Legal Tips on Spanish Golden Visa
Dear clients and Readers,
Over the past few months, we have detected an increasing number of clients who are considering selling their properties in the UK and using the money to buy 1 or more properties in Spain, in order to be eligible for the Golden Visa.
Subsequently, we are receiving a lot of enquiries asking us how and where to apply for the GOLDEN Visa in Spain. This post, although is not intended to provide specific legal advice, aims to give you some useful tips on the matter.
In the first place, the Spanish Golden Visa (or “Property Visa“) grants automatic residency in Spain when you purchase property for 500,000€ or more. This can be any type of property: home, commercial, land, or a combination of properties.
DIFFERENCES WITH THE STANDARD VISA APPLICATION (TOURIST OR LONG TERM).
As opposed to the standard visa the golden visa does not require you to be in Spain 183 days of the year. After obtaining your golden visa, you can keep renewing the visa, as long as you do not sell your property. A golden visa is in reality the best way to achieve one’s path to EU residency, considering the difficulties and obstacles faced by the majority of UK citizens who are striving without very much success for the moment to get “standard residency” in Spain.
Usually we are advising our clients to apply when they are in the process of buying the property, so the application can be done simultaneously.
In those situations where you have already own a property but with a value lower than the minimum required, you would just need to consider for example purchasing a 2º property, which value would be added in order to reach the 500.000 euros.
Therefore, if you are trying to become resident and are in the process of investing in Spain a minimum of 500.000 euros, and you might wish to discuss about your specific situation, we will be glad to help and provide you with some useful legal tips, as we are a law firm specializing in complex immigration and residency matters in Spain.
Therefore, as a preliminary step, do not hesitate to get in touch with us, either by:
1. Calling us or sending us a WhatsApp now to (0034) 687 88 88 73.
2. You can also use our e-mail form at the top of the sidebar of your screen, or alternatively, you can send us e-mail to firstname.lastname@example.org or through our contact section.
We have online legal consulting services, and our commitment, we’ll respond to your e-mail inquiry in less than 24 hours.
Finally, thank you very much for your attention, and in case you might have any question or doubt at all, please do not hesitate to contact us and we will be glad to clarify immediately.
We look forward to helping you and the benefit of our “know-how”.
Mr Oscar Ricor
“NON-PRACTISING ENGLISH SOLICITOR IN ENGLAND AND WALES”, under the “Solicitors Regulation Authority” (SRA) SRA number 519196 and practising Spanish Solicitor.