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.