Spanish Golden Visa or Investor Visa
The Spanish Golden Visa, or as it is also called the Investor Visa, has become very popular among foreigners who wish to live and invest in this beautiful country. This visa allows foreigners and their families to obtain legal residency status in Spain if they invest a certain amount of money in the Spanish economy.
To become a Gold Visa holder, you need to purchase real estate worth more than €500,000 or make a deposit in one of the Spanish banks, purchase securities of Spanish companies worth more than €1,000,000, or open a business that will create new jobs or significantly affect the economy or social life of the region.
Benefits and obtaining process
Significant advantages of using the opportunity to obtain a Golden Visa in Spain include the following:
- Legal resident status. A golden visa gives you the right to live and work in Spain and move freely throughout the Schengen area.
- Convenience for the whole family. One of the main advantages is that the main applicant can include family members (spouse, children under 18, or adult children who are financially dependent on their parent) in their Golden Visa, which makes this process even more attractive for families.
- Opportunity to work and do business. A golden visa allows you to invest and develop a business in Spain, which can lead to new opportunities for profit.
- European education and medicine. Gold Visa holders have access to high-quality education and medical care in Spain and other Schengen countries.
- No need to reside in Spain permanently.
The process of obtaining a Golden Visa in Spain does not look complicated, but it requires careful study and legal support in Spain.
The general algorithm is as follows:
1. Identification of the investment object. The first step is to identify the investment object. This can be the purchase of real estate worth more than €500,000, an investment in Spanish government bonds worth at least €2,000,000, an investment in a Spanish company or a deposit in a bank worth at least €1,000,000, the creation of a new business that creates jobs, etc.
2. Preparation of documents. After choosing an investment object, you need to prepare all the necessary documents, including financial statements, passport data, proof of investment, etc.
3. Submission of the application. If the candidate is outside of Spain, he/she must contact the Spanish consular office in his/her home country and apply for a Golden Visa. If the candidate is legally residing in Spain, he/she should apply to the Unidad de Grandes Empresas y Colectivos Estratégicos (UGE-CE). Unidad de Grandes Empresas y Colectivos Estratégicos (UGE-CE).
4. Visa application. Depending on the type of investment, the process of obtaining a Gold Visa can take from several months to a year. Additional documents and explanations may be required at this stage.
5. Obtaining a visa and residency status. After the application is approved, the person receives a Gold Visa.
The golden visa (investor visa) in Spain is a great opportunity for foreigners who want to get certain opportunities in this wonderful country and also have access to the numerous advantages of living in Europe.
In addition to being ready to invest, you need to be prepared for some bureaucratic aspects in the process of obtaining this visa. However, the professional support of a provider company in Spain, such as UCBI, will help save time and nerves for each applicant.
