How to Get Spain Investment Visa
Are you looking for an opportunity to combine a significant investment with the chance to reside in one of the most vibrant and historically rich countries in Europe? Spain’s Investment Visa offers just that—an exclusive gateway for investors and their families to not only explore new horizons but also enjoy the beauty and benefits of living in Spain. Whether you’re investing in real estate, stocks, or a business project, this visa is your ticket to a new lifestyle while contributing to the Spanish economy.
Let’s dive into what Spain’s Investment Visa is, who can apply, and how it could be the investment opportunity you’ve been waiting for.
What Is the Spain Investment Visa?
The Spain Investment Visa, officially known as the Investor Visa, is a residence visa available to individuals who make a significant financial investment in Spain. This visa allows investors and their families to live, work, and study in Spain, with the freedom to travel throughout the Schengen Area. It was introduced as part of the Spanish Law of Entrepreneurs in 2013 to attract foreign investment and foster economic growth.
What makes this visa particularly appealing is that it doesn’t require you to live in Spain permanently to maintain your residency status, unlike other visa options. This flexibility makes it ideal for investors who want to maintain international business activities or split their time between countries.
Who Can Apply for the Spain Investment Visa?
The Investment Visa is available to non-EU citizens who meet certain investment criteria. There are several ways to qualify for this visa, ensuring flexibility for various types of investors:
- Investment in Real Estate: A minimum of €500,000 in Spanish property, which can be a single property or a combination of several, so long as the investment is made without financing.
- Capital Investment: At least €1 million in Spanish companies, venture capital funds, or bank deposits in Spanish financial institutions, or €2 million in Spanish public debt.
- Business Project of General Interest: A project that significantly contributes to job creation, has a socio-economic impact in its region, or advances technological or scientific innovation in Spain.
Additionally, investments can be made through a legal entity as long as the investor holds the majority voting rights and is not based in a tax haven.
A Visa for the Entire Family
One of the most attractive aspects of the Investment Visa is that it covers your immediate family members, making it an ideal solution for those looking to relocate with their loved ones. Eligible family members include:
- Your spouse or unmarried partner
- Children who are financially dependent on you and have not created their own family unit
- Relatives in the ascending line who are in your care
This family-focused approach ensures that as you invest in your future in Spain, your family can share the benefits
Step-by-Step Guide: How to Apply for Spain’s Investment Visa
The application process for the Investment Visa is straightforward but requires careful attention to detail. Here’s a breakdown of the essential steps and requirements:
- Complete the National Visa Application Form: Each applicant must submit a fully completed form.
- Provide a Recent Photograph: A passport-size photo taken against a light background.
- Submit a Valid Passport: Your passport must be valid for at least one year, with two blank pages. Passports issued more than 10 years ago are not accepted.
- Prove Your Investment:
- For real estate, submit a certificate from the Land Register and the deed of sale.
- For capital investments, include certificates from financial intermediaries or the relevant authorities.
- For business projects, obtain a favorable report from the relevant Economic and Commercial Office.
- Financial Proof: You must show you have sufficient financial means to support yourself and your family, equivalent to at least 400% of Spain’s IPREM (Public Multiple Effects Income Indicator), plus an additional 100% for each family member.
- Criminal Record Certificate: Submit a criminal background check covering the past five years.
- Health Insurance: Proof of public or private health insurance contracted with a provider authorized to operate in Spain.
- Proof of Residence: Documents proving your legal residence in the consular district where you are applying.
- Pay the Visa Fee: Visa fees must be paid in local currency at the time of application.
Once your application is approved, you will be issued a residence visa that is valid for one year. After that, you can apply for a residence permit, which will allow you to stay in Spain for up to five years.
Why Consider Spain’s Investment Visa?
Spain’s Investment Visa offers much more than just a path to residency. For many investors, it’s an opportunity to enjoy Spain’s exceptional quality of life, from its Mediterranean climate and rich cultural history to its world-renowned cuisine. Here are just a few reasons why this visa is an attractive option:
- Freedom of Movement: Travel freely within the Schengen Area, consisting of 26 European countries.
- No Minimum Stay Requirement: You are not required to live in Spain full-time to maintain your residency status.
- Access to Spanish Healthcare and Education: As a resident, you and your family can access Spain’s top-tier healthcare system and educational institutions.
- Path to Permanent Residency and Citizenship: After five years of continuous residency, you can apply for permanent residency, and after 10 years, you may apply for Spanish citizenship, provided you meet certain conditions.
Final Thoughts
Whether you’re looking to invest in Spanish real estate, explore new business ventures, or secure a high-quality lifestyle for your family, the Investment Visa offers a flexible, practical, and financially sound way to make Spain your home. With its fast-track application process and numerous benefits, it’s a prime option for anyone ready to combine investment with residency in one of the world’s most beautiful countries.
Don’t wait—this golden opportunity is your chance to unlock a new lifestyle in Spain.
FAQs
- How much do you need to invest in Spain to get a visa? The minimum investment required for Spain’s Investment Visa is €500,000 in real estate. Other options include €1 million in Spanish company shares or bank deposits, or €2 million in Spanish government bonds.
- Can I get a visa in Spain if I buy a property? Yes, if you purchase property worth at least €500,000, you can apply for the Spain Investment Visa. The investment must be free of mortgages or loans for the minimum required amount.
- How do I get an investor visa for Spain? To obtain an investor visa, you must make a qualifying investment, have a clean criminal record, hold valid health insurance, and provide proof of sufficient financial means to support yourself and your dependents. You must also apply for the visa within 90 days of making the investment.
- Is Spain getting rid of the Investment Visa? There have been discussions about reforming the Investment Visa program, especially regarding real estate investments. However, as of now, the program is still available, and any potential changes will be announced by the Spanish government.
- How much proof of funds do I need for a tourist visa to Spain? For a short-term Schengen visa, you need to show at least €100 per day of stay, with a minimum of €900 for the entire trip. However, this is separate from the Investment Visa requirements.
- How long does it take to get residency by investment in Spain? The Investment Visa process typically takes between 1 to 3 months. Once approved, the initial visa is valid for one year, after which you can apply for a two-year residence permit, renewable every five years.
- What are the disadvantages of the Investment Visa in Spain? Some drawbacks include the high investment threshold, potential tax obligations if you stay more than 183 days per year, and possible future changes to the program. Additionally, the Investment Visa does not automatically lead to citizenship.
- What is the 10-year Investment Visa? Spain does not have a specific “10-year Investment Visa,” but if you hold legal residency in Spain for ten years, you may apply for Spanish citizenship, provided you meet the residency and integration requirements.
- Can US citizens own property in Spain? Yes, US citizens can buy property in Spain without restrictions. However, owning property alone does not grant residency unless it meets the Investment Visa investment threshold.
- What is the minimum investment in Spain for citizenship? There is no direct "citizenship by investment" program in Spain. However, if you hold a Investment Visa and maintain legal residency in Spain for 10 years, you may apply for citizenship, provided you meet all residency and integration requirements.
