Golden Visa

The Golden Visa program in Spain offers residency to non-EU citizens who make a significant investment in the country. As of my last update, here are the key requirements for obtaining a Golden Visa in Spain:

1. Investment Threshold: To qualify for a Golden Visa, individuals must make a significant investment in Spain. The investment can take various forms, including purchasing real estate, investing in Spanish companies, or depositing funds in a Spanish bank account. The minimum investment thresholds are as follows:

- Real Estate: A minimum investment of €500,000 in residential or commercial property.

- Capital Investment: A minimum investment of €1 million in shares of Spanish companies, investment funds, or bank deposits.

- Business Venture: A minimum investment of €1 million in a new business project that generates employment or contributes to scientific or technological innovation.

- Government Bonds: A minimum investment of €2 million in Spanish government bonds

2. Clean Criminal Record: Applicants must provide evidence of having a clean criminal record in Spain and any previous countries of residence for the past five years.

3. Health Insurance: Applicants must have private health insurance coverage in Spain.

4. Sufficient Funds: Applicants must have sufficient financial means to support themselves and any family members accompanying them during their stay in Spain.

5. Residency Requirement: Golden Visa holders are required to visit Spain at least once during the validity of their visa.

6. Application Process: The application for a Golden Visa is typically submitted through the Spanish consulate or embassy in the applicant's home country. The process involves providing documentation to support the investment and meeting the other requirements outlined above.

7. Residency Renewal: Initially, the Golden Visa is granted for one year, after which it can be renewed for two-year periods, provided the investment is maintained.

It's important to note that the requirements and procedures for the Golden Visa program may change over time, so it's advisable to consult with legal and financial professionals for the most up-to-date information and guidance regarding eligibility and application processes