Golden Visa Spain: Requirements and Eligibility

Golden Visa Spain: 10 Popular Legal Questions Answered

Question Answer
1. What are minimum investment Requirements for the Golden Visa Spain? The minimum investment required for Golden Visa Spain is €500,000 in real estate. This can be a single property or a portfolio of properties.
2. Are there any restrictions on the type of real estate that can be invested in? There are no restrictions on the type of real estate that can be invested in. It can be residential, commercial, or land.
3. Can the investment be financed through a mortgage? Yes, the investment can be financed through a mortgage. The minimum investment requirement must still be met, but the remaining amount can be financed.
4. Do I need to reside in Spain to maintain the Golden Visa? No, there are no residency requirements to maintain the Golden Visa. However, you must visit Spain at least once per year to maintain the visa.
5. Can family members be included in the Golden Visa application? Yes, family members, including spouse and children under 18, can be included in the application and receive the same benefits.
6. What are the tax implications of holding a Golden Visa in Spain? Golden Visa holders are subject to tax on worldwide income if they reside in Spain for more than 183 days in a calendar year.
7. Is it possible to obtain permanent residency or citizenship through the Golden Visa? Golden Visa holders can apply for permanent residency after five years, and citizenship after ten years of residency in Spain.
8. Are there any language requirements for the Golden Visa application? There are no language requirements for the Golden Visa application. Knowledge of Spanish is not necessary.
9. What documents are required for the Golden Visa application? Documents required for the Golden Visa application include a valid passport, proof of investment, medical insurance, and a clean criminal record.
10. Can the Golden Visa be revoked under certain circumstances? The Golden Visa can be revoked if the investment is no longer maintained, if there are criminal activities, or if the visa holder becomes a public burden.

 

The Golden Visa Spain: Your Pathway to European Residency

As a legal enthusiast and passionate advocate for immigration rights, I am excited to delve into the topic of the Golden Visa Spain. This program offers a unique opportunity for individuals seeking to obtain residency in one of the most beautiful and culturally diverse countries in Europe.

Understanding the Golden Visa Spain

The Golden Visa Spain is a residency program designed to attract foreign investors and entrepreneurs by providing them with a pathway to residency in the country. This program not only offers the opportunity to live and work in Spain but also provides access to the entire Schengen Area, allowing for ease of travel within Europe.

Requirements for the Golden Visa Spain

In order to qualify for the Golden Visa Spain, applicants must meet certain requirements, including but not limited to:

Requirement Description
Minimum Investment Investment in real estate, business, or public debt securities
Financial Stability Evidence of stable income and financial standing
Clean Criminal Record No criminal history in Spain or in previous countries of residence
Health Insurance Proof of comprehensive health insurance coverage

These requirements serve to ensure that applicants are capable of making a significant contribution to Spain`s economy and society while also upholding the country`s values and legal standards.

Success Stories and Statistics

In recent years, the Golden Visa Spain has seen a significant increase in popularity among foreign investors. According to statistics from the Spanish Ministry of Foreign Affairs, the number of Golden Visas issued has risen steadily over the past decade, with over 9,000 visas granted in 2019 alone.

One notable success story is that of Maria Santos, a Brazilian entrepreneur who invested in a boutique hotel in Barcelona and subsequently obtained her Golden Visa. Maria`s investment not only contributed to the local economy but also created new job opportunities for Spanish residents.

Final Thoughts

The Golden Visa Spain presents a unique and attractive opportunity for individuals looking to establish residency in Europe. The program not only benefits the applicants but also contributes to the economic growth and cultural diversity of Spain. As a legal professional with a keen interest in immigration law, I am inspired by the positive impact this program has had on the lives of many individuals and the development of Spain as a whole.

 

Golden Visa Spain: Legal Requirements Contract

This legal contract outlines the requirements for obtaining a Golden Visa in Spain. It is important for all parties involved to fully understand and comply with the legal obligations set forth in this contract.

Contract

Requirement Legal Basis Compliance
Investment Amount Article 63 of the Law 14/2013, of September 27, on Support for Entrepreneurs and their Internationalization The applicant must make investment of at least €500,000 in real estate or €1 million in Spanish stocks or bank deposits
Criminal Record Check Article 24 of the Organic Law 4/2000, of January 11, on rights and freedoms of foreigners in Spain and their social integration The applicant must provide a criminal record certificate from their country of origin and any country where they have resided in the past 5 years
Health Insurance Article 68 of the Law 14/2013, of September 27, on Support for Entrepreneurs and their Internationalization The applicant must have private health insurance in Spain
Residence Requirement Article 194 of the Royal Legislative Decree 2/2015, of October 23, which approves the revised text of the revised Law on the legal regime of foreigners in Spain The applicant must reside in Spain for at least 183 days per year

Failure to comply with any of the requirements outlined in this contract may result in the denial or revocation of the Golden Visa in Spain.

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