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RESIDENCE IN SPAIN
The government of Spain introduced the program in 2013.This is an opportunity for non-EU citizens to get residence by investment in one of the warmest countries of Western Europe
famous for its rich history and culture.
BENEFITS
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Family members of the main applicant (a spouse, children and parents) can apply for the residence without additional investments.
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No requirement for minimum period of stay in the country for residence extension.
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Visa-free or simplified entry into all the countries of the Schengen Area.
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High-developed system of public and private health care.
ABOUT THE PROGRAM
Applicants should be non-EU countries citizens.
The main applicant’s spouse (partner), children and parents can get the residence permit without additional investments.
Investment options are as follows:
- Purchase of real estate with a minimum value of EUR 500,000.
- Bank deposit for the minimum amount of EUR 1,000,000 in Spanish financial institutions.
- Share investments in Spanish companies or investment funds with a minimum value of EUR 1,000,000.
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PROCESSING TIME
The process of obtaining a residence permit takes not more than 2 months. Residence permit is issued for 2 years and then extended for 5 years. You can apply for Spanish citizenship after 10 years of legal residence in the country, while meeting a number of additional conditions.