There are several different routes to Spanish residency and citizenship for foreign nationals.
One of the most popular with foreign investors who have at least €500,000 of equity to invest is the so-called ‘Spanish Golden Visa’ scheme.
The Spanish ‘Golden Visa’ Scheme
In 2013 Spain introduced a law offering residency permits to non-EU nationals in return for an investment of €500,000 or more in Spanish property. This became popularly known as the Spanish ‘Golden Visa‘ scheme.
The objective of the law is to attract entrepreneurs to Spain, and stimulate foreign investment in Spanish real estate, public debt, and job creation.
This law enables non-EU nationals to get qualified residency permits in return for investing in Spanish real estate (and other assets), leading to long-term residency in Spain if certain conditions are fulfilled.
Spanish residency, and the ability to travel freely in the European Schengen area (for 90 out of every 180 days), will be a major attraction for many non-EU investors.
Other forms of Spanish residency
A guide to other forms of Spanish residency and paths to citizenship is currently in production.