SPAIN GOLDEN VISA - RESIDENCE PERMIT BY INVESTMENT IN 2020
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Spain Golden Visa Programme - Background
On 27th September 2013, the Spanish Government passed a law to encourage High Net Worth Individuals, who are non-EU nationals to invest in Spain for Residency purposes, Law 14/2013 to support Entrepreneurs and globalization. The new law allows for High Net Worth Immigration to Spain for Investors who purchase a property, with an investment of €500,000 Euros or more to apply for a Residency visa.
The Spain Residency Permit grants the right to reside and work in Spain, as well as visa-free travel in Europe (Schengen Area). Contact VisaConnect's specialist Consultants, together with our partner Spanish Lawyers, in 2020, for advice and assistance with your Spain Golden Residence Visa to obtain a Residency Permit in Spain!
Requirements for Spain Golden Visa - Property Purchase
The following are the eligibility requirements for the Spain Golden Visa through purchase of Spanish Property (Real Estate):
Acquisition of a Property
– Purchase of a Property (Real Estate) with a minimum value of €500,000 Euros. The purchase must be realized in full, and free of any charge or encumbrances. Payment of €500,000 Euros must be made without using a bank loan or mortgage, any amount surpassing €500,000 Euros may be financed.
The acquisition of the Property can be made by an Individual or through a Legal Entity that is 100% owned by an Individual.
Property Purchase - COsts and Tax
The Individual Investor must pay the standard Spanish property purchase costs, which include:
- Property Tax
- Stamp duty
- Notary Public fees
- Spanish lawyers’ fees
Contact our Consultants for free information and advice about the Spain Golden Visa Programme for a Spanish Residence Permit! Our Consultants will respond to your message within 24 hours.
Spain Golden Visa - Residency Permit Programme
For more information about Spain Golden Residence Permit eligibility and requirements, see our web page below: