Thinking of leaving Brazil through investment or business? With Golden Visa in Spain this is possible!
It’s a new type of residence directed towards people who are not spanish citizens and want to enter in spanish territory to invest.
The law distinguishes two groups: capital investments (in public debt, public stocks of spanish companies, bank deposits in spanish financial institutions and through the acquisition of real estate goods); and other investments (starting a public interest company, highly qualified professionals and transactions within the same company).
Yes. The Golden Visa allows the investor to move freely through the Schengen Zone: Germany, Austria, Belgium, Denmark, Slovakia, Slovenia, Spain, Estonia, Finland, France, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxemburg, Malta, Norway, Netherlands, Poland, Portugal Czech Republic, Sweden and Switzerland.
Yes, so long as the person does not exceed the required 183 days in the country where they are fiscal residents. Besides, the residence authorization may be renewed, even if there are absences of more than six months a year.
Yes, the golden visa allows those who possess it to reside and work in Spain. That results from the Cuarta Disposición Adicional de la Ley, which foresees only one procedure to solicit a residence and work authorization.
The residence visa allows staying in Spain for a year. After that, the residence authorization can be obtained for a two year period, renewable for two more years if the investment maintenance is proven.
Yes. The visa requests are concluded and notified in 10 work days, while the maximum deadline to resolve residence authorizations is of 20 days after presenting the request, with a positive answer.
By the requestant, but it can also include family members who are with them in which case the authorization can be solicited along with the requestant’s authorization and visa. However, they must follow the overall conditions and prove family bond through birth/marriage certificates.
Family members are spouses and children under 18 years old, or over 18 but who are objectively incapable of providing for themselves due to some type of health issue.
Yes. When acquiring real estate properties, the requestant must demonstrate their financial capacity of making a 500.000 euro investment, free of any taxes. However, an investment in a value superior to the necessary amount may lead to commissions and taxing.
Yes, the legal reference for active real-estate properties does not mean one single property, or only one kind of property. Anyhow the investment must be made before soliciting the visa.
It can be solicited, but it will not be granted automatically at the end of this period. In this case a continuity test of residency must be made to obtain the permanent residence permit.
To obtain permanent residence it is necessary that the foreign citizen has lived legally and effectively in Spain during five years. Also, for it to be considered, the period lived outside in Spanish territory must be inferior to 6 consecutive months and must not exceed a total of 10 months, during the referred 5-year period.
Yes. The period legally lived in Spain will be taken into consideration to solicit permanent residence in Spanish nationality.
Yes but with a few observations. The authorization of residence to investors must have an initial two-year period, after which the license may be renewed every two years for indefinite time, in case the investments are effective and check all necessary conditions.
No. The investor’s permit is necessary and it is valid only for one year. During that time the residence authorization may be solicited at any moment without having to wait until the end of the one-year period.
No. The law only applies to Investments made after september 29th 2013, date in which the law was enforced, as indicated in 13th final disposition of the same law.