Spain Golden Visa Program
In an attempt to boost the country's economy, the Spanish government launched its Golden Visa Program in 2013. By investing €500,000 or more in real estate that can be leased for revenue, foreign investors can now secure residency for themselves and their families. The Spanish residency permit is issued for a period of two years and can be extended for a period of five years. The Spanish Government does not necessitate Golden Visa owners to live in Spain and all members of the family will be able to travel in the Schengen Region without any other visa application. The invention of the new technology has promoted the Golden Visa program. You can renew your residency permit online from anywhere in the world only if you adequately meet all of the qualifications. After 5 years, as a golden visa holder, you can apply for a permanent residency permit, but you will be required to have lived in Spain for a least 6 months each year. After ten years, you can apply for the Spanish citizenship.
Which Family Members Can Be Added in the Same Spain Golden Visa Application?
There is a lot to give in the fine-looking country of Spain, including interesting historical sites, spectacular mountain views, gorgeous beaches and sophisticated towns with its capital city being Madrid. The Spanish government is a constitutional Monarchy with a population of more than 47million people who speak Spanish, the national language. Spain covers a total area of 505,990 square kilometers which is adequate for more accommodations and investments. Spain's currency is Euro.
Benefits of a Spain Golden Visa
Spain Golden Visa Cost
- Real Estate Investment €500,000
- Family Application Fee €8,000
- Government Processing Fee €70
- Conveyance Fees 1.0% of the total property price
Spain Citizenship and Passport
Citizens of Spain enjoy huge benefits and enticing perks making the Spanish passport one of the most valuable in the world. The Spain passport is the 4th strongest passport on the planet. This is in terms of visa-free travel to up to 188 countries. To qualify for Spanish citizenship and a passport, applicants must spend at least six months annually in the country for a period of ten years.
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