May.05 2024

Types of Golden visa





Foreigners who make an investment in Real Estate goods in Spain that are worth 500,000 € or more, without liens or encumbrances, are eligible to apply for this visa. The portion of the investment exceeding the required amount may be subject to liens or encumbrances. Accreditation of the investment:

a.The  applicant  shall  provide  evidence  of  having  acquired  ownership  of  the  real  estate  through  a certificate with  ongoing  information  on  the  ownership  and  encumbrances  from  the  relevant  Land  Register  for  the property  or  properties. Such certification shall  include  an  electronic  verification  code  to  allow  for  online consultation, otherwise it must be evidenced by deed. The certificate cannot be older than 3 months.

b.If, at the time of the visa application, the acquisition of the real estate is in the process of being entered in the  Land  Register,  it  will  be  sufficient  to submit  the  aforementioned  certificate  confirming  that  the purchase  document  has  been  entered  for  filing,  accompanied  by  the  documentary  proof  of  payment  of the applicable taxes.

c.If the applicant did not completed the purchase, but there is a provisional earnest money contractor other legally accepted means formalized in a public deed, this provisional contract must be provided along with a certificate issued  by a Spanish  financial  institution,  stating that  the  applicant  has  an  unavailable  deposit of the required amount. In this case, the applicant will be granted an investor visa for a maximum period of 6 months. If  the  investment  is  made  by  a  marriage  with  community  of  property  or  similar  economic  regime,  and  the amount  of  investment  is  less  than  at  least  a  double  of  the  minimum  required  amount,  the  investment  is considered  as  made  by  one  of  the  spouses. The other spouse can apply for residence visa as investor’s dependent.


This  visa  is  aimed  at  investors  with  an  initial  investment  with  a  value  equal  to  or  greater  than 2.000.000 € in Spanish government debt securities, or a value equal to or greater than 1.000.000 € in stocks or shares of Spanish companies with a real business activity, closed-end investment funds or venture capital funds, or bank deposits in Spanish financial institutions.9.Accreditation  of  the  investment: The  applicant  shall  provide  proof  of  having  made  the  investment  for  the minimum  required  amount  within  no  more  than  one  year  prior  to filing the  application,  in  the  following manner:

a.For INVESTMENTSINUNQUOTEDSHARESORHOLDINGS, the copy of the investment statement filed with the Registry of Foreign Investments of the Ministry of Economy and Competitiveness must be submitted.

b.For INVESTMENTSINQUOTEDSHARES,  a certificate  from  the  financial  broker  duly  registered  with  the Spanish National Securities Market Commission or with the Bank of Spain will be submitted stating that the interested party has made the investment for the purposes of this legislation.

c.For INVESTMENTSINPUBLICDEBT, a certificate from the financial institution or the Bank of Spain will be submitted stating  that  the  applicant is  the sole  owner  of  the  investment  for  a  period  equal  to  or  longer than 5years.

d.For INVESTMENTS IN INVESTMENT FUNDS, CLOSED-END INVESTMENT FUNDS OR VENTURE CAPITAL FUND SESTABLISHED IN SPAIN, a certificate from the management company of the fund established in Spain and registered with the Spanish National Securities Market Commission(CNMV).

e.For BANK DEPOSIT INVESTMENTS, a certificate from the financial institution will be submitted stating that the applicant is the sole holder of the bank deposit.

VISA FOR ENTREPRENEURS This  visa  is  aimed  at  investors  with  a  business  project  intended  to  be  carried  out  in  Spain,  that  is  deemed  and proved  to  be  of general  interest,  and  at  investors who  are  intending  to enter  and  remain  in  Spain  for  a  one-year period  for  the  sole  or  primary  purpose  of  making  preliminary  arrangements  in  order  to  be  able  to  develop  an enterprising activity.9.Accreditation of the investment:.

Applicants  must  provide  a favourable  report confirming  that the  business  plan  is  of general interest. The  report  shall  be  issued  by  the  Economic  and  Commercial  Office of  the  geographical  area  in which the investor files the visa application.

A  foreign  national  applying  for  a  visa  will  likewise  be  understood  to  have  made  a  significant  capital investment when the investment is made by a legal person established in a territory that is not considered a tax haven under Spanish law, and in which the foreign national directly or indirectly holds a majority of the voting rights and has the powers to appoint or remove a majority of the members of the board. The investor  is  allowed  to  appoint  a  representative  for  an  adequate  management  of  the  project.  The representative can apply for residence visa for investors in compliance with the established criteria. b. ENTREPRENEURS:  Entrepreneurial activity  will  be  deemed  to  be  any innovative  activity  of  special economic  interest  to  Spain that,  as  such,  has  obtained  a favourable  report  issued  by  the  Economic  and Commercial Office of the geographical area in which the investor files the visa application. In case there are several business partners, the involvement of each of them will be evaluated. In both cases, apart from submitting the favourable report issued by the Economic and Commercial Office, the applicant must comply with general requirements established by this Law.


If you want to know the BASIC ASPECTS of the GOLDEN VISA, you can continue reading in this article GOLDEN VISA: BASIC ASPECTS.

If you want to know the requirements of GOLDEN VISA that can be requested, continue reading in this article: GOLDEN VISA REQUIREMENTS.