The in Spain is a residency program designed to attract non-EU nationals through substantial investments, primarily in the real estate market, business ventures, or government bonds. Launched in 2013, this program enables investors and their families to obtain residency permits in exchange for a minimum investment of €500,000 in Spanish real estate or other eligible forms of investment.

One of the key advantages of the Golden Visa is the ability to reside and work in Spain, with the added benefit of traveling freely within the Schengen Area. Additionally, there is no requirement to reside in Spain, other than visiting once a year, which is attractive for those not planning to immediately relocate.

Choosing to live in Spain offers numerous benefits over other countries. Spain boasts a high quality of life, with a robust healthcare system, internationally acclaimed education institutions, and a relatively low cost of living compared to its European counterparts. The country’s rich cultural heritage, world-renowned cuisine, and vibrant social life provide a fulfilling lifestyle. Moreover, Spain’s Mediterranean climate offers mild winters and sun-drenched summers, making it a preferred destination for those seeking a pleasant year-round living environment. These elements make Spain an appealing choice for investors seeking both personal and financial benefits.

To obtain a Golden Visa in Spain, applicants must meet several requirements. The program primarily targets non-EU nationals who make a significant financial investment in the country. The most common pathway is through real estate investment, where the applicant must purchase property or properties with a minimum value of €500,000. This investment must be free of liens or mortgages.

Alternatively, applicants can qualify by investing in Spanish public debt with a minimum value of €2 million, or by making a bank deposit or acquiring shares in a Spanish company with a minimum value of €1 million. Another option is to invest in a business project in Spain deemed to be of general interest, which includes job creation, socioeconomic impact, or technological and scientific innovation.

In addition to the financial requirements, applicants must possess a valid passport, have no criminal record in Spain or their country of origin, and obtain private health insurance. They must also prove they have sufficient financial resources to support themselves and their dependents during their stay in Spain. Finally, they must provide documentation to demonstrate the source of the investment funds is legitimate. Once these criteria are met, the Golden Visa grants residency in Spain, including the ability to live and work, and allows free travel within the Schengen Zone.