THE GOLDEN VISA

Your Gateway to Living in Marbella

The Golden Visa is a special residency permit designed for non-EU nationals. It offers you and your dependent family members easy access to the EU and the ability to live there, enriching your mobility and quality of life. It represents a prime opportunity for non-EU citizens desiring simplified access to Spain and the broader European Union without the extensive requirements of traditional residency paths.

Types of Residence Permits Granted

Benefits of the Golden Visa

Travel Freedom: Enjoy visa-free travel within the Schengen Area, staying up to 90 days within any 180-day period.
Residency: You don’t need to live in Spain to maintain the visa, but residing there can lead to permanent residency after five years and eligibility for Spanish citizenship after ten years.
Access to Services: Avail of Spain’s healthcare and education systems, renowned for their quality and accessibility.

How to Obtain a Golden Visa

To qualify, you must invest a minimum of €500,000 in Spanish real estate, which can be distributed across multiple properties. Alternative investments include a minimum of €2 million in Spanish public debt.

Requirements for the Golden Visa:

Age and Investment: Applicants must be over 18 and have made the requisite investment.
Health Insurance: Secure health insurance from a Spanish provider.
Legal and Financial Checks: No history of Schengen visa rejections, a clean criminal record, and proof of sufficient funds are mandatory.

Necessary Documentation

Application

Start with the Spanish long visa application form.

Investment Proof

For real estate investments, include certification from the Land Registry showing dominion and taxes.

Health Documentation

Present a medical insurance certificate and a health certificate

Financial Evidence

Demonstrate financial stability with funds significantly exceeding Spain’s IPREM threshold, which would be about €56,000 for an individual or €28,000 per family member for two years.

Application Process

Submission

After choosing your investment, submit the application.

Biometrics in Spain

Travel to Spain to complete biometric registration, which typically takes about two months.

Approval

The review and approval process usually concludes within 20 days after biometrics.

Additional Costs

Let’s accurately calculate the total cost of investing €500,000 in property with additional fees and legal costs included:

Base Investment: €500,000
Additional Fees (approximately 10% of the property value): – 10% of €500,000 = €50,000
Legal Fees: – €3,500 plus 21% VAT = €3,500 + (€3,500 * 0.21) = €3,500 + €735 = €4,235

Now, let’s add all these figures together to find the total investment:

€500,000 (base investment)
€50,000 (additional costs at 10%)
€4,235 (legal fees with VAT)
Total Estimated Investment: €554,235

Thus, the overall investment, accounting for property purchase, additional fees, and legal assistance, is estimated to be around €554,235.

This Golden Visa offers a strategic investment in Spain’s vibrant lifestyle and a straightforward path to European residence, making it a compelling option for those looking to enrich their lives and mobility.