Spain is brimming with culture and history. Whether you walk the Santiago de Compostela, or admire Segovia’s 2,000-year-old Roman aqueduct, there’s plenty here that beckons to be explored. Spanish residents enjoy unrestricted travel throughout Europe and a high quality of life. Additionally, Spain boasts one of the highest life expectancies globally.
Population:
47.2 million
Language:
Spanish
Economy:
Capitalist, with a well-balanced mix of manufacturing, services, and agri-food industries.
Currency:
Euro
Spain is one of the world’s most desirable destinations, attracting millions of visitors each year with its stunning landscapes, beautiful beaches, diverse culture, and rich history. It is also a highly sought-after location for investors. For those wishing to live in this vibrant country, the Spain Residence by Investment Program offers the most efficient path to residency. The Spanish government has allocated a substantial number of visas for individuals willing to make significant, qualified investments that boost the economy through foreign direct investment.
Through the residence by investment program, individuals and their immediate family members can obtain a temporary residence permit in Spain in less than a month. Following the general immigration rules and requirements, these residents can apply for permanent residence after five years of continuous stay in Spain, with the possibility of acquiring Spanish citizenship thereafter.
To qualify for the Spain Residence by Investment Program, a foreign individual must complete one of the following investments in Spain:
- Purchase real estate worth at least EUR 500,000 (can be a single property or multiple properties).
- Invest at least EUR 1 million in investment funds, bank deposits, or listed company shares within Spanish financial institutions.
- Invest a minimum of EUR 2 million in government bonds.
Applicants must provide documentary evidence of the investment as part of the application process.