TVG Citizenship Guide to Attaining Spanish Residency by Investment

Imagine living in a sunny Spain, strolling the narrow but uber cool streets, being a part of Mediterranean culture, enjoying delicious tapas and (if you’re a history geek) exploring the historic cities – all while being a resident of this beautiful country. Not only that, you would also be a part of a strong economy where you can either secure a good job or start your own business. We are not just asking you to imagine, we’re talking about making it a reality. Spanish residency offers all of it and more. While you’re contemplating the move, we are here to help you through the process. Let’s look into the details of Spain residency by investment program and how you can make it your new home.

What is the Spanish Residency Program About?

Spain’s Residency program (also known as Golden Visa program) allows you to become a resident and citizen of the European Union. And to secure this, all you have to do is make a certain kind of investment in Spain, and then you and your family can move and enjoy the benefits of being a Spain resident. You can live, work, and travel around the Schengen Area without any hassles. Plus, Spain is known to be a friendly place for people who want to make a fresh start and maybe even invest in new business.

Program Requirements and Eligibility

To be eligible for Spain’s residency by investment program, you are required to make a significant financial investment in the country such as purchasing real estate, investing in business projects, or acquiring government bonds. The specific amount required for investment varies depending on the type of investment you choose. Moreover, it’s important to ensure that your investment is in line with all regulatory requirements set forth by the Spanish government. If you meet this eligibility criteria then you are good to apply for the program.

Benefits of Spanish Residency

There are numerous benefits that come with Spain residency by investment. Some of these benefits are:

Good Quality Healthcare: If you’re a resident in Spain, then consider yourself open to universal healthcare coverage, which includes access to hospitals, clinics, and other medical services. For example, public hospitals such as Hospital Clinic Barcelona and La Paz Hospital in Madrid are known for their state-of-the-art facilities and reputed medical professionals. Expats can also opt for private health insurance for additional coverage and faster access to medical care, in order to have peace of mind for themselves and their families. Besides that, Spain has efficient emergency services, such as SAMUR in Madrid and SEM in Barcelona, which provide timely assistance in case of emergencies which further enhances your healthcare experience. 

Education Opportunities: If you’re moving to Spain with family then rest assured you would have plenty of educational opportunities for your children and even yourself, if you wish to study further. From primary schools to top universities, the Spanish education system is all about academic excellence and cultural enrichment for their students. Expats can enroll their children in public or private schools, many of which offer bilingual programs and a diverse curriculum according to individual needs which make the transition easier. Moreover, scholarships and financial aid programs are available to support students pursuing higher education.

Access to Schengen: I mean who doesn’t want to be able to travel to Europe whenever they like without the hassle of visa process. If you hold Spanish residency, you can visit at least 26 European countries visa-free. You can go on that ‘Euro trip’ that many dream of, explore the beautiful European continent, experience different cultures and take that business trip without thinking twice. This could even be beneficial for your business in Spain and help with the expansion.

Residency Rights and Protection: Having Spanish Residency means that you are legally recognized by the government and that comes with its perks. The top perk being access to social security and protection as per Spanish laws. Social security brings with it many benefits which you will realize upon living there, that other visitors cannot enjoy. You will also have rights related to work and can also get legal help in case of disputes or emergencies. This way you and your family will always have security and protection while living in Spain.

Quality of Life: Spain has been a top holiday destination amongst tourists due to its temperate climate, stunning beaches, beautiful scenery and an easy-going environment. So if you are a resident of this beautiful country, then consider yourself lucky to have access to all of these. You can enjoy outdoor activities in the countryside, savory tapas at local eateries, or simply basking in the Mediterranean sun by the crystal clear beach. A chance to have a balanced lifestyle that everyone wishes for.

How TVG Citizenship Can Help

At TVG Citizenship, we have immigration and investment experts in-house who specialize in their fields and know the ins and outs of European immigration rules and regulations. That gives us an edge over our competitors. We provide personalized consultation and solutions to our clients which includes guidance at every stage of the process, from the beginning till the end. From making the right selection for investment to submitting the application, we are your partners in success. What else sets us apart, you ask? Well, our wide network of partners who ensure a smooth journey to your second home.

Ready To Make The Move?

If you still need some convincing on why you should opt for Spain residency by investment, its business and investment environment offer a wealth of opportunities for entrepreneurs and investors alike. It has an ideal location which leads to global markets and increases chances for business growth.

Start-Up Ecosystem: Spain has a big-time startup ecosystem particularly in cities like Barcelona and Madrid, where innovative companies have a good chance to flourish. You have hubs such as Barcelona Tech City and Madrid Innovation Driven Ecosystem (MIDE) where you get networking opportunities, funding support, and mentorship programs.

Investment Incentives: Like the Golden Visa program, the Spanish government offers various incentives to attract foreign investment, including tax breaks, grants, and subsidies. For instance, the Entrepreneur Support Law (Ley de Apoyo a los Emprendedores) provides tax incentives for new businesses and streamlined administrative procedures for start-ups.

Strategic Industries: Spain has multiple great-performing sectors including tourism, renewable energy, technology, and manufacturing. Expats with residency can explore investment opportunities in these industries while leveraging Spain’s skilled workforce, infrastructure, and market access.

Access to EU: As a member of the European Union (EU), and as I mentioned above, you get access to the world’s largest single market, which in turn creates opportunities for trade and expansion. If you manage to get a hold in the EU market, you can benefit from free movement of goods, services, and capital across borders.

All in all, Spain’s business and investment environment offer a compelling opportunity for expats seeking to establish or expand their ventures. If you have a business plan in mind, come to us and we will find a way to Spain for you and your family.