GOLDEN VISA SPAIN after Brexit

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Posted and filed under Legal Paperwork (NIE, Residencia, Padron).

Spain first launched its popular golden visa programme back in 2013. 

Back then, a simple investment of €500,000 in real estate was promised to gain a family residency in the country. Unfortunately, the application process proved more complicated than we had hoped. We had Chinese and Russian applicants who successfully purchased here but the red tape was excessive.

Now, post-Brexit in particular, many British people are looking at the Golden Visa programme and it appears to be a much smoother operation these days.

Permanent Residency and Citizenship in Spain

One of the main attractions is that after five years, our clients may gain permanent residency in Spain and after ten years …. Spanish citizenship!! You don’t have to live in pain in order to get the Golden Visa or to renew it.

After living in Spain for five years, it is possible to apply for permanent residency here. If you want to apply for Spanish Citizenship, you can apply after living in Spain for ten years.

Investment schemes that are valid in Spain include property purchase, homeownership and of course the increasingly popular Equity Release investments. Please feel free to request information from Spanish Solutions on this investment vehicle with asset back returns of 7.5% guaranteed.

Renewal of the Golden Visa 

The Spanish investor visa needs to be renewed every two years but the good news is that from our experience, the government’s scheme is working!

Once You have the Golden Visa, renewal is very simple for our immigration lawyer. You don’t need to be living in Spain to renew it. But, if you want to get a Permanent Residency or Citizenship in Spain, then you will need to be living in Spain. 

Golden Visa service price

I managed to speak with Enrique yesterday afternoon about costs. Naturally, every case is different but he suggested the following guide prices: 

  • For a sole owner: 3000€
  • For a couple: —– 5000€
  • Per child: ——— 1000€

The taxes involved are not included in these prices. Although Enrique’s English is not perfect, he is also happy to deal with our client directly, or you can choose to allow Ana in our La Zenia office to coordinate everything. 

4 Comments

  • Marie Blauenfeld

    Hello,
    Is it true that:
    “Recently, the Spanish Government have relaxed the continuous residency requirements for citizenship so multiple exits are now possible, as long as none of the trips last longer than three consecutive months. In other words, this means Latin American applicants will only need to travel every 2.5 – 3.0 months, or eight times in total, to Spain, within the two year period.

    Nationals from the following countries could qualify for Spain’s two-year fast track Citizenship route: Mexico, Peru, Argentina, Philippines, Cuba, Bolivia, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Venezuela, Panama, Paraguay.”

    If so would this only apply to the Golden Visa? Or can it be applied for the non-lucrative visa?
    Thank you

    • Nicola Ryan

      Thank you for your enquiry Marie,

      This statement relates to citizenship, the golden visa and non lucrative visa is for residencia applications. This information would not apply to with either of these applications, we are sorry.

      Kind regards
      Nicola

  • Denis

    I’m a Canadian, but I also have EU citizenship (France). I have been considering the golden visa because it minimizes bureaucratic complications that seem to go with NLVs. How does EU affiliation affect my wish to relocate to Spain? I guess what I’m asking is whether the golden visa is any easier to acquire — or if it’s even necessary.

    • Nicola Ryan

      Morning Denis,

      If you intend to come to Spain to live, you need to become a Spanish resident.

      If you enter Spain on an EU passport, the process is simpler and no visa is required. If you come to Spain on your non-EU passport a visa is required. The visa is then converted to a TIE card. There are many different types of visas that you can apply for. It would be best to study the requirements of each to confirm which fits your needs better.

      In regards to the Golden Visa, please see the requirements and information in the blog below:

      https://www.spanishsolutions.net/property-in-spain/what-are-golden-visas/

      We hope this helps,
      Nicola

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