INVESTMENT IN SPAIN – PURCHASE OF PROPERTY
Are you not EU citizen?, do you want to make a significant investment in Spain?.
You can take advantage of the Spanish migration scheme for investors.
For example, with the purchase of property in Spain of a value equal to or greater than EUR 500,000 (free of all liens and encumbrances), foreign citizens can entry and/or stay in Spanish territory for one year (INVESTOR RESIDENCE VISA).
After one year, not EU citizens could request an INVESTOR RESIDENCE PERMIT (IRP). IRP has a validity period of two years then it could be renewed for 5 years.
Finally, Not EU citizens would hold the spanish nationality and became UE citizen on 10 years.
On the other hand, Family members, who accompany the investor, may apply jointly and simultaneously or successively for their residence permit, where appropriate, for their visa Family members are:
- The spouse or unmarried couple.
- Children who are minors or those of legal age being financially dependent on the holder.
- Parents in their charge.
llucia&AS-LAWYERS can help you to invest in Spain. If you need more information about how invest in Spain, don´t hesitate and contact with us.
INVESTMENT IN SPAIN – PURCHASE OF PROPERTY IN SPAIN