January 8, 2018
Benefits Of Golden Visa Law For Non-Eu Nationals
BENEFITS OF GOLDEN VISA LAW FOR NON-EU
Get qualified long-term residency in Spain in
return for investing in real estate. Golden Visa means a full residence
permit for your family including working permit! All the members of
the family: spouse, children under 18 years old and any older disabled
children may be included in the perimt.
having golden residence:
Possibility to spend two years in
Ability to travel freely in the
Schengen zone for 90 out of every 180 days
No limit to the number of times this
two-year residency can be renewed
According to the law 14/2013 Spanish Golden Visa (from 27
September 2013), if one invest in real estate
more then 500.000 euro will appertain residency in Spain.
The investment can be shared
over several properties, which could be properties for a living, pice of
land, business properties like touristic, industrial,
commercial or buildings under construction.
Your investment can also be sold after 5 years when you would get
your permanent residency in Spain. To have permanent residency in Spain
you have to live in the country for 5 years and to apply for Spanish
citizenship- ten years.
One of the most important things to add; you don’t have to live in Spain
permanently during the first 2 years after your first Golden Visa
After buying a property which matches the investment criteria, you can
apply for your one-year Spanish golden visa which can be used for
multiple entries into Spain.
To be able to obtain Spanish citizenship after an additional five years
of permanent residency, the applicant family need to prove that they
travelled to Spain at least once in the first two years, and once more in
the three subsequent years.
After that point (2x5 years) of having Spanish Golden Visa, the family
can live, work or study anywhere in Europe within the EU.
According to the «Andalusian
Lawyers» there are other investment options that qualify for a Golden
Visa in Spain:
• Investing two million euros in Spanish treasury
• Investing one million euros in shares of Spanish
companies or bank deposits in Spanish banks.
• Developing a business project in
Spain that accomplishes one or more of the following:
◦ Meaningful job creation.
◦ Socioeconomic impact.
◦ Relevant contribution to scientific and/or