Elevay Citizenship & Residency by Investment

Spain
spain, flag, spanish

Spain

Spain is country of Southwestern Europe offering incredible lifestyle benefits such as enviable year-round mild climate, a fantastic outdoor lifestyle, award-winning gastronomy, superb ski slopes and beaches. Spain is a very diverse country with a rich culture and

Right to live, work, and study in Spain.

Visa-free travel to the 26 Schengen member states.

Spain consistently ranks amongst the most desirable places to live.

Include spouse, dependent children, & dependent parents.

The Spanish Golden Visa Scheme is designed to attract foreign investment and stimulate the property market and economy.

SPANISH GOLDEN VISA

REAL ESTATE

Minimum Investment – €500,000 Euro
As part of the application for a Golden Visa, investors are required to make an investment of at least €500,000 in Spanish real estate. The investors are free to buy several properties (Residential, Commercial or plots) as long as they reach the minimum investment required. In addition, several different investors may invest in the same property. Each investor will qualify under the program in the event that each investor reaches €500 K investment.

BENEFITS OF THE PROGRAM

Please note Investors can purchase more than one property, residential, commericial, or plots as long as the total value of all properties meets the minimum investment required.

  • Golden Visa allows unlimited renewals every 5 years. Must simply maintain the investment in the country.
  • Residence Permits issued in as little as 10 days of application.
  • No residency requirements to qualify for renewal meaning you may live outside of Spain while still maintaining residency.
  • May reside as a Non-Tax Resident and therefore only required to pay taxes in connection with Spanish income.
  • Residency contributes towards eligibility for citizenship. After ten years of legal residence in Spain, it is possible to apply for citizenship. In addidtion, after five years of residing in Spain, you may be eligible to work and reside in another Schengen country.

Investors can use a Spanish company or international company to carry out the investment, but the applicant must hold 51% of the shares.

Please Note: Taxes are not considered part of the investment.
LOCATION: Western Europe
CAPITAL CITY: Madrid
TOTAL AREA: 505,990 km2
TIME DIFFERENCE: UTC+0 (Summer – UTC +1)
LANGUAGE: Spanish
RELIGION:
  • Catholicism: 68.9%
  • No Religion: 27.1%
  • Other: 2.8%;
  • Unspecified: 1.1%
GOVERNMENT TYPE: Unitary Parliamentary Constitutional Monarchy
CURRENCY: Euro
GDP (PPP)(PER CAPITA): $30,370.89 USD
POPULATION: 47,007367

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greece, flag, blue
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