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Spain
Investment Options
Investment – Minimum EUR 500,000
Processing Time
60 days
LOCATION SUMMARY
Spain
Spain launched its Residency by Investment program in 2013.
Situated in Southwestern Europe, Spain is regarded as one of the world’s most popular holiday destinations. It is a vibrant country admired for its majestic landscapes and excellent quality of life and a nation with a rich history and unique culture and traditions. Spain has one of the most important economies in Europe. It is also a full member of the EU and the Eurozone.
POPULATION
47,421,214
Population Growth: 0.1%
GDP
30,103 USD
GDP (per capita)
GDP (purchasing power parity)
1.427 trillion USD
LOCATION
Extreme southwestern Europe
CAPITAL
Madrid
DIFFERENCE
UTC+1
TOTAL AREA
505,990 sq. km.
AGE DEMOGRAPHICS
0-14 years: 15.02% (male 3,861,522/female 3,650,085), 15-24 years: 9.9% (male 2,557,504/female 2,392,498), 25-54 years: 43.61% (male 11,134,006/female 10,675,873), 55-64 years: 12.99% (male 3,177,080/female 3,319,823), 65 years and over: 18.49% (male 3,970,417/female 5,276,984) (2020 est.)
LANGUAGE
Spanish
RELIGIONS
Practicing Catholic (18.9%), Non-Practicing Catholic (37.1%), Believer in another religion (2.4%), Agnostic (12.0%), Indifferent/Non-believer (13.0%), Atheist (15.3%)
GOVERNMENT TYPE
Constitutional monarchy
CURRENCY
Euro (EUR)
EXCHANGE RATE
1 USD = 0.92 EUR
INVESTMENT BREAKDOWN
Process & Timeline
DAY 1-5
PREPARATION TIME
- Consider what investment route you want to take
- Prepare all the necessary paperwork
- Submit your application to the Citizenship by Investment Unit
DAY 6-55
PROCESSING TIME
- The Unit assesses your application
- Background check is conducted
- Your application is approved in principle
- You have 60 days from your application approval date to make a qualifying investment and provide proof of said investment
DAY 56-60
RESIDENCY ISSUANCE
- Pay the residency fee and obtain your proof of residency
- Congratulations, you're now a resident of Spain
Visa-free travel to 29 countries in the Schengen member states.
Benefits of Residency Program
- High quality of life
- Ability to include a spouse or unmarried partner, financially dependent children of any age (adult children must be full-time students), and financially dependent parents of the main applicant and/or their spouse who are 65 years and older
- Access to the public healthcare and education systems in the country
- A vibrant EU country that has majestic landscapes
- The possibility to apply for Spanish citizenship after two years of effective residence for Sephardi Jews and citizens of Equatorial Guinea, Latin America, and the Philippines, and 10 years for other nationals
- Excellent schools, with tuition available in English, French, German, Italian, Japanese, and Mandarin
Open the door to unlimited possibilities
We are dedicated to working with our clients to leverage opportunities