Spain
Situated in Southwestern Europe, Spain is a vibrant country admired for its majestic landscapes and excellent quality of life and a nation with a rich history and unique culture and traditions. The country is regarded as one of the world’s most popular holiday destinations. Spain has one of the most important economies in Europe. It is also a full member of the EU and the Eurozone.
The Spain Residence by Investment Program is ranked 8th out of 26 programs on the 2022 Global Residence Program Index. This program allows foreign nationals to make a significant investment in the country and apply for an investor visa. Individuals and their immediate family members can become residents of Spain (through a temporary residence permit) within a few months. Subject to general immigration rules and requirements, residents by investment can acquire permanent residence status after five years of continuous residence in Spain, and may gain Spanish citizenship thereafter.
Country Information
- POPULATION
- 46,793,533
- LANGUAGE
- Spanish
- ECONOMY
- Mixed Economy
- CURRENCY
- Euro
- MIN. CAPITAL INVESTMENT
- Euro 500,000
- PROCESSING TIME (APPROX.)
- 6-8 months
PROGRAM REQUIREMENTS
Key Advantages Include
To qualify for residency or citizenship, applicants must meet the following criteria:
- Be a non-EU citizen.
- Possess a valid passport or another foreign travel document.
- Provide documents supporting the source and origin of invested funds.
- Hold no criminal record.
- Pay application and processing fees where applicable.
INVESTMENT OPTIONS
The Spain Residence by Investment Program requires that a foreign individual invest into either:
- Real Estate Investment of at least (or adding up to) €500,000
- Invest in Spanish shares or businesses of at least €1,000,00
- Bank Deposit or investment fund of €1,000,000 in a Spanish financial institution
- Investment of at least €2,000,000 in government bonds
BENEFITS
- Obtain Permanent Residence in approx. 6 months.
- Right to live, work and study in Spain
- Allows freedom of movement within the Schengen area
- No minimum stay requirement
- Access to public healthcare and education systems in the country
- Ability to include a spouse or unmarried partner, financially dependent children of any age (adult children must be full-time students), and financially dependent parents of the main applicant and/or their spouse who are 65 years and older.
