Applying for a golden visa in Spain

A few years ago, Spain joined the Golden Visa program. The essence of the program is that it allows you to obtain a residence permit in the EU countries through investment in the country.

Golden visa conditions:

• It is necessary to purchase one or more real estate objects in the amount of at least 500 thousand euros;
• Invest in government bonds from 2,000,000 euros;
• Make a contribution of 1,000,000 euros.

It is necessary to take into account additional conditions for obtaining a visa:

1. Age at least 18 years old.
2. Staying in Spain solely on legal grounds (here the purpose does not matter, whether it is a tourist trip or a business trip).
3. Having health insurance
4. Disposing of the amount that is enough to live in Spain (its amount is not specified).

If a resident has visa violations, it will be very difficult to get a Golden Visa.

Since 2015, there have been changes in the conditions for granting a visa. Now the adult children of the main applicant are eligible to apply for it. Also, the parents of the main applicant, who are supported by him, receive a residence permit.

Golden visa in Spain

The Golden Visa process is as follows:

1. Collection of documents.
2. If the applicant is not currently in Spain, then first apply for an investment visa.
3. Submission of documents to the Consulate General of Spain located in Moscow.

If the applicant is in Spain at the time of submission of documents, it is better to seek help from Alicante Real Estate specialists. They will not only help you collect the necessary documents, but will also accompany you throughout the entire procedure for obtaining a visa.

You need to consider the following nuances:

• The Golden Visa does not entitle you to work in Spain or in another EU country. This requires a work visa;
• The residence on the basis of which the visa is intended to be obtained must not be purchased with a mortgage. It is supposed to buy a home with your own funds.

The procedure for obtaining a visa should be entrusted to Alicante Real Estate lawyers so that the process goes quickly and comfortably.