Golden Visa or Spanish Visa, the best way to obtain your residence in SpainNovember 13th 2020 | by José Naranjo
Spanish Visa, popularly known “Golden Visa”
The Golden Visa or Spanish Visa is a visa for third-country nationals who are:
- Highly qualified professionals.
- Workers who carry out commercial operations between companies.
Spouses and children under the age of 18 are included.
Your residence permit in Spain without bureaucratic issues
This law helps the speed of processing, generally establishing a resolution within 10 days for all visa applications relevant to this law.
The Residence Visa issued under this law is sufficient to live in Spain. No need to obtain a foreign identity document during the first year.
Who can benefit from the Golden Visa?
It can be requested by investors who make an investment in:
- Properties located in Spain for at least € 500,000.
- Shares in Spanish companies or bank deposits for € 1,000,000.
- State bonds for € 2,000,000.
Golden Visa in the real estate sector
Let’s focus now on the real estate sector. Goreigners who certify the acquisition of a property in Spain with an investment value equal to or greater than € 500,000 can apply for this visa.
In addition to the general requirements (passport, medical insurance, criminal record certificate, proof of financial solvency) the applicant must prove the acquisition of the property. It will do so by certification of the Property Registry that corresponds to the property.
You just need to find your dream property, and then the Golden Visa process is simple, fast and easy. Nevado Realty helps you with the first part, and the Lex Bureau Abogados firm helps you with the Golden Visa.
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