How to obtain a Golden Visa in Spain.
![How to obtain a Golden Visa in Spain. How to obtain a Golden Visa in Spain.](/media/images/news/thumbnails/00e78ea50be4a2d875b9b22fdfb02b74_850x566.jpeg)
Obtaining a golden visa in Costa Blanca, Spain, follows a specific process designed to attract investors and individuals willing to make significant financial contributions to the country. Here's an overview of the typical steps involved:
Eligibility Check: The first step is to ensure that you meet the eligibility criteria for the golden visa program in Spain. Generally, this involves demonstrating that you have the financial means to invest in the country as per the requirements of the program.
Investment Selection: The golden visa program in Spain typically requires investors to make a qualifying investment in the country. Common investment options include real estate, business projects, government bonds, or certain financial deposits.
Investment Execution: Once you've chosen your investment option, you'll need to execute the investment according to the guidelines set by the program. This might involve purchasing property, investing in a business, or making the required financial deposit.
Documentation Preparation: Prepare all the necessary documentation required for the golden visa application. This often includes proof of investment, background checks, financial statements, health insurance, and other supporting documents.
Visa Application: Submit your golden visa application to the Spanish authorities. Depending on your location and circumstances, you may apply directly to the Spanish consulate or embassy in your country, or you may apply within Spain if you're already residing there.
Background Checks and Processing: Spanish authorities will conduct background checks and process your application. This might involve verifying your financial standing, ensuring that your investment meets the program's requirements, and checking for any legal or criminal issues.
Approval and Visa Issuance: If your application is successful, you'll receive approval for your golden visa. This will grant you permission to reside in Spain and enjoy the benefits associated with the program. You'll typically receive a residence permit initially, which can later lead to permanent residency or citizenship depending on the specific program and your continued compliance with its requirements.
Residency Requirements: Once you've been granted the golden visa, you'll need to comply with any residency requirements set by the program. This may include spending a certain amount of time in Spain each year to maintain your residency status.
It's essential to note that specific requirements and procedures may vary depending on the particular golden visa program in Spain and any updates or changes to immigration laws. Therefore, it's advisable to consult with immigration experts or legal professionals familiar with the current regulations when pursuing a golden visa in Costa Blanca or any other region in Spain.
*Update 04/2024. The current government has decided to eliminate the golden visa program.
If you are interested in finding another way to obtain Spanish residency, please do not hesitate to get in touch.