How to get Golden Visa in Spain

There is a unique opportunity for non-European Union residents who wish to invest and establish themselves in the country: the Golden Visa. This program allows investors to obtain a visa or residence permit through significant investments in various categories.

Types of Eligible Investments:

1. Financial Assets: Make an initial investment of:

   • Two million euros in Spanish public debt securities.
   • One million euros in shares or equity stakes in Spanish companies with genuine business activities.
   • One million euros in investment funds, closed-end investment funds, or venture capital funds established in Spain.
   • One million euros in deposits with Spanish financial institutions.

1. Real Estate Acquisition: Invest in properties in Spain with a value equal to or exceeding 500,000 euros per applicant.

2. Business Project: Develop a business project that meets specific requirements and obtain a favorable report before making the application.

Types of Permits:

• Visa: If you are outside of Spain, obtain permission to reside and work throughout the national territory. The duration is 1 year (6 months for property acquisition through a reservation contract), and at the end of the year, you must apply for a residence authorization.

• Residence Authorization: If you are already legally in Spain, obtain a 3-year permit to reside and work throughout the country.

Where to Submit the Application:

• Visa: At Diplomatic Missions and Consular Offices, such as Embassies and Consulates.

• Residence Authorization: At the Unit for Large Companies and Strategic Collectives (UGE-CE).

Required Documents:

The required documents vary depending on the type of investment. In general, general documents such as a passport or ID card are required, as well as specific documents for each investment, such as investment certificates, certificates of ownership and encumbrances from the Property Registry, and documents related to the business project.

Legal Entity:

If the investment is made through a legal entity, additional documents must be provided to demonstrate that the applicant holds the majority of voting rights and the authority to appoint or dismiss the majority of the members of the management body.

Where to Request the Business Project Report:

• Visa: At the Economic and Commercial Office in the geographical area where you submit the visa application.

• Residence Authorization: At the Directorate General of International Trade and Investments.

At BEA, we specialize in advising foreign investors seeking to obtain the Golden Visa in Spain. Our team of immigration experts will guide you through every step of the process, from selecting the right investment to submitting the application. Contact us today to start your journey towards residency in Spain through the Golden Visa!