The Law 14/2013 of 27 September allows non-European entrepreneurs to reside legally in Spain as long as they meet certain requirements.
This visa is valid for working and residing throughout Spanish territory.
Those foreigners who can prove any of the following situations can apply for the Golden Visa in Spain if:
- Have acquired one or more real estate assets for an amount equal to or greater than €500,000.
- Have a business project being developed in Spain that is of general interest (job creation, social-economic impact, innovation).
- Have made investments in shares or equity equal to or greater than €1,000,000.
- Have invested in investment funds or Venture Capital funds registered in Spain for an amount equal to or greater than €1,000,000.
- Have a bank deposit in which an amount equal to or greater than €1,000,000 is recorded. A certificate issued by the bank must be provided stating that you are the sole account holder.
- Have made an investment in public debt for an amount equal to or greater than €2,000,000. A certificate issued by the bank certifying this must be provided.
The investor and his/her family may be beneficiaries of the Golden Visa. This includes the spouse or similar, children under 18 years of age or over 18 years of age, but economically dependent, and dependent ascendants.
The residence visa is valid for two years. It may be renewed as long as the requirements for which it was granted continue to be met. Renewals are for periods of 5 years.
Documents that must be submitted?
- Visa application form.
- Passport of the applicant.
- Criminal record certificate.
- Proof of enough financial resources to stay in Spain.
- Documents of the investment.
- Policy with a Spanish insurance company.
- Tax contributions in Spain
