In recent years, this permit has gained a great popularity due to its speed and simplicity. In addition, one of its advantages is that there is no obligation to reside in Spain.
Unlike any visa under the general immigration law, you can apply for this permit directly from Spain. In addition, with the Golden Visa you are granted the right to live and work in Spain for two years. With a second renewal at the fifth year, and finally opting for permanent residency.
Investors are required to invest a minimum of 500,000 euros in real estate, one million euros in deposits or shares, make an investment of at least 2,000,000 euros in Spanish public debt, or promote projects of "general interest".
Spain is part of the European Union, and Spanish residents can travel visa-free to all Schengen Zone countries for up to three months in a six-month period, as can their family members. Other benefits include:
- You do not need to live in Spain to renew your residence permit.
- You can work and live in Spain legally
- Can bring family members (spouse, children and dependent parents)
- Applicant and family members will have access to public services such as state medical care and education.
At ExpatFeliu we will evaluate your case in detail.
Contact us for further information.