations (such as UN, CoE, WTO, NATO, etc.), the Spanish economy is the fourth largest economy in the Eurozone. In 2017, Spain ranked 16th on the world in terms of GDP.
Spain offers different investment opportunities through two main programs, first of which is Spain Entrepreneur Program, which leads businessmen and women to obtaining the Spanish citizenship and residency by establishing a new business. The second investment program is the Golden Visa – Spain Residence Permit Program (Investment in properties in Spain), and leads investors to obtaining Spanish citizenship and residency by investment in properties.
Privileges & Benefits of Investing in Spain
Spain offers a wide range of benefits and privileges to entrepreneurs who wish to start their own business within the Spanish territory, or investors who are interested in owning a property in Spain, including:
- Ability to live and work anywhere in Spain.
- Ability to run your own business.
- You can enjoy the public safety both Spain and Europe provide.
- Freedom of movement within the Schengen Treaty member states.
- Ability to receive residency in Spain.
- Ability to include spouse, any children under 18 years of age and parents.
- Ability to obtain the Spanish citizenship.
- Visa-free travel or visa on arrival access to 163 countries and territories.
About Spain Golden Visa ( Real Estate Investment Program)
Spain launched Golden Visa Program - Real Estate Investment Program in 2013. In order to gain family residency, investors must make a minimum investment amount of 500,000 Euro in real estate. After 5 years, investors may gain residency. After 10 years, they may gain Spanish citizenship by investment. It is not necessary to live in Spain in order to retain the residency visa permit.
The program is one of the good investment opportunities in Spain, through investing in property in Spain, which enables investors to obtain Spanish citizenship by investment (rules apply).
Spain Golden Visa (Real Estate Investment Program) Qualifications & Requirements for Investors
There are a number of requirements that should be met in order to qualify for the Golden Visa in Spain - Real Estate Investment Program. The applicant must:
- Be over 18 years old.
- Not be currently visiting or residing in Spain illegally.
- Have no criminal record in Spain or in the countries where they have resided for the past five years.
- Have sufficient financial resources for themselves and their families during their residence in Spain.
*Other terms & conditions apply.
Cost of obtaining Spain Golden Visa (Real Estate Investment Program)
- A minimum investment amount of 500,000 Euros in real estate.
- Visa residency permits processing fees: 71.1 Euro for main applicant and spouse.
*Additional charges apply. All fees are subject to change without prior notice.
As a leading immigration services consultancy firm, Reach Immigration is committed to provide full assistance for businessmen, businesswomen, families and individuals to help them build their lifestyle of choice. We take on the task of providing full guidance and consultations, starting from providing personal consultation, up until escorting our clients on board to ensure they achieve all desired goals.
What's Included?
- Providing visa and immigration consultation: including visa pre-screening, tracking and renewal services.
- Miscellaneous services: including collecting visa documentation, preparing application for submission, and providing assistance in application until visa issuance and delivery.
- Business concept consultation: including conducting market research and feasibility study and preparing a business plan.
- Company incorporation services: including assistance in locating residential and business rentals, providing advice on tax regime and providing assistance with city hall registration.
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Sign contract & collect documents
(You have to sign the contact, and start the process of collecting the required documents)
After 1-2 months
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Locate property & complete purchase
(The process of locating a suitable property starts. Once it’s done, the purchase is complete)
After 2-4 months
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Apply for Residence permit
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Grant of Residence Permit of 2 years
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Unlimited renewals of 5 year periods
