Spanish Property Insight


Spanish Property Insight

Spanish Property Market Analysts

Golden Visa Spain: This guide has been written to help you understand the Spanish ‘Golden Visa’ scheme of residency by investment offering a long-term path to Spanish citizenship. It explains the criteria for applying for a Golden Visa in Spain, how the process works, and answers the most frequent questions related to the Spanish Golden Visa Scheme.

Update: In 2024 real estate has been removed from the Spanish Golden Visa scheme. You can no longer get this visa by investing in Spanish property.

Spanish Golden Visa investor requirements

To take advantage of this law and get the ‘Golden Visa’ Residence Permit in Spain you must meet the following conditions:

  • Have your paperwork in order and officially approved if you are in Spain at the time of application
  • Be over 18 years of age
  • Have no criminal record in Spain or in the countries where they have resided for the past five years, for criminal offences defined in the relevant Spanish legislation
  • Not be subject to an alert issued for the purposes of refusing entry in the territorial space of countries with which Spain has signed an agreement in this regard
  • Have a health insurance policy with an insurance company authorised to operate in Spain (find a health insurance provider in Spain to help you comply with this requirement)
  • Have sufficient financial resources for themselves and for the members of their families during their residence in Spain
  • Have paid the visa processing fee

The investment can also be made through a company, so long as the company is not based in a tax haven, and you can demonstrate a controlling stake in it (direct or indirect control over the voting rights and the power to name and remove the majority of board members).

One application can cover residency permits for your immediate family members, that is a spouse or person with an equivalent relationship, children who are minors, or those of legal age who, being financially dependent on the holder, have not yet flown the nest.

The Golden Visa law published in the official gazette (in Spanish)

Investment alternatives

You must make one of the following investments out of your own funds / cash / equity:

  • €500,000 on Spanish real estate
  • €2 million on Spanish Treasury bonds
  • €1 million on Spanish company shares
  • €1 million in investment funds constituted
  • €1 million in bank deposits in Spanish financial institutions
  • A ‘major’ business investment which fulfils at least one of the following conditions: i) Meaningful job creation, ii) significant socioeconomic impact in the area where the investment takes place, iii) technological or scientific impact