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Home ยป The Golden Visa in Spain after Brexit

The Golden Visa in Spain after Brexit

Spain implemented the Golden Visa Scheme in 2013 to support entrepreneurs and internationalisation. It is the Spain Golden visa programis a excellent opportunity to make the country your home base, particularly in the event that you plan to invest in real estate.

The following countries are suitable for people from the UK, USA, United Arab Emirates, India and China

The principal goal for this Golden Visa program is to increase the economic activity in Spain and also to encourage the creation of jobs and, of course, the entry of talented individuals due to the fact that the visa allows for investors to obtain the right to reside in Spain through investment, which is the reason it is also known as an investor visa.

The Spain Residency through Investment program

The Spanish Golden Visa programme allows divers kinds of investment options:

Make a minimum investment amount of 500.000 EUR in Spanish Real Estate (mortgage free). This program focuses on encouraging real estate investment.
Put 2 million EUR to Spanish the public sector debt.
Put one million EUR in Spanish companies (shares).
Make a deposit of 1 million EUR on an account in a Spanish savings account.
Create a business venture in Spain that is of general interest that creates jobs or contributes to technological or technological innovation, or impacts the socio-economics of the region. There is more to be considered prior to the visa is issued.

There are a few requirements to be met for Golden Visa in Spain card that have nothing to directly relate to the investment:

Age of 18+.
A health insurance policy that is private or public insurance from a company that is licensed to do business in Spain.
The ability to pay for the necessary financial expenses to cover family and personal costs of living, in order to live in Spain.
The applicant has not been denied admission to one of the Schengen countries.
The person who entered or stayed in violation of Spanish territory.
There is no criminal record currently in Spain or in the country where you reside in the last five years.

Applicant profile

To be eligible for the Golden Visa Spain, besides your investment (property or non-property related) as well as other conditions, you have to prove that you are in line with one of these profile:

Professionally qualified and highly competent.
Transferring employees within the same organization or group of businesses.

Each of these scenarios must, however, invest in Spain in order to obtain this Spanish Golden Visa.

How do I get the Spanish residency through an investing

There are a few prerequisites in order to get this Golden Visa in Spain which aren’t related to the actual investment:

When the required requirements to be eligible in order to obtain The Golden Visa have been verified The required documents must be provided to the organization that is responsible for handling the application.

In this respect it is essential to note this fact: Golden Visa is Golden Visa is not subject to the general foreigners’ rules however, it can be subject to the Entrepreneurs Act, whose main purpose is to draw the best talent and investors.

In the end, the application isn’t reviewed in the Foreigners’ bureau of the applicant’s choice of location of residence. The review is conducted in the Large Companies Unit, a department responsible for determining quality of each application.

A key aspect of getting an Investor Visa in Spain is the required documents. The required documents are different, based on the type of investment you’re planning to invest in:

If you’ve chosen to invest in real estate as a means to obtain this Golden Visa, we will require an official certificate for domain names as well as fees of the Land Registry and the deeds of the properties purchased.

Investors who decide to make an investment in Spanish stocks or shares must provide the proof of investment made from the Investment Register of the Ministry of Economy (shares) or the certification that the broker is that is registered by the National Securities Market Commission (shares).

If you decide to invest in debt that is public The requirement is to present the certificate that was issued by Bank of Spain or the organization who made the transaction where it is evident that the person applying for the loan is the owner for the investment.

In the end, if the preferred method of investment is into bank accounts, then it is required to show the certificate that proves the ownership of the deposit made. The document has to originate from the institution which is the beneficiary of deposit.

In this context it is imperative to bear in mind that based on whether the application has been filed in Spain or in another country the application must be made to various institutions:

In the event that an application was submitted in Spain the application must be made by the Large Companies Unit.
When the request is filed outside of Spain It must be sent at the Spanish consulate office.

What is the duration of this Spain Golden Visa granted for?

The duration of validity that comes with the Golden Visa varies depending on the country of origin. in Spain or elsewhere. To be eligible, you have to be legally within the country or if you are from abroad.

The residence permit is valid for a year when it is requested from abroad , and for two years if required in Spain.

When the timer has expired and the beneficiary is eligible to apply for a extension of their Visa after which, if granted the visa will be granted an additional five years of residency permit.

To allow an approval of the renewal, there are two major conditions must be met:

The proof that the investment that the Visa was issued is valid.
Have been to Spain for at the very least one time the course of that year.

Which family members are included in this visa? Spain Golden Visa?

Golden Visa also allows you to obtain permits for your spouse or other similar relationship. Golden Visa also allows you to get permissions for the spouse or a person who is in a similar relationship and also minors younger than 18 years old who are dependents. Permits are also available for those who are older than 18 years old who are financially dependent upon the person applying, and who are not part of a family unit. If parents of the applicant are dependent on him/her, they can also be considered.

In short, the family members that may include:

Spouse or someone with an analogous relationship
Dependent minors younger than 18 years old
Individuals that are financial dependent upon the applicants, and have not yet established their own family unit.
Parents in a position of dependency on the applicant.

If the application is accepted and the family members are approved, they will be granted a residence permit and will enjoy the same benefits as the applicants.

What tax will I be required to pay after I receive this Spanish Golden Visa?

A Golden Visa in Spain does not require you to pay any tax It is contingent upon the duration of your stay within the nation. If the duration is greater than 183 days in a year, then you’re legally required to declare your total earnings.

What you will be required to report to authorities in Spain Spanish authorities is the earnings from the investment.

It is the Golden Visa Benefits

This program is a particular situation, however the advantages associated with your Spanish residency are amazing. A Spain Golden Visa means:

It allows you to enter the EU (Schengen zone).
You may request the permission for your partner or spouse minor children or those aged adults who depend financially on you, as well as dependents on upward line.
You are only required to visit Spain every year for a single time in order to retain the permit, and the possibility of staying longer is not required.
The initial residence permit issued to Investors is granted for two year. When that period is over Investors from outside the EU who are interested in living for a longer period in Spain over a long duration can apply to renew the residence permit for subsequent 5 years, so long that the conditions are met.
You are able to operate as an entrepreneur, or an employee when you’ve been given the two-year permit.
After five years, it is possible to attain permanent residency, and after 10 years you will be eligible for citizenship.

We provide a variety of services to investors. Our team of professionals and committed is well-versed in the areas of legal guidance as well as management, real estate conveyancing fresh visas, immigration as well as residency and investments for investors who are globally minded. Because of our experience and in-depth local expertise, we are capable of providing investors with an efficient, customized and reliable service. This includes managing this Spanish Investment Visa.

It is the Golden Visa in Spain after Brexit

Prior to Brexit the ability to live in Spain was an easy thing for all British citizen, since this was allowed under the EU system, which was the process of presenting only a few problems.

In the wake of Brexit, British citizens have been forced to search for alternatives and options, with those who have the Golden Visa and the Non-Lucrative Visa being the most well-known choices, because they have more difficulties as compared to, say applying for a normal work permit.

Frequently Answered Questions

What amount I have to put aside to be eligible for an Golden Visa in Spain?

It is contingent on the type of investment you select as a type of investment. If you opt for an investment option that involves property, your minimum investment is EUR500,000. If you decide to make a bet on bank accounts or shares of Spanish businesses the minimum amount to invest must be at least EUR1,000,000. In addition, if the investment is made with public debt, it should be at minimum EUR 2,000,000.

The investment can be made via an entity?

But, in order to qualify, you have to meet two conditions and one requirement.


The person who is applying in order to obtain Golden Visa Golden Visa needs to have the majority of the voting rights for the business.
The candidate must have the authority to nominate or remove board-directed members.


The company must be registered in a nation that isn’t a tax-free nation.

How long will it take to obtain an Spanish Golden Visa?

The deadline for a decision to be made is 20 days from the date that all the documents are submitted.

After the decision is made and sent to the person who is interested after which the person has a time of one month to file an application to obtain an application for the Golden Visa at the Spanish Consulate in the country of the origin. It is then required to travel to Spain in order to submit the application along with the approval which was already obtained.

How long do I need to be in Spain in order to maintain my GV?

When you have the Golden Visa there is no requirement to remain in the country. The only requirement is to go to Spain to renew your permit.

This is different if you’d want be able to obtain permanent residence. To be eligible, you must reside for a period of Spain over a period of at least 5 years, and an average of six months each year. For citizenship the minimum period of stay in Spain of 10 years.

Can I get a loan to purchase the Spain GV?

In the same way as loans, you are not able to be eligible for the Golden Visa by taking out a mortgage. As previously mentioned the initial investment should always be done with the funds you have.