Spain Golden visa
The Spain Golden Visa is a residency-by-investment program designed for non-EU citizens who invest in Spain. It provides fast-track residency, the right to live and work in Spain, and visa-free travel in the Schengen Area.
Key Benefits
BenefitDetailsFast processingApproval typically within 1–3 monthsLive & work in SpainYou can legally reside and work (if you choose)Schengen travelVisa-free access to 29 Schengen countriesFamily includedSpouse/partner, dependent children, and dependent parentsNo minimum stay requiredYou can keep residency even if living outside SpainPath to permanent residency & citizenshipPR after 5 years, citizenship after 10 years (with conditions)
Note: Some nationalities (Latin America, Philippines, Equatorial Guinea, Portugal) can apply for citizenship after 2 years.
Investment Options
You must choose one of the following eligible investments:
Investment TypeMinimum AmountReal Estate€500,000 (property can be single or multiple units)Spanish Company Shares or Bank Deposit€1,000,000Government Bonds€2,000,000Business InvestmentNo fixed minimum — must create jobs, innovation, or economic interest
Most applicants use the real estate route (€500,000 minimum).
Validity & Renewals
StageDurationFirst residence permit2 yearsRenewal5 years (if investment maintained)
You do NOT need to physically live in Spain to renew — only maintain the investment and visit once every year.
Family Members Included
The Golden Visa allows you to include:
Spouse or registered partner
Children under 18
Adult children financially dependent & studying
Dependent parents
Each receives their own residency card.
📄 Requirements
Clean criminal record
Proof of investment before applying
Health insurance in Spain
Sufficient financial means (approx. €30,000 main applicant + €10,000 per dependent yearly)
Application Locations
You can apply either:
In Spain after entering with a Schengen visa
From your home country via the Spanish consulate
Taxes
You only become a Spanish tax resident if you spend over 183 days/year in Spain.
If you don’t live in Spain full-time, you’re considered a non-resident taxpayer, with lower obligations (mostly on rental income if applicable).
Best Locations for Investment
Popular areas include:
Madrid
Barcelona
Valencia
Costa del Sol (Marbella, Málaga)
Alicante
Mallorca / Ibiza
Rental yields are highest in Madrid, Barcelona, Valencia, and Málaga.