Through Oxbridge, investors can explore the Spanish Golden Visa program, offering a streamlined path to European residency. While the temporary residency permit (Golden Visa) allows renewal without living in Spain, permanent residency and citizenship require the investor and their family to reside in the country. Permanent residency is attainable after five years of living in Spain, and citizenship can be applied for after ten years of continuous residency.
This program is ideal for applicants seeking either full-time residency in Spain or a secondary residency in Europe. For a quicker path to European citizenship, investors may also consider Oxbridge’s Portugal Golden Visa program. Notably, Spain offers an accelerated two-year citizenship pathway for nationals of former Spanish colonies, such as the Philippines and many Latin American countries.
Key Features
- Investment Requirement: Minimum €500,000 in Spanish real estate.
- Eligibility: Clean criminal record and non-EU applicants.
- Residency Benefits:
- Full family residency (including dependent children and family members).
- No minimum stay requirement, interviews, or language tests.
- Visa-free travel throughout the EU Schengen zone.
- Path to Citizenship: Eligible after 10 years of full-time residency in Spain.
Application Process
Initial Consultation
Contact Oxbridge to explore options across Spanish and other golden visa programs, ensuring the right choice for you and your family.
Real Estate Selection
Visit Spain to view and select properties, appointing a lawyer to handle conveyancing. Power of Attorney (POA) allows the purchase to proceed in your absence.
Golden Visa Application
After completing your investment, apply for the Golden Visa either in Spain or at your local consulate. Initial processing takes approximately one month for the one-year temporary visa.
Residency Permit
Travel to Spain to finalize your Golden Visa application. The initial residency permit is issued for two years and can be renewed every five years, provided the investment is maintained.
Spanish Golden Visa through Property Investment
Spain’s real estate market offers value and growth opportunities. Following a low in 2015, property prices have steadily increased, averaging €1,700/sqm in 2022, with a national growth rate of approximately 2% annually. Despite this, prices remain below the 2008 peak of €2,101/sqm, presenting potential value for future investments.
Oxbridge provides expert guidance and support for navigating the Spanish Golden Visa program, ensuring a seamless process from property selection to residency.