RK Global Fortune Consulting offers unparalleled expertise in residency and citizenship by investment programs and works in collaboration with an international network of immigration practitioners spanning the globe
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SPAIN GOLDEN VISA PROGRAM
Spain, for many favorite touristic destinations – is much more than that. It is a strategically positioned country with its unique vibe, pleasant climate, quality standard of living, and rich history. Its competitive economy provides a sustainable investment climate and access to the global market, positioning Spain among the most important economic hubs of Europe. And Spain Golden Visa program among most desired Residency by Investment Programs worldwide.
Spain has been chosen by investors and their families for its rising touristic industry, rapid developments, structured presence of multinational companies offering quality job opportunities and impacting the business-friendly environment, quality infrastructure…and many other reasons. Spain also aims to become one of the most significant key players in the research and development sector in the world.
Belonging among the most competitive countries, Spain represents a top economy in the EU, and foreign investors can benefit from full access to the larger European consumer market. Investors can access various aid programs applicable in the EU and benefit from the country’s strategic geographical position.
The tourism industry is significantly developed in Spain, and it is one of the top financial sectors.
Spain represents a gateway to other markets because it is an EU member state.
Besides the EU market, the country’s geographical position opens to connecting with other essential business markets, such as North Africa, Latin America, or the Middle East.
Another vital asset of the business market in Spain is that the local authorities are actively involved in attracting foreign investors.
WHY SPAIN ?
PROGRAM OVERVIEW
PROGRAM GUARANTEES:
ABOUT THE GOLDEN VISA PROGRAM
To enhance foreign direct investment in the country, Spain launched Golden Visa Program in 2013. The Golden Visa Program is a residency visa issued to non-EU citizens who contribute to the Spanish economy through investment.
Ranked in 5th place among 24 Residency by Investment Programs (RBI) globally, Spain’s Golden Visa Program is an excellent fit for foreign investors and internationals aiming to ensure a second residency for themselves and their families based on the investment. Once the Golden Visa (residence) is granted, investors will enjoy a set of ultimate benefits. Most importantly, freedom of movement with visa-free access to 185+ countries, including the Schengen area.
BENEFITS OF THE GOLDEN VISA PROGRAM
Spain has already been chosen as the second home to many investors, high-net-worth individuals, and their families due to the perfect blend of the highest quality of life and economic standards.
Here are the main facts that made them choose Spain Golden Visa Program:
INVESTMENT REQUIREMENT
What is the minimum investment amount required?
The minimum investment required is: 500.000EUR
What are approved investment options available?
The principal applicant can choose between the following investment options:
The principal applicant is required to choose just one of those mentioned above (offered) investment options.
Is there any additional contribution or donation required?
Compared to other global RBI programs, Spain Golden Visa Program does not require contribution or donation.
WHO IS QUALIFIED AS DEPENDENT ON THE APPLICATION?
To apply for Spain Golden Visa Program, the principal applicant must:
WHO IS QUALIFIED AS DEPENDENT ON THE APPLICATION?
One of the most significant benefits of this Golden Visa Program includes family members.
The family members the principal applicant can include are:
PROCEDURES AND TIMEFRAMES
The application process for the principal applicant consists of:
The principal applicant applies for a Spain residence permit upon arrival in Spain.
(*There are certain situations where applicants can skip the 1 phase.)
The principal applicant must visit Spain once during Spain’s residence permit application.
Dependents (Family members) must apply on their own for their visas. They must collect and submit documentation that proves their family relation (e.g., Birth certificate; Marriage certificate, or similar).
This program does not implicate the ‘’minimum stay rule’’ to the principal applicant and his dependents.
APPLICATION ADMINISTRATION & TIMELINE:
Application for the visa and permit requires administrative preparation and can be divided into several phases:
VALIDITY OF VISA AND RESIDENCY PERMIT
Visa is valid for one year. In the timeframe of 1 year, the principal applicant must visit Spain once and apply to convert the issued visa into a Spanish residency permit.
The issued residency permit is valid for two years with the possibility of extension for five years.
The main requirement for extension is that the principal applicant maintains the minimum investment required in Spain.
APPROVAL TIME-FRAME
The application review and approval process lasts up to 30 days.
This means that the principal applicant can become a permanent resident of Spain in less than a month.
ROAD TO SPANISH CITIZENSHIP
One of the Golden Visa Program’s main benefits is the secure pathway to Spanish citizenship if the visa is extended and investment kept. Additional criteria are that the principal applicant must live in Spain for at least ten consecutive years.
Enquiry
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