Residency Programs
Ready to Visit Spain?
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In 2013, the Government of Spain passed a law to launch the residency by investment program.
Eligibility:
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources
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Dependents’ Eligibility
- Spouse of the main applicant
- Children (biological or adopted) under 18 years of age
- Parents and Children older than 18 must be dependent on the main applicant.
Investment Requirement
- Client is required to make an investment of 500,000 Euros in the following sectors:
- Real estate.
- Invest in debentures or shares,
- Launch a business project in the country.
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Benefits
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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.
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Guaranteed by law
The program is based on the law & is guaranteed by the government since 2013.
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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.
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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
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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.