Just short of the 500 k for the Golden Visa – is there a way to still get one?

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This topic contains 1 reply, has 2 voices, and was last updated by  Mark Stücklin 11 months, 3 weeks ago.

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  • December 25, 2017 at 12:37 pm #219092

    bc1050
    Participant

    Hi,

    I just bought a place in Spain for 485,000 and am interested to know if there is a way to somehow still get the golden visa ? I plan to invest a considerable sum in renovating the property also

    Thanks in advance for any advice

  • December 27, 2017 at 5:47 pm #219094

    Mark Stücklin
    Keymaster

    The figure that counts for a Golden Visa is the total value of investment in property registered on deeds of purchase inscribed in the Land Registry (el Registro in Spanish). You’ll need to check with a lawyer specialising in Golden Visa applications, but I don’t think money spent on renovations will count. However, if you buy another property like a parking space for €15,000 that will count to your investment and take you to the €500,000 level that entitles you to apply for a Spanish Golden Visa.

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