The Golden Visa for Spain is a residence visa issued to a non-EU national who intends to make a significant investment in the Spanish economy. The visa offers the holder and their family members residency in Spain and visa free access to the Schengen Zone.
How to obtain it:
As long as you invest 500.000€ (taxes not included) in Spanish real estate, the golden visa will be yours. It is to be noted that such a sum does not have to be invested into one single property, yet can be divided into several units. One key point to note is that the Golden Visa states that the investment must be to the amount of €500,000 per person. Therefore, if a purchasing a property to the value of €750,000, 75% of the property (€500,000) must be in one person’s name for them to qualify for the Golden Visa. It is basically
500,000 Euros investment per person. The golden visa has increased in popularity since Brexit, not only will you be investing in a beautiful property in one of the most desired locations of Europe, but you will also be free to travel to other incredible places. A small price to pay for such a life-changing document.
What are the benefits?
You can travel visa-free to all Schengen Zone countries for up to three months in a sixmonth period, as can your family members. You will just need to visit Spain once per year in order to renew it, avoiding the need to become a tax resident in the country (hence being able to enjoy better tax conditions) You do not have to live in Spain to renew the residence permit – but you can if you want to. However, if you do, you become eligible for permanent residence after 5 years. And able to apply for citizenship after 10 years of
residence You can work and live in Spain legally. The Spanish health and education systems are opened for you to enjoy and make use of. You can bring your family members with you (spouse, children, and dependent parents) Please do get in touch and we would be delighted to discuss further and work out the best solution for your individual circumstances.
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About Us
IPP Spain is a family run real estate agency which has been working on the Costa del Sol for 20 years. We look after clients wanting to buy property from Malaga all the way to Estepona - from studios and apartments to multi-million euro villas. Some people are looking for their dream second home, others want a lucrative holiday rental property and many are now relocating to Spain for a change in lifestyle.
We are a mix of Spanish and English speakers and our aim is to make the property buying experience in Spain a pleasure for our clients.
We help them every step of the buying process, including support finding Spanish mortgages and connecting them with our own lawyers who offer a special discount for our clients.
We also offer a property management service for those clients who wish to rent out their properties for winter or long-term rentals.
We have access to all the new build projects, saving you a lot of time and being able to guide you with our market knowledge. Buying directly from the developer will not save you any money.
