Program Overview
Spain introduced its Golden Visa Program in 2013, as part of the Law on Entrepreneurs. This initiative offers non-European Union investors the opportunity to obtain Spanish residency by making significant financial investments. The program, managed by a dedicated unit within the government, aims to boost the Spanish economy by attracting foreign direct investment. It provides investors with the opportunity to enjoy the benefits of residency in a vibrant and culturally rich European country.
Program Details
Time To Residency
2-3 months
Visa Free Travel
All Schengen Countries
Passport Rank
3rd In the world
Minimum Investment
€500,000 EUR
Time To Citizenship
10 Years (2 years for qualifying individuals)
Residency Program Established in 2013
Country Overview
Spain is a beautiful country situated in Southwestern Europe, occupying the majority of the Iberian Peninsula. The country is celebrated for its diverse landscapes, from the sandy beaches of the Mediterranean and Atlantic coasts to the snow-capped peaks of the Pyrenees and Sierra Nevada.
Frequently referred to as the "Land of Passion," Spain is globally recognized for its rich cultural heritage, historical monuments like the Alhambra, and its contribution to art, epitomized by figures like Picasso and Gaudi.
Spain is a captivating country, known for its iconic architectural sites, lively festivals, traditional Spanish cuisine like paella and tapas, and warm hospitality. It offers a variety of attractions from the vibrant nightlife of Ibiza to the historic streets of Barcelona and Madrid.
Capital
Madrid
Population
47.4 million
Language
Spanish
Currency
Euro (EUR)
Exchange Rate
1 USD = 0.92 EUR
Government Type
Constitutional Monarchy and Parliamentary Democracy
Investment Options
1.Real Estate
Purchase of property valued at a minimum of €500,000 EUR per applicant.
2. Business Projects
Development of a business initiative that is identified as being of significant interest to Spain.
3. Government Bonds or Shares
A minimum investment of €2 million EUR in government bonds, or €1 million EUR in shares of an active company or bank deposits.
Visa Free Countries
27 Countries
Schengen Area
Greece
Hungary
Iceland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
Austria
Belgium
Croatia
Czech Republic
Denmark
Estonia
Finland
France
Germany
Netherlands
Norway
Poland
Portugal
Slovakia
Slovenia
Spain
Sweden
Switzerland
Organizations
Member of the European Union since 1986
Member of Organization for Economic Cooperation and Development since 1959
Member of North Atlantic Treaty Organization since 1982
Member of The World Bank since 1958
Member of the United Nations since 1955
Member of World Trade Organization since 1995
