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Spain

Where History Comes to Life, Every Day

In 2013, the Government of Spain passed a law to launch the residency by investment program.

Eligibility:

Benefits

Freedom of movement

As a resident of Spain, you are also a resident of a European Union country and are entitled to freedom of movement in the Schengen area.

Guaranteed by law

The program is based on the law & is guaranteed by the government since 2013.

Health & Education

You and your family will be able to study in schools or universities in Spain and have access to world-class healthcare systems and services.

Dual Residency permitted

Spain also allows dual residency, so you can keep your existing nationality or other residencies. However, Spain does not allow for dual citizenship with some exceptions.

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Steps to Spain Permanent Residency

01

Forest Gate will prescreen your passport copy and KYC form for Government pre-approval to ensure fast processing. A down payment of the professional fees will be required to open your application. Forest Gate will provide assistance and advice with the collection of the documents required in the checklist.

02

Forest Gate will guide you to Investment options in Spain, an investment that entirely suits your requirements. We will start to prepare all the documentation required for the Residency application.

03

The applicant can decide whether to travel to Spain. However, should you choose not to travel to Spain, a power of attorney may be organized to act on your behalf.

04

Forest Gate will prepare selected investment option documents to complete the process. Investment funds and taxes should be transferred at this stage.

05

Once the Government has reviewed the file, officials will notify Forest Gate to whether the applicant has Residence Visa approval. Once you have obtained this visa, you are not obliged to spend a minimum amount of time in Spain during the year. However, to obtain the residency permit at the end of the year, you do have to visit Spain at least once in the year.

06

The Residency visas are issued to you via courier once the balance of professional fees has been paid and settled.

Note

Once an investment has been made, and after the first year, investors can apply for authorization to live in Spain for two years, renewable for another two years after that (and on), as long as the investment threshold of €500,000 is maintained. For this application, you have to show that you have travelled to Spain at least once in the previous 12 months. There is no limit to the number of times this two-year residency can be renewed.

Properties can be bought and sold during this period, so long as the investment threshold is maintained.

The granting of residence permits is at the sole discretion of the Spanish Government, but generally, the application is only denied if the due diligence reveals that the applicant has made false statements in the application forms or other submitted documents; has engaged in criminal activities or is under investigation in relation to illegal activities; or has (or is alleged to have been) engaged in or associated with any event that would bring disrepute to Spain.

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