New research shows that the Spanish Golden Visa program remains the top choice for European investors in the first half of 2022.
Through the Golden Visa program, third country citizens are eligible for a Spanish residence permit. And apply for family reunification for their family members, and they can further obtain permanent residency and citizenship.
Number of active Spanish golden visa holders
As long as you purchase real estate worth not less than 500,000 euros in Spain, you can legally live and work in Spain and travel freely within the Schengen area.
01
Application advantage
Applicants can bring their legal spouse, children under the age of 18, or unmarried and financially dependent children, parents and parents-in-law who are not financially independent to apply together. It is truly possible to apply for one person and immigrate for three generations.
Spain's immigration policy is loose and the application conditions are simple. No language requirements, no business academic background requirements, and no restrictions on residence requirements after the residence permit is issued.
The types of real estate are civil residences, commercial land, wineries, farms, etc. One or more sets of real estate can be purchased with a total price of 500,000 euros.
02
Identity advantage
With a Spanish residence permit, you can freely enter and leave the 26 Schengen countries, making it extremely convenient for business travel and vacation travel, and you can legally work or start a business locally. Have the right to education, enjoy the benefits of the public health system and the right to appeal.
Origin of Spanish Golden Visa Investors
Spanish Permanent Residency Status (PR) can be issued to those who have held a legal residence permit for more than 5 years and have lived for at least 183 days in each of the past 5 years.
Spanish citizenship and passport can be issued after holding a legal residence permit for at least 10 years, living for at least 183 days per year in the past 5 years, and meeting the relevant requirements for mastering basic Spanish (A2 level).
The Spanish passport freedom index ranks third in the world, with a total of 190 visa-free countries and regions, ranking first in Europe.
03
Real estate advantage
As of March this year, global housing prices have risen by an average of 7.3% year-on-year, and European countries have almost monopolized the housing price growth list, with the highest growth rates being Turkey and Spain.
In 2021, the sales of local real estate in Spain will reach the highest level in 15 years, with a total of 500,000 units, and the buying boom will rise sharply.
On the other hand, Spanish property rental prices are also on the rise, up 5.89% year-on-year, mainly due to the fact that there is a great demand but a shortage of supply.
Spanish real estate has the characteristics of freehold property and can be passed down from generation to generation. The property owner can rent it out by himself and enjoy considerable property appreciation and rental returns.
04
Educational advantage
Spain implements 14 years of free public education. The Spanish government attaches great importance to education, with education funding accounting for 5% of GDP, of which 87% comes from direct state funding.
There are more than 300 institutions of higher learning across the country, of which 30% of the public universities are among the top 500 in the world. The world's three top business schools, IE, IESE, and ESADA, are all located in Spain.
Picasso, Dali, Gaudí, Cervantes masters gathered, and 6 Chinese won the Nobel Prize for Literature.
05
Medical Advantage
Social welfare in Spain can be called comprehensive coverage from birth to retirement. Babies born in Spain who have lived for one year can be directly naturalized and receive a child allowance until the age of 3.
In addition to 4 months of paid maternity leave, mothers can also receive various childcare allowances. Free public medical care is implemented nationwide. One person pays social security, and the whole family can receive free medical treatment.
Applicants who have obtained a Spanish residence permit can also enjoy free medical treatment in public and private hospitals if they purchase private medical insurance, and their spouses and children can enjoy free medical benefits together.
The euro-dollar exchange rate fell below 1:1, hitting a 20-year low. The most obvious benefit of a fall in the euro's exchange rate: more euros can be exchanged for the same value of renminbi.
In short, now is a good time to dip into European real estate and identity allocations. Please get in touch with us as soon as possible and seize the opportunity to get on the train with the Spanish Golden Visa Program!
Cyprus
Turkey
Saint Kitts and Nevis
Greece
