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Spain

Residency by Investment

Minimum Investment

N/A

Donation

Minimum Investment

€500,000

Real Estate

Time To Citizenship

2-3

Months

Visa-Free Access *

185+

Countries & Territories

About the program

The Spanish government passed a law in 2013 to launch the residency by investment program. To be able to apply for this program, you should be at least 18 years of age, in good health, and without a criminal record. In addition, you are required to make a real estate purchase, invest in debentures or shares, or launch a business project in the country.

Benefits

Visa-Free Travel

As a resident of Spain, you are also a resident of a European Union country and are entitled to freedom of movement in the Schengen area

Guaranteed by law

The program is based on the law & is guaranteed by the government since 2013.

Straightforward Process

You and your family will be able to study in schools or universities in Spain and have access to world-class healthcare systems and services.

Tax Relief

has no taxes on worldwide income, capital gains, dividends, gift, wealth and inheritance.

Minimal residency required

There are no physical residency requirements. You are not required to visit before or after the application.

Dual Citizenship permitted

Spain also allows dual residency, so you can keep your existing nationality or other residencies. However, Spain does not allow for dual citizenship with some exceptions.

Program requirements

Main applicant requirements

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Receive approval by the Government
  • Confirmed investment sources

Eligible dependents

  • Spouse of the main applicant
  • Adult children (biological or adopted) under 28 years of age
  • Dependant parents

*Parents and children older than 18 must be dependent on the main applicant.

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Program process

The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Legal basis

The Spanish Government introduced the Residences Visa Law 14/2013 on the 27th September 2013 to support entrepreneurs and internationalization. The law offers the opportunity for non-EU citizens to obtain a Residence Permit by investing in Real Estate in Spain for a minimum value of €500,000 Euros. A residence permit for 1 year is issued and can be renewed (for a 2-year period each time), provided that the real estate property is still owned by the applicant.

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