Golden Visa — how to obtain the residency in Spain

To obtain this visa the applicant must fulfil the following requirements:

not to have entered or stayed illegally in Spain.
have to be 18 years old or more.
not to have been refused entry in any of the Schengen countries.
have public or private health insurance authorized to operate in Spain.
have sufficient economic resources to cover personal and family living expenses.
prove ownership of one or more immovable properties in Spain with an overall net investment over 500,000 euros.
proof of the investment must be made through a Property Registry certificate that confirms the ownership. If the ownership title is not registered yet it can be made through a copy of a Public Deed and a proof of its submission to the Property Registry.

a flexibility: there is no requirement to reside in Spain.
once an investment is made you receive a one-year investor visa that allows you to spend 1 year in Spain.
after this first year it is possible to apply for 2 years recidency that can be renewed for another 2 years so many times as you want so long as the investment threshold of 500.000 euros is maintained.
after living in Spain for 5 years there is a right to obtain a permanent 5-year residency visa which is then renewable every 5 years.
a possibility to travel without a visa within the 26 European countries of the Schengen zone.
a right to obtain a full family residency.
a right to work in Spain.
the couples that purchase properties together are not required to invest 500,000 euros minimum individually.
a possibility to purchase properties in Spain directly or indirectly through a company as long as the investor owns the majority of shares.

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