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The Golden Visa for non-EU citizens

A gateway to Spain

Das Goldene Visum, auch bekannt als “Investorenvisum”, ist eine Initiative der spanischen Regierung, um ausländische Investitionen im Immobiliensektor zu fördern. Es bietet Nicht-EU-Bürgern, die in Spanien Immobilien im Wert von mindestens 500.000 Euro kaufen, die Möglichkeit, eine Aufenthaltsgenehmigung zu erhalten. Aber was genau bedeutet das und welche Vorteile bringt es mit sich?

mallorca insights golden visa real estate Mallorca - Luxury properties, fincas and luxury apartments for sale in Mallorca - Claus von Benz Real Estate Mallorca

1 What is the Golden Visa?
The Golden Visa is a special type of residence permit granted to non-EU citizens who make significant investments in Spain. The best known and most commonly used method of obtaining this visa is the purchase of real estate worth at least 500,000 euros. However, there are also other investment opportunities, such as the purchase of government bonds or the creation of jobs.

2. advantages of the Golden Visa

  • Stay in Spain: Holders of the Golden Visa and their family members can live and work in Spain without having to constantly apply for a visa.
  • Freedom of movement in the Schengen zone: The Golden Visa makes it possible to travel not only in Spain but in all Schengen countries, making it a valuable document for business people and travel enthusiasts.
  • No obligation for permanent residence: Although you have the right to live in Spain, there is no obligation to do so. This means that you can use the property as a vacation home or rent it out without being permanently present in the country.
  • Possibility of extension: The Golden Visa is initially granted for two years, but can be extended as long as the investment remains.

3. requirements and process
To apply for the Golden Visa, investors must:

  • Buy a property worth at least 500,000 euros.
  • Have a Spanish tax number (NIE).
  • Present a valid passport and other necessary documents.
  • Prove that they have sufficient financial means to support themselves and their family in Spain.
  • Take out health insurance that is valid in Spain.

Conclusion
The Golden Visa is an excellent way for non-EU citizens to benefit from the advantages of living in Spain while investing in the Spanish real estate market. It offers a win-win situation for investors and the Spanish economy, opening the doors to a life of opportunity under the Mediterranean sun.

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