The "Golden Visa" is a type of residence visa that is offered in some countries to attract foreign investors. These programs offer the opportunity to obtain residency or citizenship in a country in exchange for a significant investment in the country, such as buying a property, investing in a business, or investing in a mutual fund.
Each country has its own requirements and investment limits, but in general, the "Golden Visa" gives visa holders the opportunity to live, work and travel freely within the country and, in some cases, throughout the European Union.
At Homesearch Barcelona we explain how it works and what are the requirements to obtain the Golden Visa.
The "Golden Visa" in Spain works as a temporary residence visa that can be obtained through an investment in the country. The program is intended to attract foreign investors and promote economic development in Spain.
To obtain a "Golden Visa" in Spain, a person must make a minimum investment of 500,000 euros in a property in the country or invest in a Spanish business. In addition, it is necessary to meet certain requirements, such as having health insurance and a bank guarantee.
Once the investment has been made and the requirements have been met, the person can apply for the visa and, if approved, is granted a one-year temporary residency. After one year, the visa can be renewed for additional periods of two years.
These are the requirements to obtain the "Golden Visa" in Spain: ➢ Investment: The person must make a minimum investment of 500,000 euros in a property in Spain or invest in a Spanish business.➢ Documentation: A series of documents is required, such as a valid passport, criminal certification, medical insurance and a bank guarantee.➢ Medical insurance: The person must have medical insurance that covers their medical needs during their stay in Spain.➢ Bank guarantee: The person must provide a bank guarantee that demonstrates that they have the financial means to support themselves during their stay in Spain.➢ Not having a criminal record: The person must demonstrate that they do not have a criminal record in Spain or in other countries. It is important to note that these requirements may change over time and there may be more requirements or additional documentation required depending on the individual case. Therefore, it is advisable to consult an expert for more information and advice on the requirements to obtain a "Golden Visa" in Spain. At Homesearch Barcelona we work with specialized lawyers that can guide you though this process.
