Spain has introduced a new law that offers residency permits to non-EU citizens in return of a €500,000 investment or more in Spanish property
This law enables non-EU nationals to get qualified residency permits in return for investing in Spanish real estate
Spanish residency and visa-free travel in Europe for non-EU nationals:
STEP 1 - Residency visa for investors - year 1
Get an ordinary touristic visa and come to Spain to visit properties. Before your trip, our agency has already sent you information about property opportunities where you have selected at least 25. We organize your viewtrip in agreement with your availability
We personally assist you during property visits and negotiate on your behalf the chosen one
Our Notary office verifies all property details and it's posible to sign the oficial title deed through the attorney lawyer
Once you have bought one property (or more) that meets the investment criteria (more than €500,000 on the deeds), you apply for a one-year investor visa from the Spanish consulate in your country, which allows you to spend a year in Spain, and travel freely in the Schengen area.
Once you have obtained this visa, you are not obliged to spend a minimum amount of time in Spain during the year. However, to get the residency permit at the end of the year, you do have to visit Spain at least once in the year. With this visa, you are not allowed to work in Spain but you can create a company. The second year, with the Residency permit, you can work in Spain.
You can rent your property/ies and manage all the rentals.
STEP 2 - Residency permit for investors - years 2 to 5
After the first year, investors apply for the residency permit (two years, renewable for another two years), as long as the property investment of €500,000 is maintained. At this point you are allowed to work in Spain.
For this application, you have to show that you have travelled to Spain at least once in the previous 12 months.
Properties can be bought and sold during this period, so long as the investment of 500 000 euros is maintained.
There is no obligation to spend a minimum amount of time in Spain, so investors can remain tax residents outside of Spain.
(less than 183 days/year)
STEP 3 - Long-term residence or Spanish nationality
After five years of continuous residence, investors can apply for permanent residence in Spain.
Likewise, after ten years of residence, Spanish nationality can be requested.
Property Investment
The investment in real estate is at least €500,000 per investor in one or several properties.
To apply for residency, proof of the investment(s) must be provided with a Property Registry filing (certificate).
If this certificate is not yet available, then the notarised deeds and proof that the deeds have been submitted to the Property Registry must be provided.
The investment can be :
· One or several properties.
· In residential, touristic, commercial or industrial nature, rural land, developed land, buildings under construction...
Investors must invest at least €500,000 of their own funds, which must come from transparent sources.
The investment can be made through a company as long as it is not based in a tax haven and the investor has control over the company
This law enables non-EU nationals to get qualified residency permits in return for investing in Spanish real estate
Spanish residency and visa-free travel in Europe for non-EU nationals:
STEP 1 - Residency visa for investors - year 1
Get an ordinary touristic visa and come to Spain to visit properties. Before your trip, our agency has already sent you information about property opportunities where you have selected at least 25. We organize your viewtrip in agreement with your availability
We personally assist you during property visits and negotiate on your behalf the chosen one
Our Notary office verifies all property details and it's posible to sign the oficial title deed through the attorney lawyer
Once you have bought one property (or more) that meets the investment criteria (more than €500,000 on the deeds), you apply for a one-year investor visa from the Spanish consulate in your country, which allows you to spend a year in Spain, and travel freely in the Schengen area.
Once you have obtained this visa, you are not obliged to spend a minimum amount of time in Spain during the year. However, to get the residency permit at the end of the year, you do have to visit Spain at least once in the year. With this visa, you are not allowed to work in Spain but you can create a company. The second year, with the Residency permit, you can work in Spain.
You can rent your property/ies and manage all the rentals.
STEP 2 - Residency permit for investors - years 2 to 5
After the first year, investors apply for the residency permit (two years, renewable for another two years), as long as the property investment of €500,000 is maintained. At this point you are allowed to work in Spain.
For this application, you have to show that you have travelled to Spain at least once in the previous 12 months.
Properties can be bought and sold during this period, so long as the investment of 500 000 euros is maintained.
There is no obligation to spend a minimum amount of time in Spain, so investors can remain tax residents outside of Spain.
(less than 183 days/year)
STEP 3 - Long-term residence or Spanish nationality
After five years of continuous residence, investors can apply for permanent residence in Spain.
Likewise, after ten years of residence, Spanish nationality can be requested.
Property Investment
The investment in real estate is at least €500,000 per investor in one or several properties.
To apply for residency, proof of the investment(s) must be provided with a Property Registry filing (certificate).
If this certificate is not yet available, then the notarised deeds and proof that the deeds have been submitted to the Property Registry must be provided.
The investment can be :
· One or several properties.
· In residential, touristic, commercial or industrial nature, rural land, developed land, buildings under construction...
Investors must invest at least €500,000 of their own funds, which must come from transparent sources.
The investment can be made through a company as long as it is not based in a tax haven and the investor has control over the company