Your Gateway to Spanish Residency Through Real Estate Investment
Live, Invest, and Enjoy in Costa del Sol
Spain is one of the most desirable destinations in the world for property investment, thanks to its high quality of life, stunning landscapes, and excellent infrastructure. If you’re considering buying property in Spain and obtaining residency simultaneously, the Golden Visa is the ideal pathway. Designed for non-EU investors, this program offers a straightforward and efficient process to gain residency while enjoying Spain’s economic and cultural advantages.
What is the Golden Visa in Spain?
The Golden Visa is a special residence permit created in 2013 to attract foreign investment into the Spanish real estate market. It is granted to non-EU citizens who make a minimum real estate investment of €500,000 in one or more properties in Spain.
This visa provides a series of exclusive benefits, including:
- The right to live, work, and study in Spain.
- Free movement within the Schengen Area, which includes 27 European countries.
- The possibility of including close family members such as spouses and dependent children.
- Simple renewal process every two years, with the option of permanent residency after five years.
- No requirement for continuous residence in Spain, only an annual visit is needed to maintain the permit.
Step-by-Step Guide to Obtaining Your Visa
1. Select the Perfect Property Investment
Choosing the right property is the most crucial step. In Costa del Sol, there is a wealth of high-end real estate options, including beachfront villas, golf course residences, and luxurious urban developments. The region is known for its strong real estate market, ensuring both an excellent lifestyle and investment potential.
2. Open a Spanish Bank Account and Obtain a NIE
A NIE (Foreigner Identification Number) is the Foreigner’s Identification Number in Spain. It serves as a tax identification number and is essential for various legal and financial activities. The NIE is required for tax payments, official transactions, real estate purchases, and other dealings with Spanish authorities. It is a key requirement for any fiscal activity involving the Spanish tax system.
Any foreigner engaging in financial, professional, or social matters in Spain must obtain an NIE. While it is not necessary to be a resident to acquire one, it is advisable to apply for it as soon as possible.
For non-EU citizens, the NIE is typically issued alongside their Spanish residency permit. This number is necessary for multiple processes, including:
- Opening a bank account
- Being legally employed
- Paying taxes in Spain
- Buying or selling property
- Buying or selling motor vehicles
- Becoming self-employed
- Registering a business
- Inheritance
- Studying in Spain
- Getting a Spanish driver’s license
- Arrange utilities
3. Reservation and Signing of Deposit Agreement
Once the ideal property is selected, you will need to sign a deposit agreement (Contrato de Arras) and make an initial payment to secure the transaction. This agreement outlines the terms of the purchase, including price, deadlines, and conditions.
4. Finalizing the Purchase and Notary Procedures
The property acquisition is completed through the formal purchase deed (Escritura de Compraventa), signed before a Spanish notary. After signing, the property must be registered with the Spanish Land Registry and the corresponding taxes and fees paid.
5. Submitting the Golden Visa Application
After the property purchase is finalized, you can apply for the Golden Visa by providing the following documentation:
- A valid passport.
- Proof of property investment (notarized purchase deed).
- Private health insurance coverage in Spain.
- A clean criminal record certificate from your country of residence.
- Proof of sufficient financial means to support yourself and your family in Spain.
The application can be submitted through the Spanish Consulate in your home country or directly in Spain if you are already present on a valid visa.
6. Approval and Issuance of the Residence Permit
The processing time for the Golden Visa typically ranges between 20 and 60 days. Once approved, you will receive a residence permit valid for two years, which can be renewed every five years provided the investment is maintained.
Advantages of the Golden Visa and Life in Costa del Sol
Unmatched Lifestyle and Investment Potential
Costa del Sol is renowned for its picturesque coastline, world-class amenities, and vibrant cultural scene. By securing a Golden Visa, investors gain access to an exclusive Mediterranean lifestyle combined with robust financial advantages.
Exceptional Climate: 320 days of sunshine per year, perfect for outdoor activities.
Luxury Living: Golf courses, Michelin-star restaurants, exclusive resorts, and a lively social scene.
Seamless Connectivity: International airports in Málaga and Gibraltar offer easy travel options.
High Return on Investment: A stable and appreciating real estate market with strong rental demand.
Secure Your Property with Expert Guidance
At S4les Real Estate, we specialize in providing tailored solutions for international investors. Our team assists you throughout the process, from selecting the perfect property to handling all legal and administrative procedures for your Golden Visa.
📞 Contact us today and take the first step towards your new life in Spain.
