Benefits of Getting a Golden Visa in Spain

Date: 11.02.2019

Obtaining a Spanish Golden Visa gives a major investor the opportunity to become a resident of Spain. The main condition and requirement for obtaining it when buying real estate is the purchase of real estate worth 500,000 euros. What are the advantages of the Spanish Golden Visa?

  • You can move freely within the Schengen countries.
  • Upon receipt of the Golden Visa, you and all members of your family ( children and dependent parents ) can obtain a residence permit .
  • After five years of living in the country, you can obtain permanent residence.
  • A big plus is that you get the right to work, which is not something that buyers of properties for a smaller amount get.
  • To extend your residence permit, you only need to enter Spain once during the entire validity period of your visa. That is, you only need to visit Spain for 1 day to extend your residence permit.
  • You can sell one property and buy another in exchange, the main thing is that you own the property at the time of renewal of the residence permit.

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Yuriy Grushetskiy Founder of Deniz Estate