Spain’s Golden Visa grants EU residency to non-EU citizens who invest €500,000 or more in Spanish real estate. You, your spouse, and your dependent children receive residency cards that allow you to live, work, and travel freely across 26 Schengen countries. It is one of the most attractive residency-by-investment programmes in Europe.
Key Requirements
Minimum investment: €500,000 in property (can be one or multiple properties). The investment must be free of any liens or encumbrances above the €500,000 threshold. If you buy a €600,000 property with a €100,000 mortgage, the net investment of €500,000 qualifies.
Applicant: Must be a non-EU citizen with a clean criminal record, valid health insurance, and proof of sufficient financial means.
Family: Your spouse or partner, dependent children (under 18, or over 18 if economically dependent), and dependent parents can be included in the application.
What You Get
Schengen travel: Freedom to travel across 26 European countries without visa requirements.
Live and work in Spain: Full right to reside and work in Spain. No minimum stay requirement to maintain the visa (unlike many other countries’ residency programmes).
Path to permanent residency: After 5 years, you can apply for permanent residency. After 10 years, you can apply for Spanish citizenship (subject to meeting residency requirements).
How It Works with BlancaReal
Step 1: Choose your property. A single apartment at the higher end of Nylva Homes’s range, or a combination of properties across our three developments, can meet the €500,000 threshold.
Step 2: Our in-house legal team handles the property purchase — NIE, contracts, notary, registration.
Step 3: The same legal team prepares and submits your Golden Visa application. This includes gathering documentation, preparing the application package, and liaising with the immigration authorities.
Step 4: You receive your residency card. Initial visa is for 1 year, renewable for 2-year periods thereafter.
Important Notes
Golden Visa regulations can change. The Spanish government has periodically reviewed the programme. BlancaReal’s legal team stays current with all regulatory changes and will advise you on the latest requirements at the time of your application.
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Frequently Asked Questions
What is the minimum investment for a Golden Visa?
€500,000 in Spanish property. This can be one property or multiple properties. The net investment (after mortgages) must meet the €500,000 threshold.
Do I have to live in Spain to keep the Golden Visa?
No. Spain’s Golden Visa has no minimum stay requirement. You can maintain your residency without living in Spain full-time, which makes it attractive for investors who split their time between countries.
Can my family get residency too?
Yes. Your spouse or partner, dependent children, and dependent parents can be included in the Golden Visa application.