The Spanish Golden Visa Program was launched in 2013. According to its terms, applicants choose one of the investment options: buy real estate or securities, open a deposit in Spanish Bank or invest in a business. The minimum investment amount is €500,000.

Investors don’t have to take language and cultural exams. Besides, they are not required to live in Spain, and the law allows them to rent their investment property.

Golden Visa holders can return their investments if they have lived in Spain for five years and obtained permanent residence. After another five years of living in the country, a permanent resident can apply for citizenship. However, there is a condition to giving up the first passport.

1. Visa-free travel to Schengen countries
   Spanish residents visit other Schengen countries without visas, and spend up to 90 days every six months there.
2. Moving to Spain and creating a “safe haven”
   A residence permit allows you to visit Spain anytime, even if the borders are closed to tourists. At the same time, the investor has no obligation to reside in Spain: an investor must visit the country only to extend the residence permit.
3. Access to European education and healthcare
   Investor’s children get the right to study at Spanish schools and universities, both private and public. The whole family can receive quality medical services in the clinics of the Schengen countries.
4. Working and doing business in Spain
   An investor and their family members can obtain a work permit in Spain. Entrepreneurs get the right to transfer their businesses to Spain or create new companies.
5. EU citizenship in 10 years
   An investor can obtain permanent residence after five years of living in Spain. In five more years, they can apply for Spanish citizenship.

1. Real estate purchase – €500,000+
2. Opening a deposit in a Spanish Bank – €1,000,000+
3. Purchase of shares of Spanish companies – €1,000,000+
4. Purchase of units in investment funds – €1,000,000+
5. Purchase of government bonds – €2,000,000+
6. Business investments
       The law doesn’t establish the minimum investment.

The process takes 2-3 months.