+34 950 466 112 info@grupoplatinum.com

Gold visa for non EU national

Gold visa for non EU national

Gold visa for non EU national

The long anticipated legislation granting non-EU nationals automatic Spanish residency via property investments has now officially been finalized on 29 September 2013. Buy a property in Almeria Spain, Murcia, alicante or Malaga.

After having been approved by the Spanish Parliament, the law has been officially published in the state Gazette (BOE), opening the door to thousands of potential investors.

The new legislation states that investors outside of the European Union who spend half a million euros or more on residential, commercial property or land in Spain will qualify for a visa allowing them to stay in Spain for 12 months (up from the current 90 days), plus a further two-year residency permit, renewable every two years.

The law is also retroactive, allowing those who have already invested half a million Euros or more on Spanish real estate to be granted residency.

Spain is now granting the Golden Visa to non-EU citizens, on condition that one of the following investments is carried out in Spain:

SPAIN RESIDENCE PERMIT:

  • Purchase of Spanish real estate of at least 500.000 €  Investment in multiple properties and co-ownership allowed.
  • Capital transfer of at least 1.0 Mn € into the Banking System or Spanish Companies  To be invested in any type of business or company.
  • Creation of a Business Venture leading to job creation, local economic development or scientific/technological innovation
  • Investment in Spanish Debt Bonds of at least 2.0 Mn €   Major shareholders of foreign companies who invest in Spain may individually obtain the Golden Visa.

Some addition things to consider,..

1.    No minimum stay means no necessity to be tax resident

2.    Permanent residency can be applied for after five years

3.    Property investment can be sold once permanent residency obtained

4.    Visa allows unlimited travel throughout EU Schengen visa zone

5.    Application takes a maximum 20 days

6.    Investment must be made before application

7.    Positive acceptance (usually only a criminal record will prevent acceptance)

8.    Citizenship in Spain can be granted after five further years permanent residency

9.    With Spanish citizenship comes automatic EU citizenship.

10.  At that point (10 years) family can live, work and study anywhere within Europe.

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We offer properties along an incredible coast line. Including the Costa de Almeria, tucked away in Spain’s south-east corner, between the Costa del Sol and Costa Blanca. Despite its claim to fame as Spain’s sunniest spot, it’s managed to stay off the radar of most holidaymakers. It means golden beaches and rugged desert scenery are yours for the taking, and there are oodles of traditional hilltop villages where you can get a taste of old-school Spanish life. Covering a huge area, full of possibilities.

Contact

Oficinas: C/ El Puntal, 2A, 04648 San Juan de Los Terreros, Almería

Teléphone: +34 950 466 112

Mobile: +34 666 687 251

Email: info@grupoplatinum.com