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Golden Visa

Posted: Thu Mar 25, 2021 10:55am
2 replies106 views2 members subscribed
Jeffcore

Posts: 103

35 helpful points

Location: Los Alcázares

Joined: 10 Jan 2018

I understand one option for obtaining the Golden Visa is an investment in property of >€500k. Does that have to be a future purchase or can it relate to existing ownership? I also have seen that private health insurance is required. Does this apply to pensioners? I know these questions are best put to the professionals but I am trying to get a friend to seek help. Any help is appreciated.

Jeff

eduardo3332

Posted: Fri Mar 26, 2021 12:30pm

eduardo3332

Super helpful member

Posts: 1570

1178 helpful points

Joined: 21 Jan 2016

Posted: Fri Mar 26, 2021 12:30pm

Jeffcore wrote on Thu Mar 25, 2021 10:55am:

I understand one option for obtaining the Golden Visa is an investment in property of >€500k. Does that have to be a future purchase or can it relate to existing ownership? I also have seen that private health insurance is required. Does this apply to pensioners? I know these questions are b...

...est put to the professionals but I am trying to get a friend to seek help. Any help is appreciated.

Jeff


Who Can Apply for a Spain Golden Visa?

You qualify to apply for a Spain Golden Visa if you fulfill all the following conditions:

  • You have proof of having made one of the investment options.
  • You are over the age of 18.
  • You obtain valid health insurance in Spain.
  • You have enough financial means to sustain yourself and any family members.
  • You have a clear criminal history in any of the places you have lived in.
  • You are not in Spain’s list of undesirable people.
  • You have no rejected Schengen Visas
  • You can apply for a Golden Visa for Spain if you make one of the following investments:

    Investment typeInvestment amountGolden visa typeInvestment in real estate propertyAt least €500,000Residency Visas for Acquisition of Real Estate (RIV)Investment in shares in a company or deposit in a Spanish bankAt least €1,000,000Residency Visas for Capital Investors (RIC)Investment in the Spanish public debtAt least €2,000,000Residency Visas for Capital Investors (RIC)

    You can also invest in a new business that will create employment opportunities for Spanish citizens, contribute to innovation in the fields of science or technology, and make a significant socio-economic impact.

  • These documents you need to submit to support your application are:

    • The Spanish long stay visa application form. 
    • Two passport photos.
    • Your valid passport. It must be issued within the last 10 years.
    • Proof of country of residence.
    • Proof of investment. All documents proving the type and amount of your investment as well as the origin of your money.
      • Residency Visas for Acquisition of Real Estate:
        • Certification containing information of the dominion and taxes of the Land Registry, which corresponds with the property purchased.
      • Residency Visas for Capital Investors:
        • A copy of a statement of investment made in the Registrar of Foreign Investments of the Ministry of Economy and Competitiveness, in case of investment in unlisted or company shares.
        • Certificate of a financial intermediary, duly registered with the National Commission of the Stock Market or the Bank of Spain in case of investment in listed shares.
        • A certificate of the financial institution or the Bank of Spain, if the investment is made in government bonds.
        • In the case of a bank deposit investment, a certificate from the financial institution.
      • Police Clearance. Submit this document in original, photocopied and translated. It must be no older than 90 days at the time of application.
      • Proof you have sufficient economic funds to support yourself and your dependents while in Spain.
      • Medical Insurance purchased from an authorized Spanish provider.
      • A medical certificate, which confirms you do have any disease that poses risks to the public health.


Jeffcore

Posted: Fri Mar 26, 2021 9:08pm

Jeffcore

Original Poster

Posts: 103

35 helpful points

Location: Los Alcázares

Joined: 10 Jan 2018

Posted: Fri Mar 26, 2021 9:08pm

Thanks Eduardo. I may be missing something but i dont see how that definitively answers the question. Does the 500k have to be a new investment relating directly to the visa application or can property already owned and valued at that price be applicable?

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