In 2013 Spain initiated a golden visa program. An investment of Euro 500,000 in real estate will help acquire residency for the applicant, his spouse and children. According to Spain Investor Visa Consultants after five years one can gain permanent residency and after a decade it is possible to become a citizen. Spain Investor Visa Consultants in india says it is not needed to stay in Spain in order to be able to renew the residency permit.

Investor visa programs are a popular way for high net worth individuals to migrate abroad with their family. It is quite natural that most would seek to live in a First World nation and being a resident of Spain allows one the freedom to roam through EU without any visas and permits. The application for investor visa has to be very thorough. It is necessary that one be guided by experts in the procedure otherwise there is a possibility of the application being rejected.

Spain Investor Visa Consultancy provides all types of support and help to any applicant. There is adequate scrutiny of any application by Spain Investor Visa Consultancy in india. This ensures a smooth transition from India to Spain and a seamless transfer of citizenship.

• Investment Name: Spanish Golden Visa
• Minimum Investment: Spanish Law 14/2013, allows non-EU investors to qualify for Spanish residency under the golden visa program. The following investments qualify for spanish golden visa.
  • -Real estate assets (€500,000)
  • -Shares or bank deposits (€1 million)
  • -Public debt (€2 million)
• Visa Type: Residence permit issued for 2 years (renewable after).
• Processing time: 2 to 4 weeks
• Minimum Stay Requirements: No minimum stay requirements. A visit to Spain atleast once required.
• Permanent Residency (PR): After 5 years (absence of stay in spain over 6 months per year does not qualify for PR)
• Spanish citizenship: After 10 years of uninterrupted residence.
• Spanish passport: Spanish passport holders can visit these countries without visa.
• Spanish Company Types: The common two types of companies incorporated in spain:
  • “Sociedad Limitada” –“Limited Company” (share capital €3000)
  • “Sociedad Anónima” –“Public Company” (share capital €60,000)
• Taxes: Taxes does not apply as long as you dont live for more than 6 months.
• VAT: Spain VAT is 21%
  EU VAT is charged when invoicing to Business-2-Consumer and Business-2-Business transactions within European Union VAT system. EU VAT is exempted when a EU registered firm quotes a valid VAT number in their invoice. EU VAT does not apply for transactions outside EU.
  For example, if VAT is 10%, Product X (from Germany) costs€100, the net amount charged to Mr.Y (France) is€110.
• You cannot Apply:
  • If you have visa denial to schengen countries, UK.
  • If you have past criminal record.
  • If you are a threat to safety and security of the country.
  • If you fail due diligence test
  • If you are from blacklisted country or trade embargo imposed.
• Double citizenship: Spain allows dual citizenship only with spanish speaking countries (most cases renounce previous citizenship). Please check with your home country to see if double citizenship allowed.