Spain

Spain is one of the biggest countries in EU, with an exquisite culture that deems it a popular destination for everything and everyone. As one of the largest economies in EU and the Eurozone, there are always plenty of opportunities for investors although securing a residency there is all about real estate.

Population

46,940,000

GDPR per capita

30,370 USD

GDPR Purchasing Power Parity

1.778 tril USD

Visa-free countries

118

WHY CHOOSE SPAIN?

Spain is a popular holiday destination in Southwestern Europe with amazing nature, and diverse culture and history. It is also a full member of the EU and the Schengen area, meaning that Spanish residents enjoy unrestricted visa-free travel within all of Europe. Its popular investment residency program is extremely fast and uncomplicated, giving you and your family all the benefits without physically having to reside there.

The process is extremely fast, it only takes 10-15 days from submitting the application. However, the applicant must have committed to buying a property before the application can be submitted. This means that you will have to make a visit to Spain prior to application, sign a purchase contract on your chosen property, and open a bank account.

Upon returning home, you transfer the deposit to start the sales process. This can take 2-3 months, after which you can submit your application and receive your RP.

You can apply for permanent residency after 5 years of holding a Spanish RP, and for citizenship after 10 years of legal residence in Spain.

Under the family reunification scheme, your spouse and children under 18 can be granted residence permits once the main investor has been approved. Children above 18 and parents can also qualify, provided they are financially dependent on the main investor.

As soon as your residence permit is granted, you and your family will have full visa-free access to all 26 countries of the Schengen zone in Europe. If you acquire Spanish citizenship, you’ll have visa-free access to over 150 countries including the EU, UK, Australia, Canada and the USA.

Interested in this country?

Location

Southwest Europe bordering France and Portugal

Capital

Madrid

Timezone

GMT +1

Language

Spanish (official) 99%, Catalan 19%, Galician 5%, Basque 2%

Government Type

Social Representative Democratic Constitutional Monarchy

Currency

Euro(EUR)

Total Area

550,990 sq.km

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