Spain Golden Visa
Spanish Golden Visa is a type of resident permit that is issued to Non-EU nationals who have €5000, 000 investments in the economy of the country. Golden Visa is officially known as the Spain investor visa. In this article, I am going to tell you the requirements for a Spain Golden Visa. So, read this article from start to end to know about the requirements to apply for Spain Golden Visa.
If you face any type of issue in obtaining Visa or residence permit in Spain then you can take the services of law firms like Consuelo Hernández for proper guidance.
Requirements for a Spain Golden Visa
The requirements for applicants to apply for a Spanish Golden Visa are mentioned below:
- Applicant must have the proof of the investment that they made
- Applicant must be over age of 18 years
- Applicant must obtain a valid “Health Insurance” in Spain
- Applicant should have enough financial sources to support him and family members
- Applicant must have clear criminal history at any place they live before
- Applicant must not be a part of the Spain’s list of unwanted people
- Applicant must not rejected for Schengen Visas
If you fulfill all the above requirements, you can apply for Golden Visa in Spain
What documentation do I need for a Spain Golden Visa?
If you want to apply for Spain Golden Visa then you should submit following documents with your application:
- A Visa Application for long stay in Spain
- Two passport photos
- A valid passport that is issued within the last ten years
- A certificate of clear criminal record from the country where you have lived in previous five years
- Documents that proof your investment and detail of the sources of money for investment
- Health insurance from Spanish licensed insurance company
- Document that proves you have sufficient amount of money to support yourself or any family member
- Document that prove financial dependence of any family member if you have any
What are the advantages of a Spain Golden Visa?
The major advantages that you can get by Spanish Golden Visa are as follows:
With the golden Visa:
- you and your family member will get residence permit that allows you to live in Spain
- You and your family members can travel to all the Schengen Countries without Visas
- You can visit Spain anytime even if the country’s borders are closed for tourism
- Golden Visa allows you to be a permanent Spanish residence after five years
- Investor’s children are eligible to study in Spain
- You and your family members can get quality medical services in the clinics throughout the Schengen Countries
What taxes are there for a Spain Golden Visa?
The taxes that you need to pay in Spain with golden visa are mentioned bellow:
- You must pay “income tax” for the income you generate both in Spain and in other country
- You need to pay “Capital Gain Tax” if you make any profit by selling your asset like company share that moves 19% to 23%
- You need to pay “Wealth Tax” but it is applied to highly significant assets. This tax can vary relying on the region where you live in Spain
