Spain’s Golden Visa program offers legal residence through investment, often property investment. Non-EU nationals can typically obtain permanent residency or citizenship, with full access to the EU.
Investors are no longer forced to invest than individuals. Rather, you 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 address of the company is not in a tax haven. This means that if you find investment partners, you can secure a visa for Spain by investing well under € 500,000.
The residence permit also enables a work permit in Spain.
Entrepreneur visa
This category includes two types of visas / permits:
- An entry visa for a maximum stay of one year, for the sole or main purpose of initiating the preparatory steps for carrying out an entrepreneurial activity.
- A residence permit to initiate, carry out or manage an entrepreneurial activity. To apply for this residence permit, the entry visa according to section 1 is not required.
Entrepreneurship is defined as an innovative activity of particular economic interest to Spain, as evidenced by a positive report from the Spanish government. In addition to the creation of jobs in Spain – particularly and with priority – the following will be taken into account: a) the applicant’s professional profile, education, work experience and involvement in the project; b) the business plan together with a description of the project, product or service, market analysis and funding; and c) its added value for the Spanish economy, innovation or investment opportunities.
Spain’s Golden Visa application processing time is fast and efficient. Once the paperwork is submitted, it usually takes 20 business days for the visa to be approved.
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