Spanien

About Spain Citizenship and Residency

Spanien offers only residency by investment, the Spain Residency by Investment Program is ranked an incredible 5th out of 24 programs on the Global Residence Programs Index.

Investment options available to acquire the citizenship and passport of Spain. 

Under the Residence by Investment program, individuals and their immediate family members can become residents of Spain (through a temporary residence permit) within less than a month. he Law offers the opportunity for non-EU citizens to obtain a Residence Permit by investing in Real Estate in Spain for a minimum value of EUR 500,000. A residence permit for 1 year is issued and can be renewed (for 2 years each time), provided that the real estate property is still owned by the applicant. Subject to general immigration rules and requirements, residents by investment can acquire permanent residence status after five years of continuous residence in Spain, and gain Spanish citizenship thereafter.

The Spanish Residency by Investment Program was launched in 2013. Investors do not need to take language and cultural exams. They are not required to spend time in Spain, and the laws allow investment property to be rented out. Investments under the program can be returned. To do this, you need to live in Spain for five years and obtain permanent residence status. After another five years of living in the country, you can apply for citizenship, but on the condition that you give up the first one. The minimum investment amount is EUR 500,000, investors may choose one of the options:

• Real Estate Investment

Acquisition of real estate with a minimum value of EUR 500,000 should be done under this option.

An investor buys residential or commercial property in Spain. If they include family members in the application, the investment amount will not increase.

A property can be owned by the investor or the company, where the investor is a controlling shareholder and owns most of the shares. If the applicant buys commercial premises on behalf of the company, they can get a tax deduction and return the paid VAT of 21%.

The investor can purchase one or several properties for a total value of €500,000. The law does not have the rule to invest the entire amount in one property. The investor can rent out the real estate and sell it after obtaining permanent residence.

Notary fee: EUR 600 to 1000

Registration fee: EUR 400 to 650

Taxes: New buildings:  7 to 12% of transaction amount

Secondary housing: 6 to 10% of the cadastral value

Commercial properties: Up to 25%

• Shares or Business

– Investment of around EUR 1,000,000 in shares of Spanish companies can also be done.

– A statement of the investment from the Spanish Registrar of Investments of the Ministry of Economy and Competitiveness will be needed.

• Government Bonds 

– Investment of around EUR 2,000,000 into government bonds is another option.

– A certificate from the Bank of Spain or another financial institution, stating you are the sole owner of the investment for a period of at least five years would be required.

• Bank Deposit

– Funds transfer of EUR 1 million into a Spanish Bank Account can also be done.

– A certificate from the financial institution naming you as the sole owner of the bank deposit will be required.

Spanish Citizenship

Residents may apply for citizenship only in their 10th year of residence in Spain. There is no way to obtain Spanish Citizenship direct by investment. An investor can become a Spanish citizen by naturalization, get a residence permit in Spain by investment, move to the country, and get permanent residence in a few years, only then you can apply for citizenship.

Prospective Spanish citizens should comply with the following:

• Before they apply for Spanish citizenship, they should live in Spain for the last 5 years as permanent residents.
• They should provide documents proving they have been staying in the country legally.
• They are expected to speak Spanish fluently.
• They are also expected to know Spanish traditions, customs, and the way of life.
• They should not be indebted to tax authorities or any other regulatory body.
• They are expected to have a perfect reputation, they should have no convictions or violations of immigration laws on their record.
• They should renounce the citizenship of their home country.

Benefits Of Spain Residency By Investment Program

• Fast processing time – EU residency in 60 days from application submission
• Member of the EU – Enjoy EU freedoms to live, work, study, or travel anywhere in the EU
• Visa-free travel – Visa-free travel within the Schengen Zone for 90 days within any six months
• The entire family is eligible – Spouses and partners, children, unwed and dependent adult children of any age, and investors and their spouse’s parents
• No mandatory stay is required – With golden visa unless applying for permanent residency or citizenship
• Easy renewal process – Temporary residence permit can be renewed without living in the country
• Right to work – The Spanish Residency allows all holders to work in Spain
• Easy process – No language or history tests
• No donation required – Investment only program with a range of investment options
• High-quality yet affordable lifestyle – Low cost of living for a high standard of goods and services
• Access to the property market – Obtain the right to buy and invest in property throughout the EU
• Insurance policy – With family security guaranteed-a plan B for economic and political stability
• Health and Education – You and your family will be able to study in schools or universities in Spain and have access to a world-class health care system and services
• Guaranteed by Law – The program is based on the law and is guaranteed by the government since 2013

Spain Residency Requirements And Qualifications

The requirements and qualifications required to obtain Spain residency or citizenship are the following:

Hovedansøgerkrav

• Above 18 years of age
• Not be in Spain with irregular immigration status.
• Godt helbred
• Public insurance or private health insurance arranged with an insurer authorized to operate in Spain.
• Lack of criminal record in Spain and in the countries where you have resided in the last 5 years, for crimes foreseen in the Spanish legal system.
• Bestå due diligence-tjek
• Bekræftede investeringskilder
• Certificate from the financial institution or the Bank of Spain (Central Bank) stating that you are the sole holder of the investment for a period of 5 years or more.
• Sufficient financial resources for yourself and your family members during your period of residence in Spain (monthly income of €2,130, and additional €533 per dependent).
• Applicants must confirm their financial solvency. They transfer to a Spanish bank account the sum that exceeds the annual minimum wage at least four times. In 2022, the minimum wage in Spain is €6,778.8 per year. Thus, an investor must transfer at least €27,000. Approximately €7,000 must be added for each dependent.
• In the event that the investment is made by a legal entity, you must provide evidence that you own the majority of the rights over the company, and it is not domiciled in a tax haven according to Spanish legislation.
• Spain only recognizes dual citizenship for nationals who have acquired Spanish nationality at birth. Naturalized citizens must renounce their previous nationality, except those from countries with which Spain has concluded a double-nationality agreement.

Eligible Dependents

• Spouse of the main applicant
• Children (biological or adopted) under 18 years of age

Trin og tidslinje

• STEP #1: Preparing documents
• STEP #2: Submission of the residency application
• STEP #3: Processing of the application
• STEP #4: Receiving residency application
• STEP #5: Receiving Spanish Residence Card

In the Documents collection stage and experienced immigration advisers will be checking all documents for compliance to ensure all requirements are met, including proof of investment documentation. The complete application for a residence permit along with all supporting documents confirming your investments will be then submitted to the Spanish government’s Ministry of Economy. 

Each application is vetted by the government through a thorough due diligence check, during which time submitted information is examined and verified.

Once the application is reviewed and approval is granted, you will be issued with a residence permit the government will issue a letter advising you of their decision.

Within a month after your biometrics have been submitted to one of the police stations in Spain, you will receive your residence card which is valid for 2 years and can be renewed every 5 years. Investors are eligible to attain permanent residency in 5 years, on the condition that they have resided in Spain for more than 4 years and 2 months during those 5 years. Citizenship can be applied for after 10 years if required. The residence card has to be collected personally, as a fingerprint check is undertaken during the collection.

Vores tjenester

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Privacy World can also help you with incorporating your company in Spain, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.

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