Spain's Information
What you need to know about Spain
About Spain Residency
Spain is Considered one of the most desirable destinations in Europe, Spain boasts a high standard of living and excellent healthcare, making it one of the countries with the longest life expectancies in the world. Located in southwestern Europe, Spain enjoys a privileged position with easy access to the rest of Europe and North Africa. Geographically, it is bordered by France and Andorra to the northeast, Portugal to the west, and the Mediterranean Sea to the east, offering beautiful coastlines, vibrant cities, and a rich cultural heritage.
- Passport Rank 3
- Processing Time 3 months
- Investment Amount 50,000.00 USD
- Visa-Free/Access 189 countries
- Physical Stay 1 Month
Spain Residency Program: Your Gateway to Europe
Historically a global superpower, Spain once ruled a vast empire that stretched across the Americas, Africa, and Asia, leaving an indelible cultural and linguistic legacy. Today, Spain continues to play a significant role in global affairs as a member of the United Nations, the European Union, the OECD, and NATO. With one of the highest levels of English proficiency in Southern Europe and a society ranked highly for freedom, quality of life, and social stability, Spain offers an attractive environment for investors and families. The country is known for its diverse climate, stunning landscapes, robust economy, and growing investment opportunities. Spain’s Golden Visa program allows investors to obtain permanent residency with a clear pathway to citizenship, making it a top choice for those seeking a secure and dynamic lifestyle in Europe. Whether you’re looking for a second home in Europe, visa-free access to the Schengen Area, or a long-term residency that can lead to Spanish citizenship, Spain offers an inviting opportunity for investors seeking stability and prosperity.
Legal Basis
The Spanish government passed the Residence Visa Law 14/13/2013 on September 27, 2013, giving non-EU citizens the opportunity to obtain residency by investing in real estate in Spain. A residence permit is issued for a period of one year and can be renewed (for two years at a time) provided that the property remains the property of the applicant.
Benefits of Spain Residency
Benefits of obtaining Spanish residency
Why Choose Spain for Residency?
Spain, a vibrant and historically rich nation, offers one of the most sought-after residency programs in Europe—the Spain Golden Visa. Known for its high quality of life, excellent healthcare system, and world-renowned culture, Spain provides foreign investors with a unique opportunity to gain permanent residency in one of the European Union’s most desirable countries.
With its Golden Visa program, Spain offers investors and their families a clear pathway to permanent residency, access to the Schengen Area, and the potential to obtain full Spanish citizenship after a period of residency.
Key Benefits of the Spain Golden Visa Program:
- Visa-Free Travel: Get Access 184+ countries, including countries of the Schengen Area, the United Kingdom, the United States, Canada, Australia, New Zealand
- Residency for the Whole Family: Include your spouse, children, and dependents in your residency application, securing their future as well.
- Fast Processing: The Spain Golden Visa can be granted in as little as 2-3 months, making it one of the most efficient residency programs in Europe.
- No Residency Requirement: Unlike many other residency programs, Spain’s Golden Visa does not require you to live in Spain to maintain your residency status, offering great flexibility.
- Path to Citizenship: After 10 years of legal residency, Golden Visa holders can apply for full Spanish citizenship and enjoy the benefits of being a European Union citizen.
- Stable Economy: Spain offers a robust economy with strong real estate and business investment opportunities, particularly in its major cities like Madrid and Barcelona, and its popular coastal regions.
Residency Application Process
Step 1
World Gate will send a copy of your passport to the appropriate authorities to verify the data and obtain preliminary approval.
Step 2
A first payment of professional fees shall be paid to open your application, and World Gate consultants will provide assistance and advice regarding the collection of required documents. World Gate will assist you in translating documents into Portuguese and legalizing documents at the Portuguese Embassy.
Step 3
The application to obtain the initial approval will be submitted. The investor shall then visit Portugal to choose the property and open a bank account, in addition to meeting the immigration officer.
Step 4
A transfer the required funds to purchase the property shall be made to the bank account in Portugal.
Step 5
Once the purchase of the property is complete and registration is complete, documents shall be submitted for the residency application in Portugal, along with the residence fees paid to immigration services.
Step 6
Once the applicant receives residency in Portugal, he/she will receive the application for permanent residence in the European Union. It is then necessary to visit Portugal for one week per year for a period of 5 years to fulfill the residency requirements.
Investment options
Real Estate Investment
To qualify for Spain Residency under the Real Estate Option of the Golden Visa Program, an applicant must purchase authorized real estate with the minimum value of € 500,000
Note: *Please note that the above amounts do not include Application fees, Processing fees, Permanent Residency Card fees, Taxes fees and World Gate’s professional fees.