Luxury Living In Spain As Property Investor: Guide to Visas & Paperwork

Wake up in a stunning villa on the sunny Costa del Sol, host parties at the upscale beaches of Ibiza, or explore the local culture of Valencia—these might be the top reasons you want to live in Spain. 

But you find yourself stuck in the complex process of getting a visa and sorting all the paperwork. 

Luckily, we have settled that for you. 

Why Choose The Spanish Luxury Real Estate?

Investing in Spanish real estate as a foreigner might have different reasons for everyone. 

But the most popular ones are:

• Resilient real estate sector.

• The desirable and dreamy lifestyle that every wealthy wants to live.

• Favorable policies for foreign investors.

This combination allows international investors to buy a home or start a business in Spain to enjoy a luxurious life without any hassle.

What Are Your Visa Options?

You can get the Golden Visa or the Investor Visa, which allows individuals and their families to gain residency by buying property in Spain as a foreigner. 

This residency-through-investment allows you to work, study, and travel across Spain freely. Moreover, it can lead you to permanent residency as well. This program not only benefits the investor but also plays a significant part in the growth of the Spanish real estate market.

Benefits of Getting the Golden Visa:

• Investors and their families receive residency permits within approximately 2-3 months of application.

• Visa-free travel within the Schengen Area.

• Permanent residency.

• Get a wide range of real estate options, including residential and commercial properties.

• Potential tax benefits.

• Your investment will be more secure.

Requirements for the Golden Visa Spain:

You just have to meet at least one of these criteria to be eligible for the Golden Visa and move to Spain easily.

Other eligibility criteria include:

• Age: You should be 18 years old (minimum).

• Financial Means: You must have sufficient financial resources to support yourself and any family members without needing local employment.

• Health Insurance: Having valid public or private health insurance from a company authorized to operate in Spain is necessary.

• Criminal Record: You should have no criminal record in Spain or any country of residence for the past five years.

Necessary paperwork you will need:

You will need to complete the following paperwork formalities for the Investor Visa Spain.

• Filled and signed visa application form

• Passport-sized, colored, professional photograph

• Valid passport (must be issued less than 10 years ago)

• Documents of proof of investment in real estate

• Documents proving your source of income 

• Criminal record check certificate

• Certificate for health insurance coverage 

• Proof of legal residence

• Proof of the representative's identity (if the representative submits the application)

• Visa fee payment 

In case your family or children are accompanying you, you should have:

• Documents that verify their relationship with you.

• If they are minors, their form should be signed by you.

• Documents of civil status and financial dependence if children are adults.

If you already have a passive income stream and don’t want to engage in economic activity, you can apply for a long-stay visa Spain. 

Remember to get NIE number Spain online for whatever visa option you want to attain. It's like your tax identification number, essential for various legal and financial activities in Spain.

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