Spain is one of the best and well-developed countries. It has a vibrant culture and one of the best destinations for vacation as well as for living. It is one of largest European countries. Spain has 100 islands. It directly shares the national borders with Andorra, France, Gibraltar, Morocco, and Portugal.
The Spanish economy mainly relies on agriculture, art, theatres, technology, and tourism. The country’s economy is significant in Europe. Every profession and industry is booming and contributing to the Spanish economy. The country is not only known for tourism but is a popular business destination as well. Investors and businessmen can successfully expand their business in Spain. The country is renowned for its rich culture, history, and traditional values.
Spain offers its citizens to enjoy glistening beaches, mountainous landscapes, and historical sites. The Spain Citizenship by Investment allows one to benefit from an excellent quality of life. It is called the best country for expats and one of the healthiest countries worldwide. The Spanish city Barcelona was titled as Europe’s best city for families.
Get in touch with DM to learn about Spain Citizenship by Investment program.
The Spain Residency by Investment program is called the Spain Golden Visa program. In 2013, the program was launched to boost the country’s economy. The Spain Golden Visa allows investors to get residency with their families by investing €500,000 into real estate. The investors can also rent out the property and get income. The candidates get the residency permit for two years which can be renewed after five years.
Those who are successful in qualifying for the Spain Golden Visa can enjoy free access across Europe’s Schengen Area. The Spain Golden Visa citizenship offers numerous benefits to the investors. Spain is the member of European Union. The Spanish territory comes under the Schengen Area. Those who apply for Spain citizenship and acquire it can travel throughout the Schengen Area in Europe.
The Spain Golden Visa supports the applicants as well as their families, who are the approved dependents. They can also enjoy visa-free travel across the Schengen area. There is no requirement to reside in the country for the Golden Visa holders. The Golden Visa holders can be eligible for permanent residency after spending 5 years in Spain. To qualify and apply for citizenship. The Golden Visa holders should spend at least 6 months every year in Spain.
In 2013, The Spanish parliament passed a bill suggesting that all foreigners not a part of the EU countries can temporarily acquire residency by investment in real estate worth minimum €500,000.
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Any applicant who has invested at least EUR 500,000/- in real estate can apply for the Spain golden visa citizenship program. The investor’s business should generate jobs and contribute to the country’s social, economic, scientific, and technological development.
Get Spain’s passport through investment and enjoy a lifelong experience of studying, earning, and living in such a great country. You will also get a chance to roam freely around the 26 other Schengen countries without any hecticness of getting a visa or approval first.
Spain’s golden visa offers a different option for adding your spouse, an unmarried partner, and elderly parents as dependents to your application. Children under 18 and children who are not minors but are dependent due to health or mental conditions also qualify for the visa.
After attaining eligibility to apply for Spain Citizenship by Investment through various investment schemes and completing all the formalities, the Government of Spain generally issues an initial residence permit in less than 30 days. The initial investment residence permit duration is for a year or two, but the same is extendable up to 5 years on request.
The key benefit of Spain citizenship by investment, worth investing EUR 500,000/- is that you can enjoy your life with your family in beautiful Spain. You will also be allowed to access all the European countries and the visa-free or visa-on-arrival to all the countries in Europe’s Schengen Area.
Spain imposes no tax on income generated outside of the country. Tax is charged to non-residents doing employment in Spain or getting a pension from Spain at the rate of 24%, so profits generated from renting out a property, claiming dividends, or investing in banks are taxed at 19%.
Applicants have to invest a minimum amount of €500,000 in real estate. They can either buy a property of this much value or purchase more than one property whose combined value is €500,000.
Investors or businessmen can establish their business in Spain, the applicant can establish a business in Spain and contribute to the country’s economy.
You can also purchase bonds and invest in Spanish government, and the minimum value needed for investing in government bonds €2,000,000.
Another investment option in depositing in a bank and investing in shares. The minimum deposit amount should be at least €1,000,000.
You can apply for Spain residency by investment from Dubai with the help of DM. We have a team of expert professionals who can guide you throughout the process of application till approval of the Spanish Golden Visa.
Here is the list of documents required to apply for Spain citizenship. These documents have to be submitted by each of the applicants, including children:
You can apply for Spain residency by investment from UAE. The skilled and professional investment consultants from Dubai would make the process of document collection as simple and easy as possible. When required, we can get the documents for the client without their involvement.
They would take care and fulfill all the requirements of the Spanish Golden Visa. They would take care of all the aspects of the application process and ensure timely submission.
You can start applying for citizenship through DM consultants, as the government of Spain is stringent in managing and checking the applications, and the data filled therein are verified thoroughly in each case. Any document of information found false or ambiguous will result in declining the application, ultimately costing the applicant. Hence, applying through an experienced consultant will be beneficial for the candidate to avoid unnecessary delays and disturbances.
Candidates can apply for a permanent residence card in Spain while staying in their homeland. A successful grant of such a visa will allow them to remain in Spain for one year. After staying for one year, candidates can apply for residence permit cards, or candidates staying in Spain on a tourist visa can directly apply for a Spanish residence permit which will ultimately overlook the first condition.
Every application, once submitted, goes through the most arduous diligence check, in which all the information provided and all the documents attached are verified to an extreme extent. Therefore, it is essential that before applying, the application must also be reviewed twice or even thrice to save yourself from complications that may cause problems in the approval of your case.
To acquire a Spanish Golden Visa, the applicants are required to invest in minimum €500,000 in real estate. They can also rent out the property to generate income.
To apply for Spanish Golden Visa, the candidate can select any of the following investment options:
Moreover, the applicant must:
You can apply for a Golden Visa, including residency if you purchase a residential property worth €500,000 and meet other criteria. There are some other ways of investment to get residency and citizenship in Spain:
There are no particular benefits for investors over residence permit holders In terms of Spanish citizenship application or permanent residence.
An investor can become a Spanish citizen by naturalization:
Other resident permit holders have to reside in Spain for at least 183 days every year. For permanent residency, the stay has is longer. However, an investor can learn Spanish as well as the culture and history. They can look for jobs, set up businesses, study, and do other activities in Spain.
Some business practices have certain restrictions where a license is required, like medicine. Investors need to visit Spain at the time of card renewal. They can also choose the residence site as an investor.
