ABOUT SPAIN PROGRAM
In 2013, the Spanish Government announced and legalized the Residency by investment program for foreigners. Applicants must be above 18 years, in good health condition, and without any trace of criminality. Furthermore, the applicant is expected to buy real estate, invest in shares or start a business in Spain.
Country Statistics
Spain is located on the Southwestern shore of Europe. The country is known for its diverse cultures. The program, Spain Residency, provides an environment for lucrative business activities throughout Europe. Also, it has a solid economic background, and residents enjoy a high and affordable standard of living, not leaving out world-class social amenities.
Facts About Spain
- Spain is well recognized for its culture, world-class architecture, gastronomy, sports life, modern infrastructures, and enthusiasm for foreigners.
- The country’s government is a parliamentary monarchy and has the Prime Minister as the head of the Government.
- Spain has a wide landscape estimated at 504,645 square km. It has several uninhabited islands on the Mediterranean part of the Strait of Gibraltar, including the Canary and Balearic Islands.
- The country is located between Europe and the Mediterranean by the Iberian Peninsula.
- The official language is Spanish, and the majority speak English
Madrid is the capital of Spain and has metropolitan cities for adventures and tourism, including Barcelona, Seville, Mallorca, Valencia, and others - The country permits everyone to practice any religion they believe in
Euro is the official currency - Spain is a member of the UN, NATO, CoE, OEI, OECD, and WTO, among other international organizations.
- Obtaining a Spanish Residency for foreigners make it easy to trade between Europe and Mediterranean countries, plus North and South American countries.
We can provide you with authentic Spain citizenship through Investment and Golden Visa Program. We have assisted several individuals, entrepreneurs, and families obtain Spain’s Residency.
Our services include monitoring, evaluating, and regulating everything possible to ensure our clients meet the requirement(s) for Spain citizenship by Investment Program. We will ensure our clients get approval for their residency applications with our skills and expertise.
BENEFITS OF SPAIN RESIDENCY
- Right to Free Movement
Residents of Spain are equally a resident of the EU country. Therefore they have the right to free movement within the Schengen area. - Supported by Law
Since 2013, the Spain Residency Program has been supported by the law. - Health and Education
Residents gain easy access to all sorts of educational institutes and standard healthcare. - Dual Residency Allowed
Citizens of foreign countries are allowed to maintain their nationality and keep up with permanent stay as a resident in Spain. Though for some reason, Spain may not allow dual Citizenship.
VISA FREE COUNTRIES FOR SPAIN RESIDENCY
Obtaining Permanent Residency in Spain grants the applicant visa-free entrance to 26 countries within the Schengen region. As a resident of Spain, you have the right to start a business in any part of the country or work.
Having Spain Permanent Residency grants easy access to the following countries:
- Austria
- Belgium
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
Once the Spain Citizenship application is granted, you can travel to:
(Visa-free and visa-on-arrival countries)
- Albania
- Andorra
- Angola
- Antigua and Barbuda
- Argentina
- Armenia
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belarus
- Belgium
- Belize
- Benin
- Bolivia
- Bosnia and Herzegovina
- Botswana
- Brazil
- Brunei
- Bulgaria
- Burkina Faso
- Cambodia
- Canada
- Cape Verde
- Chile
- Colombia
- Comoros
- Costa Rica
- Croatia
- Cuba
- Cyprus
- Czech Republic
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Estonia
- Ethiopia
- Fiji
- Finland
- France
- Gabon
- Georgia
- Germany
- Greece
- Grenada
- Guatemala
- Guinea-Bissau
- Guyana
- Haiti
- Honduras
- Hungary
- Iceland
- India
- Indonesia
- Iran
- Ireland
- Israel
- Italy
- Jamaica
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liechtenstein
- Lithuania
- Luxembourg
- Macedonia
- Madagascar
- Malawi
- Malaysia
- Maldives
- Malta
- Marshall Islands
- Mauritania
- Mauritius
- Mexico
- Micronesia
- Moldova
- Monaco
- Montenegro
- Morocco
- Mozambique
- Myanmar
- Namibia
- Nepal
- Netherlands
- New Zealand
- Nicaragua
- Norway
- Oman
- Palau
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Poland
- Portugal
- Qatar
- Romania
- Rwanda
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Samoa
- SanMarino
- São Tomé and Príncipe
- Senegal
- Serbia
- Seychelles
- Singapore
- Slovakia
- Slovenia
- Solomon islands
- Somalia
- South Africa
- South Korea
- Sri Lanka
- Suriname
- Swaziland
- Sweden
- Switzerland
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tonga
- Trinidad and Tobago
- Tunisia
- Turkey
- Tuvalu
- Uganda
- Ukraine
- United Arab emirates
- United Kingdom
- United States
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican City
- Venezuela
- Vietnam
- Zambia
- Zimbabwe
GUIDELINES FOR PERMENANT RESIDENCY IN SPAIN
1. Document Screening
We assist you in screening your document in preparation for government approval. For this process to go smoothly, applicants are expected to make a down payment for opening the application. We guide and advise our applicants on the needed document for processing the Spain Residency application.
2. Secure Investment
We help applicants get property in Spain that meets the Government’s required investment for a residency permit. We also fast-track the property purchase document with the buyer, so we can use them to apply for Permanent Residency in Spain.
3. Get Power of Attorney in Exceptional Case
We can get a Power of Attorney on behalf of the applicant if the applicant decides not to travel to Spain.
4. Preparation of Property Purchase Documents
We help our client get the property purchase document to conclude the purchase deal. At this point, we expect the applicant to transfer the property purchase fund and taxes.
5. Prompt Update From the Government Agency
As soon as the Government has reviewed the applicant’s file, we will get notified if the Residence Visa is approved or not. Immediately the Visa is granted, the applicant may decide to stay in Spain or not. However, to get the residency permit, the applicant must visit Spain once a year minimum.
6. Approval and Delivery
Once all is done and approved, the Residency visa will be sent to the applicant through a courier. Meanwhile, the balance of professional fees has to be paid before sending the Visa.
Note: After the first year of investing in Spain, the investor can apply for approval to reside in Spain for 2 years. The approval is renewable after 2 years (continuously). So far, the investment limit of €500,000 is preserved . For an applicant to get this approval granted, there needs to be proof that the applicant has traveled to Spain once within 12 months. The 2 years residency can be renewed repeatedly, dependent on the investment rules being maintained.
Buying and selling of properties are allowed during this period, based on the fact that the investment rule is maintained.
Approval of Spain’s Residency is the sole decision of the Spanish Government. However, the application may be turned down based on the following reasons; if it is discovered that the details on the application or documents presented are false, if the applicant is associated with a body or event that would tarnish the image of Spain, engaged or investigated for a criminal offense.
COST OF PERMENANT RESIDENCY IN SPAIN
To qualify for Spanish Permanent Residency, the applicant needs to meet up to these
requirements:
a) Real Estate
Purchase of a real estate according to the minimum due amount
Minimum investment – EUR 500,000
Added Fee Include the following
These fees are to be paid in addition to the purchase of real estate:
Property Transfer Tax – 10% of property price
Property Income Tax (Annual) – Approx. 1.1 – 2%
Tax on Real Estate – Dependent on area
Spain Golden Visa – EUR 70 per applicant
Spain Permanent Residence (PR) Card – EUR 70 per applicant
Our professional fees, certificate of Citizenship, a passport, official application forms, courier, and other disbursement are the main cost associated. Notwithstanding, we will provide a detailed quotation for transparency purposes.
PROGRAM DURATION
The duration of 6 months is the specified timeframe for the residency application process.
However, the initial duration of document collection could be a bit longer depending on how fast the applicant provides the required documents. We are fully on the ground to assist our client (applicant) pass-through this stage faster with samples and professional advice.
The duration of the renewal stage depends on the availability of the agency that would handle it.
We have no regulation over this particular process. However, we assure you that we work with the best Government agencies to hasten the entire process and make our client (applicant) get quick approval.
PROGRAM REQUIREMENTS & LEGAL GROUNDWORK
MAIN APPLICANT CRITERIA
QUALIFIED DEPENDENTS
Note that parents and children above 18 are dependent on the applicant.
LEGAL GROUNDWORK
On September 27, 2013, the Spanish Government introduced the Residence Visa Law to backup entrepreneurs and internationalization. The Residence = Visa Law allows non-European Union citizens to get a Residence Permit by making investments in Real Estate in the country with a minimum amount of €500,000. After that, a 1-year residence permit is granted. This permit is renewable for 2 years and continuously. So far, the real estate investment is maintained by the applicant.