Spanish Golden Visa.
The Spanish Golden Visa program, introduced in 2013, is a residency-by-investment initiative aimed at attracting foreign investors to Spain. It offers non-European Union nationals the opportunity to obtain Spanish residency by making a significant investment in the country. The visa is particularly popular among wealthy individuals seeking to establish a foothold in Europe while enjoying the benefits of living in Spain.
To qualify for the Golden Visa, applicants must invest in one of several areas: real estate, business, or government bonds. The most common route is through real estate, where an investment of at least €500,000 is required. This allows investors and their families to gain residency rights, including the ability to live, work, and travel freely within the Schengen Area.
In addition to the real estate route, applicants can also invest in Spanish businesses or government bonds. Business investments must typically create jobs or contribute to the Spanish economy, while the minimum investment for government bonds is €2 million.
One of the main advantages of the Spanish Golden Visa is the flexibility it offers. The program does not require the investor to reside in Spain full-time, and the visa can be renewed every two years. After five years of residency, applicants may apply for permanent residency, and after ten years, they can apply for Spanish citizenship, subject to fulfilling certain requirements.
The Spanish Golden Visa program is set to expire on April 3, 2025, due to changes in immigration laws. This decision impacts foreign investors who had planned to obtain residency through the program. Interested individuals should act before the deadline to secure their investment-based residency.
Would you like to buy a home for the Spanish Golden Visa?
Marbella is home to several renowned real estate agents specializing in luxury properties. One of the most trusted real estate agencies is LuxuryForSale.Properties known for their expertise in high-end villas, penthouses, and estates. These agents offer personalized services to guide clients through Marbella’s exclusive property market. If you are interested in a south-facing luxury apartment in Puente Romano or a west facing house in Nueva Andalucia, we can find it for you!