Golden Visa in Spain - as works the program?
The Gold Visa of the Investor program works in Spain since 2013. It opens for foreigners several ways for obtaining the residence permit in the country and also the prospect of obtaining the Spanish passport in the future. Golden Visa in Spain has a number of advantages in comparison with similar programs in Portugal, on Malta or Cyprus … For example, for participation in the program it is enough to purchase the real estate in Spain for the amount from 500,000 euros.
According to specialists in real estate field, Golden Visa or "The gold visa of the investor" is the most popular method of obtaining the Spanish residence permit. The matter is that it is possible to receive the residence permit according to this program in a short time. Plus, Golden Visa gives several attractive benefits to foreigners. For execution of "The gold visa" it is necessary to invest from half a million euro in the real estate or national economy.
How to receive the residence permit according to the Gold Visa of the Investor program?
- To purchase the real estate in Spain for the amount from 500,000 euros;
Acquisition of one object from the sector of elite housing, five apartments on 100,000 euros or other option is possible. The only condition - in the amount purchase of the real estate shall make not less than half a million euro. Also joint purchase is provided, but the share of each investor shall be not less than 500,000 euros. By the way, this type of investment into the Spanish economy chooses the vast majority of applicants. Let's note that both the physical, and legal entity can be the buyer. Purchase shall take place without attraction of borrowing facilities.
- To deposit 1,000,000 euros to the account in the Spanish bank;
The main condition - the amount shall remain on balance for the period of all action of Golden Visa.
- To acquire shares of the Spanish state companies for the amount from 1,000,000 euros;
- To purchase securities for the amount of 20 00,000 euros;
In other words, you invest means in the Spanish government bonds. Money shall be invested solely not less than five years.
There is also one more option – you can offer the Spanish authorities the business project which will well influence national economy. The project shall provide creation of jobs, use of the innovation technologies or dynamic development of this or that industrial area in the chosen region.
The real estate in Spain is bought up by Russians and Chinese
Most often the investors seeking to receive the residence permit in Spain make investments in purchase of the real estate. Their views, first of all, are turned on the large and developing cities of the country. Real estate price grows in these regions, and, therefore, there is attractive a leasing and the subsequent resale of housing.
Many stop the look on "Spanish Hollywood" - Marbella. If you want to live in the same place where it is possible to meet Madonna or Antonio Banderas, pay attention to a magnificent country house in Marbella (Costa del Sol) of 450 sq.m. Great sea view, 5 bedrooms and 6 bathrooms for only 750,000 euros. By the way, the price was reduced from 1500 000 euros.
By the way, according to the Ministry of Labour of Spain, 94 percent of "Gold visas" were received through purchase of the real estate. Among investors the majority is made by residents of Russia and China - more than a half all issued to Golden Visa is the share of them. Every half-year Golden Visa is received by more than hundred fifty Russians and more than two hundred Chinese.
Necessary document package for Golden Visa
- The documents confirming investment (the purchase and sale agreement of the real estate or government bonds, the certificate on ownership of shares of the enterprise and other);
- The international passport and its copy (validity period of the passport shall make not less than a year from the moment of filing of application);
- Civil passport and its copy;
- Two completed questionnaires on the visa, photos;
- The certificate of lack of criminal record with the notarized translation;
- The health insurance for a period of one year in the Spanish insurance company;
- Confirmation of solvency for residence in Spain (the statement from the bank account);
- Receipt on payment of a consular fee.
Chronology of actions is as follows: at first you invest from half a million euro in the Spanish economy, for example, buy the real estate in Spain. Only then necessary documents are submitted for obtaining "The gold visa of the investor". It is possible to submit the application directly in the country or in the Spanish consulate in Russia.
Fine option for participation in the program – purchase of luxurious apartments in Barcelona. The apartment is located in the vintage building in the downtown, near Eyshample. An important bonus – close proximity to the area of Catalonia, the area of Spain. The cost of the offer – 520,000 euros.
Benefits of participation in the Golden Visa program in Spain
Why it is so attractive the Kingdom of Spain foreign investors? The matter is that the program of obtaining the residence permit in the country has several advantages in comparison with the similar programs existing in other countries. Unlike the others, Golden Visa allows foreigners to get a job officially. Besides, at all not necessarily there are in Spain 183 days in a year. The investor can see off from one to 365 days in a year on the discretion here.
The owner of Golden Visa has the right to demand the similar status for relatives. Their number includes the wife, minor children (or 18 years, but without work and own family are more senior) and elderly parents. All of them can file documents on "The gold visa" together with the main applicant.
Important benefit of Golden Visa to fans of globalization: the program gives the chance to travel freely around the countries which enter the Schengen area.
Let's note that Golden Visa is issued for a period of two years. After that it is possible to prolong it for five years. In 10 years the owner of "The gold visa of the investor" can receive the Spanish passport.
The listed benefits of Golden Visa are excellent arguments for benefit of purchase of the real estate in Spain. Compare two options: the wonderful furnished house in Barcelona or the amazing apartment in San Sebastian.
Statistics on Golden Visa
Let's note that since 2013 (when the Gold Visa of the Investor program began the work) more than one thousand Russians used it. The program brought to the Spanish treasury more than three billion euros the foreign investments.
Options of obtaining the residence permit in Spain without investment into economy
It appears, it is possible to apply for the residence permit in the country and without half a million euro. The program is called – "the residence on the basis of the confirmed income". For this purpose it is required to confirm own solvency and a passive income: from 2130 euros a month!
Has this appearance of obtaining the residence permit also the shortcomings. For example, you will not be able officially to find a job. However other pluses, including travel over the countries of the Schengen agreement and requirement of the residence permit for the immediate family, remain.
Life in the country of long-livers
The acceptable amount of investment, opportunity to travel around Europe or the work authorization – all these benefits of Golden Visa are indisputable. But most of foreigners aspire to Spain not behind it at all. They are attracted the high level of comfort in the country and high life expectancy. You pass on http://games-two.su/igrovye-avtomaty/goldfishka/ - it is better Russian-speaking the Internet of casino with the minimum deposit of 50 rubles. It is considered to be that in Spain live long and happily. Specialists claim that shortly the country will overtake Japan and Singapore on this indicator. Average life expectancy – is predicted about 85 years!
Health issue and longevity for many investors corner. Therefore they think of participation in the Golden Visa program. The following option – a magnificent two-storeyed penthouse in the center of Barcelona will be suitable for comfortable life. From terraces the marvelous view of the city opens. Project cost – 1250 000 euros. Join the Golden Visa program!
If you seriously think of obtaining the residence permit in Spain, address specialists of the AWAY REALTY company. We will help to prepare a necessary document package and also to pick up a suitable real estate object for investment.
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