Spain is rightfully considered to be one of the ultimate lifestyle destinations, and you can easily agree with this after getting to know its country and people.
Breathtaking landscapes, picturesque beaches, award winning gastronomy, rich
cultural and historical heritage, wonderful climate - among other things - attract
people from all over the world to make Spain their second home.
Whether you’re a tourist who is willing to enjoy the Spanish lifestyle for more than 90 days, or you feel you want to relocate and start a brand new life under
the sun, - Golden Visa is a perfect way to avoid bureaucratic headaches and feel welcome and comfortable in a new place.
Golden Visa Program was launched by Spanish Government back in 2013 and since then has attracted a huge amount of investors from all over the world who wish to obtain their access to the EU; it is now especially popular among British citizens with the onset of BREXIT.
To be granted this type of residence permit, you would need to invest at least €500.000 from your own pocket in either real estate, business, government bonds or a bank deposit. Anything above this amount can be financed by a mortgage.
If you are after a real estate investment, any type of property investment is valid, be it residential property, commercial property or land. It can be a single or several property units with no restrictions on legal property use, meaning you can further rent out your house or flat. Golden Visa is valid as long as the investment is being held.
This Visa scheme is highly beneficial for non-EU citizens in many ways. It allows
investors to gain residency together with the right to work, get education and travel throughout the EU Schengen areas. Golden Visa application includes family members - spouses, children under 18 years, disabled or dependent children over 18 years, and dependent parents, - who will also benefit from the same rights.
It is also worth mentioning that the application process is relatively simple and
quick once all the requirements are met and usually takes about 60 days or less.
To be eligible to apply for this type of residence permit, you would need to prove you have sufficient financial assets to maintain yourself and your family, have a clean criminal record, and possess medical insurance which provides coverage in Spain.
Another great point is that there is no minimum stay requirement, so there is no need to live in Spain if you only plan to come here for vacations. On the other hand, there is a possibility to obtain permanent residence after 5 years of continuous residency and Spanish citizenship in 10 years.
It’s clear that becoming a property owner in Spain is beneficial in many ways - you are actually investing in a terrific lifestyle with the sea at your toes and an average of 320 days of sunshine per year. Our professional real estate agents will be happy to help you with the search of your dream home in Marbesa and Costa del Sol, whether you want to build a house off-plan, buy a villa, or acquire a plot with licence and project.
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