{"id":2500,"date":"2020-02-10T17:33:43","date_gmt":"2020-02-10T17:33:43","guid":{"rendered":"http:\/\/www.gmtaxconsultancy.com\/?p=2500"},"modified":"2024-02-20T16:36:00","modified_gmt":"2024-02-20T16:36:00","slug":"golden-visa","status":"publish","type":"post","link":"https:\/\/gmtaxconsultancy.com\/en\/procedures\/golden-visa\/","title":{"rendered":"Golden Visa In Spain &#8211; Residence Permit For Investors"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The <strong>Golden Visa<\/strong> is a <strong>Spanish government law<\/strong>, which can be beneficial for non-EU citizens who want to <a href=\"https:\/\/gmtaxconsultancy.com\/en\/company\/investing-in-spain\/\"><strong>invest in Spain<\/strong><\/a>. Spain launched the Golden Visa programme in 2013 to make the Spanish economy more competitive, increase motivation for foreign direct investment, strengthen foreign trade and promote local job creation.<\/p>\n<p>Changes to the law in 2015 created additional incentives and made it easier and faster to obtain visas and work permits for Spain. Spain&#8217;s Golden Visa programme is now one of the most attractive programmes for non-EU investors.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">\u00cdndice contenidos<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/gmtaxconsultancy.com\/en\/procedures\/golden-visa\/#How_to_obtain_the_Golden_Visa\" >How to obtain the Golden Visa<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/gmtaxconsultancy.com\/en\/procedures\/golden-visa\/#Advantages_of_the_Golden_Visa\" >Advantages of the Golden Visa<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/gmtaxconsultancy.com\/en\/procedures\/golden-visa\/#Golden_Visa_Statistics\" >Golden Visa Statistics<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/gmtaxconsultancy.com\/en\/procedures\/golden-visa\/#You_May_Be_Also_Interested_in\" >You May Be Also Interested in<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_obtain_the_Golden_Visa\"><\/span>How to obtain the Golden Visa<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To obtain the Golden Visa, you must be prepared to make significant investments in Spain. The visa can be obtained by spending at least \u20ac500,000 on real estate in Spain, investing at least \u20ac1 million in a Spanish company, investment fund or venture capital fund, or investing at least \u20ac2 million in Spanish government bonds.<\/p>\n<p>The applicant must prove that he\/she has no criminal record and that he\/she has the financial means to support him\/herself or his\/her family (2,130 euros per month plus 530 euros for each family member). Once the visa is issued, an investor can buy and sell real estate as long as he or she meets an investment threshold of 500,000 euros.<\/p>\n<p>Investors are no longer obliged to invest more than individuals. Instead, they can buy real estate in Spain, either directly or indirectly through a registered company, as long as the investor still owns the majority of the shares and the company&#8217;s address is not in a tax haven.<\/p>\n<p>This means that if they find investment partners, they can secure a visa for Spain by investing much less than 500,000 euros.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Advantages_of_the_Golden_Visa\"><\/span>Advantages of the Golden Visa<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Although there are several types of visas for travelling to Spain, the Golden Visa is particularly attractive as it grants residence permits to the investor&#8217;s immediate family members. Since 2015, applicants can apply for family reunification not only with spouses but also with partners in a cohabitation similar to marriage.<\/p>\n<p>The programme also covers economically dependent children of the investor, including adult children, and their parents. The residence permit also allows for obtaining a <strong>work permit in Spain<\/strong>. Successful applicants initially receive an annual visa.<\/p>\n<p>The applicant can then apply for a residence permit which is valid for two years and can be extended for five years at a time. When applying for or renewing a residence permit, the applicant does not have to appear in person; it is sufficient for a representative to appear before the authorities.<\/p>\n<p>The visa does not require a minimum length of stay for renewal. This is attractive for investors who wish to take advantage of Spanish residency and at the same time travel to any other European country. All these facilities are aimed at <strong>attracting as many investors as possible to Spain<\/strong>.<\/p>\n<p>Investors can therefore either remain in Spain or transfer their tax residence to a third country. If the residence is established in Spain, applicants can <strong>apply for Spanish citizenship<\/strong> after ten years of permanent residence (they must spend at least 183 days a year in the country).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Golden_Visa_Statistics\"><\/span>Golden Visa Statistics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>According to the latest data from the Secretary of State for Trade, Golden Visa statistics have improved considerably since its introduction. Compared to 2014, the number of investors who received the Golden Visa has quadrupled to 2,236.<\/p>\n<p>The majority benefited from the special residence permit through the purchase of the real estate, other applicants through capital investments and the rest through <strong>business start-ups<\/strong>. The total investment amounts to \u20ac2.157 billion and exceeds the investments made in 2014 by a factor of three.<\/p>\n<p>Of this amount, \u20ac1,554 million is for the acquisition of real estate or land, \u20ac495 million for businesses that have created almost 2,000 new jobs and \u20ac108 million for financial assets.<\/p>\n<p>If you have any questions on this subject, please contact our <a href=\"https:\/\/gmtaxconsultancy.com\/en\/tax-advice-barcelona\/\">tax advisors in Barcelona<\/a> for <a href=\"https:\/\/gmtaxconsultancy.com\/en\/consultancy-entrepreneurs-barcelona\/\">entrepreneurs and startup consultancy<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"You_May_Be_Also_Interested_in\"><\/span>You May Be Also Interested in<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/company\/investing-in-spain\/\">Investing in Spanish Start-ups: Tax and Legal Considerations for Investors<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/news\/changes-to-the-beckham-law-following-the-new-startup-law\/\">Changes to the Beckham Law following the new Startup Law<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/company\/phantom-shares\/\">Phantom Shares: The ideal incentive for start-up employees<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/tax\/taxation-stock-options-start-up-law\/\">The taxation of Stock Options after the new start-up law<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/law\/how-to-proof-your-status-as-a-startup-company\/\">Proof Your Status as a Startup Company<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/tax\/business-angels-in-spain\/\">Business Angels in Spain: Deductions, requirements and more<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/law\/startup-law\/\">Main news introduced by the Startup Law<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/law\/investment-agreement-types\/\">Investment Agreement: Types, Parts, Actions<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/law\/setting-up-a-business-in-spain\/\">Setting up a Business in Spain<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/tax\/tax-identification-number-tin-nie-nif-in-spain\/\">Get a Tax Identification Number (TIN), NIE\/ NIF in Spain<\/a><\/li>\n<li><a href=\"https:\/\/gmtaxconsultancy.com\/en\/company\/investing-in-spain\/\">Investing in Spain: Advantages and Disadvantages<\/a><\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Golden Visa is a Spanish government law, which can be beneficial for non-EU citizens who want to invest in Spain. Spain launched the Golden Visa programme in 2013 to make the Spanish economy more competitive, increase motivation for foreign direct investment, strengthen foreign trade and promote local job creation. Changes to the law in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[704],"tags":[],"class_list":["post-2500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procedures"],"_links":{"self":[{"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/posts\/2500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/comments?post=2500"}],"version-history":[{"count":8,"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/posts\/2500\/revisions"}],"predecessor-version":[{"id":13812,"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/posts\/2500\/revisions\/13812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/media\/1363"}],"wp:attachment":[{"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/media?parent=2500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/categories?post=2500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmtaxconsultancy.com\/en\/wp-json\/wp\/v2\/tags?post=2500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}