Golden Visa Process – Spain
The following is a guide to the application procedure for the golden visa programme in Spain. It is meant as a practical outline for clients using our real estate services and does not serve as a full legal guide. Details may change from time to time so please contact us.
Prior to any application for the applicant and their family for the golden visa there needs to be sufficient investment in real estate. That is €500,000 per applicant. Subject to making the required investment and meeting the programme criteria below, applicants will be granted the residency visa.
Consult with us at Propsperity as to your eligibility and suitability for the golden visa programme in Spain.
We will advise on the programme fit for your family structure, country of residency, financing and other circumstances. No two families are the same but we have experienced and dealt with most situations.
Pre Visit Stage
We will help plan your visit but you will need a Schengen visitor visa for access to visit Spain.
We will also advise on the most appropriate areas and real estate investments to suit your needs. Lifestyle, rental, intended usage, capital growth, business and travel needs can play a part in this.
During your visit to Spain you will essentially need to do 3 things:
- Visit and view properties with us and our trusted partners
- Meet with lawyers and grant a Power of Attorney (POA)
- Open a bank account
Ourselves and our representatives will take care of all arrangements and accompany you. Propsperity has over 10 years’ experience dealing purely with international real estate investors just like you. Throughout this time we have built a network of trusted partners including banks, developers, agents and lawyers to help ensure a smooth process for your visit and property investment.
On returning home you will need to make a transfer of deposit to secure the property if this was not done during your visit. Completion of the property typically takes two to three months. Your lawyer can undertake this in full in your absence.
The requirements for the investor visa are:
- Minimum investment of €500,000
- Clean criminal record
- No previous refusal of entry or visa to the EU
- Sufficient medical insurance (in case you decide to stay in Spain)
- Bank statements to prove sufficient income
On completion of the property purchase your lawyer will then process your visa application. Typically this takes a further 10 working days before issue.
For more information please contact one of our legal specialists – Access