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SPAIN-RESIDENCE

Only one visit to Spain per year is required to maintain the permit 

The Spain Golden Visa can easily be renewed every two years

You obtain the right to work as an entrepreneur or employee once you’ve been granted the 2 years permit

Spanish Residence permit extends to Spouse and children below 18 years of age 

No interview, language test, education or management experience required

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SIMPLE PROCESS

Freedom of movement in the 29 Schengen countries

Allowed to stay and work in Spain

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GLOBAL MOBILITY

You could obtain Spanish citizenship if you comply with some requirements as follows:

The first step is to get a residence visa which is valid for a maximum of one year (Golden visa)

The second step is to apply for a 2 years residence permit which can be renewed every two years, provided your investment is still in place

If you have spent at least 6 months in Spain every year, after 5 years you can apply for a permanent residence of 5 years  

After you have reached 10 years under the conditions above you can apply for the Spanish nationality

Limited taxation if you are in the country for less than 6 months per annum you only pay taxes on the initial purchase of your real estate and thereafter on the value of your assets in Spain, if any

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ADDITIONAL ADVANTAGES

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To be eligible for residency in Spain under its residency by investment programme, the applicant is required to make a property investment in Spain’s real estate market.

REAL ESTATE INVESTMENT 

Located on the Iberian Peninsula in South Western Europe, Spain is a member of the European Union, Eurozone and the Schengen 
Agreement. Spain is also a member of the United Nations, the OECD and NATO. It is a developed country with the thirteen largest economy in the world by nominal GDP and has high living standards with the tenth-highest quality of life index rating in the world.
Spain is the third most popular tourist country in the world, and it is not hard to see why. Every region has its own characteristics which are still very much influenced by the different cultures, languages, and geographies of the separate kingdoms that once ruled them, which in addition to all, the sun, sea and sand, explains why it is such a fascinating and popular holiday destination.

The Spanish “Golden Visa” Law was introduced in 2013, allowing non-EU citizens and members of their families the opportunity to obtain a Temporary Residence Permit. The Temporary Resident Permits will also be granted to Spouses and any dependent children (under 18 years of age) but will not give the resident benefits such as free healthcare and education or other social benefits and so the investor and his or her family must have health insurance and be able to show sufficient financial resources to support themselves.

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On the 27th September 2013, the Spanish Government introduced Law 14/2013, in support for entrepreneurs and internationalization, to give non-EU citizens and members of their families the opportunity to obtain a Spanish Residence Permit in exchange for carrying out Real Estate investments in Spain whose value exceeds € 500,000 Euros. The purchase can be made by an individual or through a legal entity (company) that is 100% owned by an individual but in either case, the purchase must be in full and free of any charge (without using a bank loan or mortgage).
The Spanish Residence Permit is granted indefinitely but will require the Owner to visit Spain once each year to renew and to receive the replacement EU National Identity Card.

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Citizenship Invest appoints a Document Collection Specialist for each case. The firm offers a bespoke service that simplifies the application process, requesting from clients the bear minimum. Our job is to simplify the document collection as much as possible and when required we obtain the documents for the client without their involvement. Please note the below list is to be used as a guideline only, after assessing the particular case Citizenship Invest prepares a personalized checklist.

The Spanish “Golden Visa” Law was introduced in 2013, allowing non-EU citizens and members of their families the opportunity to obtain a Temporary Residence Permit.

GOLDEN VISA PROGRAM

Client signs CI Retainer Agreement and pays the retainer invoice

The client chooses the property remotely. If the client wants to go to Spain to choose a property, then the client will then need to go to the Spanish Consulate of his residence (or Country of origin) and apply for a Tourist Visa


WEEK 1-2

The lawyers execute the purchase of the property and all investment documentation is collated. At this point, property purchase costs and taxes will be payable

N.B. The property sale contract will be subject to successfully obtaining the residency visa.
All documentation for the Residency Application is finalized

Once the file is ready it is submitted to the Government, at this point Government Fees are payable

File Submission Payment of CI Professional Fees is payable.

WEEK 2-8	

Once the Government has reviewed the file, officials advise CI as to whether the applicant has been given Residence Visa approval.

WEEK 8-9

The client is issued with a Residence Visa.
This is valid for 1 year however as this doesn’t allow the client to work in Spain, the client can apply for the 2 year Residence Permit straight away if they want to work in Spain. CI final Professional Fees are paid.

WEEK 10-11

The estimated time to receive residence visa approval depends on the due diligence processing time and the specific case.