1. NON - LUCRATIVE SPANISH RESIDENCY (without working permit)

The non-profit residence is designed for individuals who want to immigrate to Spain and have sufficient wealth to live in Spain without having to work in Spain. This is the most typical residency permit applied for owners of properties in Spain.
The key to obtaining this type of permit is proving that you have sufficient wealth to live life in Spain and own a reasonable property to live in it without having to work in Spain.
The yearly amount considered as minimum for this are at least 25,600 Euro for the first member of the family and 6,500 Euro extra for each member. It is always better to show a little bit more than this.
There are two ways to prove that you have sufficient funds:
• PERMANENT FUNDS: Using documents showing that you receive a fixed monthly amount permanently, for life, which may arise, for example: a pension fund, rental income, dividend, bonuses, retirement or any permanent income.
• BANK STATEMENTS: Providing valid bank documents will justify that you have enough funds available in your bank account.
Also…other documents required to get this permission, such as: criminal records, medical certificates and private health insurance to cover your stay in Spain, etc.
Once this permit is obtained, you are not authorized to work in Spain, at least one year, as the authorization is to “reside” in Spain, and not to “work.” This type of permit is renewable after 2+ years and has no limit after 5 years.
The best part of this permit is that it allows family members to come to Spain, allowing them to live, get medical treatment (private), and go to school (for minors).

2. LUCRATIVE SPANISH RESIDENCY (with working permit)

Our investment visa service is for any individual who owns a property in Spain and/or plans to have a business in Spain with funds for investment purposes. Once the visa is approved, you will be the director of a company with funds in backing capital. You may immediately start utilizing this capital in the implementation of your business. The investor visa in Spain is available to those individuals who will invest in a new or already established business. Family members of the visa holder may obtain derivative status that allows them to live, work and attend school in Spain. Visa extensions are generally unlimited as long as the investment continues.
In order for a business project to be credited in Spain, it must meet at least one of the following conditions:
1. Creating jobs for the market.
2. Making an investment with relevant socio-economic impact in the geographical area in which the activity will develop.
3. An important contribution to scientific innovation and/or technology.
The foreign visa applicant must make a significant investment amount. Also, a business plan is needed to submit when applying for residency in order to help gain this type of visa.

3. SPANISH RESIDENCY VISA (GOLDEN VISA)

A new law in Spain authorizes entry and residence for foreigners/Non-EU citizens with an investment in real estates, shares or deposits.
The “Project of support for entrepreneurs and its internationalization” (Proyecto de Apoyo a Emprendedores y su Internacionalización” would amend the Immigration Law 4/2000 on Spain, and considers, among others, to provide an ENTRY VISA and a RESIDENCE PERMIT foreigners (Non EU citizens) who make a significant capital investment and meets any of the following conditions:
1. FINANCIAL INVESTMENT: An initial investment equal to or more, than 2 million Euros in Spanish government bonds.
2. REAL ESTATE INVESTMENT: The acquisition of real estate in Spain with an investment of equal or superior to 500,000 Euros per applicant. In the case of investing in Spanish real estates, the applicant must prove ownership of real estate by providing one or more certificates of proficiency from the Land Registry that corresponds to the property or properties.
ALSO! No requirement or obligations in the staying period. The approval comes within a few weeks.

4. PERMIT FOR RESIDENCY LONGER THAN 1 YEAR

This project of law also opens the possibility to investors who already have an ENTRY VISA to get a RESIDENCE PERMIT if their intention is to stay in Spain for periods longer than one year.
In this case, the investors who are considered in the above cases, have the option to apply for a RESIDENCY for more than one year, for themselves and their families, subjected to the fulfillment of the conditions.
The validity of the RESIDENCE PERMIT is for 2 years. It may be renovated if the conditions for which the Visa was obtained are kept.
The residency will be renewed up to 5 years. After the fifth year, it does not need any renewal and has no limit. You can then apply for Spanish citizenship and a passport.
Spanish Real Estate Market Booming!
The market has changed radically since January 2013, after more than five years of economical crisis. In recent months, we have seen what seemed impossible a year ago. Prices have currently reached the lowest level in history allowing national and international investors to take advantage of the market by purchasing luxury properties as a solid and profitable investment.
As they say …..... “Don’t wait to buy real estate, buy real estate and wait.”
Let us help you with a property investment as well as establishing a residency in Spain.