SPAIN

Why Spain?

Spain has been always a very exciting destination for visitors and entrepreneurs around the world, whether as a place to visit, move or invest.

It is one of the top destinations for tourists around the world, and it has been recently emerging as a top destination for investors and entrepreneurs who are considering moving to the European continent.

Living in Spain opportunities:

Spain is one of the most affordable countries compared to many other western European countries.
Spain has a healthcare system that is highly ranked among the best in the world, with a huge number of public and private hospitals, and excellent medical centers with a world-class reputation.
Spain is considered as one of the safest and most politically stable European countries.
The education system in Spain includes a huge number of primary and secondary schools, many of which are bilingual, which gives the opportunity for foreign students to integrate easily in Spanish Schools and culture, also there are several leading business schools in Spain that are ranked within the top 10 schools in Europe.
Spain’s location in the Southwest of Europe has resulted in the country being one of the warmest in Europe, which is why Spain is considered within the top 5 tourist destinations in the world.

Economic Opportunities:

Spain’s open economy which is hugely represented by the strength of the services sectors, the Spanish economy is known for the highly qualified motivated workforce and highly competitive costs.
By Investing in Spain, you will have access to the European Union market, which is considered the largest and the most dynamic market in the world, your business will also benefit from the Single currency benefits in the European Union, and the free movement of goods and services across the continent.
Spain’s location in the center of the world provides access for companies to access many markets such as the European, Latin American, African, and Middle Eastern markets, it is ranked within the highest-ranked countries in the world in terms of Global export of commercial services.
The infrastructure and logistics systems in Spain are highly developed and is considered a role model for many countries in the world, Also Spain is considered one of Europe’s most important ICT markets.
The Spanish government is continuously introduced many incentives and schemes to enhance the investment sector in the country.

How will the Spanish Golden Visa benefit our family?

On submission of your Real Estate Sale Contract you may apply for the Residency Permit.

No minimum stay requirement in Spain and your visa will still be valid.

The Residency permit applies to your spouse and your dependants under the age of 18.

You and your family will gain the right to live in Spain.

You personally do not need to be in Spain to renew the Spanish Golden Visa we can assist you with the renewal.

The application process for the Spanish Golden visa is fast and the government fees are low.

Allowing travel throughout the 26 Schengen Visa European Countries can be done with ease and without having to apply for additional visas.

Extend your property portfolio and allow yourself to earn a euro-based income through renting, whilst having a property that is appreciating.

Access to public school and health care.

Work as an entrepreneur or employee.

Quick processing for the Residency permit – 15 working days.

THE REAL ESTATE INVESTMENT - Golden Investment

This opportunity offers Spanish residency rights and travel within the European Union (EU) Schengen area in return for an investment of at least 500.000€ in real estate.

Any number of properties, either residential or commercial, can be combined to raise the 500.000€ minimum investment and the property can be rented for income. Any additional monies required for finance on the desired property can be mortaged, however the initial 500.000€ must be mortgage free. The investor is therefore required to have the financial means to provide the first half a million euros without any banking assistance.

The steps to follow to attain citizenship:

Spanish resident visa obtained on the purchase of property to the value of minimum €500.000
Spanish resident visa is then renewed every year for the first two years
After the two years is completed you can then apply for the Spanish Resident Permit
Renewing of the Spanish resident permit will only be granted provided your investment is still in place
After completing a total of 5 years (1 with Spanish Visa and 4 with Spanish permit) you may apply for Permament residence.
Permanent residence applications = minimum 6 months stay in Spain per year
After completing a full 10 years in Spain you may now apply for full citizenship

The applicant must have committed to make the investment before applying for the visa. The application will be presented once the sales contract is signed and before the end of the sale before the notary. However, the funds must be ready to be invested in a bank account in Spain. The application for a residence visa in Spain is made within 10 to 15 days and is valid for two years, if requested in Spain, and can be renewed for another five years as long as the investment is maintained.

To proceed you will require:

Obtain NIE Number / Spanish Identification number
Select the property
Open a bank account in Spain
Make the transfer
Carry out the legal formalities for the purchase of the property.
Apply for a Golden Visa.

Why invest in Spain?

Adaptability and flexibility are Spain’s strongest points when it comes to welcoming foreign investors.

There are no restrictions applied to foreign citizens coming to set up businesses in Spain. Foreign investors benefit from the same conditions for opening a company in Spain as any other local enterpriser.

Spain has signed bilateral agreements with over 50 states in order to establish the legal framework for foreign investments. Also, investment portfolios from companies within the EU are not required to submit any declaration, no matter the amount invested, thus reducing significantly the administrative burden on the foreign investors.