Understanding the Spanish Golden Visa

What is a Spanish Golden Visa?

The Spanish Golden Visa is not just an investor visa; it's a gateway for foreigners to potentially make substantial capital investments in Spain. Whether you're looking to invest in real estate, stock, contribute to a business project, or make financial investments designed to attract foreign investors, the Spanish Golden Visa offers a pathway to residency for those who are looking to secure residency in Spain.

Update: Spain set to abolish Spanish Golden Visa: Our team have looked into why and the next steps.

1. National visa application form
• Completed and signed by each applicant or their representative.
  
  
2. Recent passport-size photograph
• A recent, passport-size, coloured photograph with specific guidelines.
  
  
3. Valid, unexpired passport
• Original and photocopy of the passport with a minimum validity period of 1 year.
  
  
4. Documents accrediting the investment
• Depending on the type of investment, various original and copy documents, such as certificates and declarations, are required.
  
  
5. Financial means proof
• Original and copy of documents providing sufficient financial means, equivalent to 400% of Spain’s Public Multiple Effects Income Indicator (IPREM), plus 100% of the IPREM for each accompanying family member.
  
  
6. Criminal record check certificate
• Original and copy of the criminal record check certificate(s) issued by the country or countries of residence for the past 2 years, along with a responsible declaration of the absence of criminal records for the last five years.
  
  
7. Health insurance certificate
• Original and copy of the certificate accrediting public or private health insurance contracted with an authorised entity in Spain.
  
  
8. Proof of residence in the consular district
• Verification of legal residence in the consular district or attendance at classes in person within the consular district.
  
  
9. Proof of the representative’s identity and capacity
• If the application is submitted through a representative, a copy of the representative’s identity document or passport, along with the power of attorney or document accrediting representation.
  
  
10. Payment of the visa free
• Compulsory fee payment in the local currency when submitting the visa application.

1. Submitting the application in person, through a parent (in the case of a minor), or an accredited representative.
   
   
2. Visa application period is 1 year from the capital investment, with the exception of real estate investments made before 29 September 2013.
   
   
3. Proof of receipt is provided for tracking application status.
   
   
4. The legal decision period is 10 days from the submission date, with possible extensions for interviews or additional document requests.
   
   
5. The visa must be collected in person or by a representative within 1 month of the favourable decision

Buying a house in Spain can be an exciting and rewarding experience with careful planning and professional assistance. Embrace the unique charm and lifestyle Spain offers, and with the right guidance, you can turn your dream of owning a property in this beautiful country into a reality.

Remember to stay informed, seek expert advice, and immerse yourself in the local culture to make the most of your Spanish property ownership. Happy house hunting.