GOLDEN visa in Spain in 2019

GOLDEN VISA in Spain in 2019: residency by investment.
Work permit and student visa.
of the most common procedures to start living in Spain.

Usually, they involve a lot of hassle: paperwork, requirements and more requirements.
This is why the Golden Visa, especially in recent years, has grown in popularity.

Its main advantage? Simplicity. You invest in Spain and instantly obtain your residence permit.

It's simple.
So if we haven't convinced you yet.
in today's post we are going to talk about everything you need to know about the investor visa in Spain for this year 2019. Let's go!

What is the Golden Visa? (GOLDEN visa in Spain in 2019)
The Golden Visa program is a special type of residence created especially for all citizens outside the European Union.
who wish to settle in Spanish territory and make a significant investment in Spain.

However, most residence permits for non-Europeans have complicated procedures. Lots of paperwork, bureaucracy, requirements.
Then too much effort to just get a visa. So much so, the visa for investors in Europe has grown in popularity and continues to grow.

But why? For the simple promise it makes: speed and simplicity.

As El País newspaper pointed out, Spain is consolidated as one of the Golden Visa havens.
If we look at the data, it never ceases to amaze us: out of around 6,000 residence permits granted in the country in 2018, around 600 were gold visas.

Who can benefit from Visa Gold?
GOLDEN visa in Spain in 2019:
As we mentioned, and as we are going to deepen in a second, the gold visa is designed for all citizens outside the European Union who intend to make an investment in Spain as way of obtaining their residence.

The countries in which this residence permit has gained the most popularity are undoubtedly China and Russia.

However, people from Iran, Venezuela and Lebanon are also recording notable activities with this visa.

Their main motivation? They also found by investing in Spain a place to deposit their money; thus winning the ticket for a visa which largely avoids most of the procedures of other permits.

What are the advantages of the Golden Visa in Spain?
So We have summarized in the following points the main advantages of the investor visa in Spain:

It allows you to work and live legally in Spain. With this, we can identify the golden residence as a means of obtaining a work permit.
It is the only residence permit that grants you a first authorization to live and work in the country for 2 years (the others only offer one).
To obtain this visa, it is not necessary to be considered a resident in Spanish territory. Remember, this is equivalent to living in the country more than 183 days a year. The gold visa only requires that the applicant visit the country once a year.
It offers total freedom of movement throughout the Schengen area; that is to say most of the countries of the European Union.
You can easily bring your family to the country. The principal applicant (investor) can at the same time request that she formalize her residence request for her spouse and children. This is why the investor visa is a fully recommended option for families wishing to start living in Spain.
To apply for the gold visa, the applicant does not have to physically do so in Spain. You can simply appoint a representative to collect the documentation relevant to him.

How long can you live in Spain with an investor visa?
But once the investor has obtained his gold visa, he will have 2 years to reside legally in Spanish territory.

So Once this period has elapsed, the applicant can renew this license for 5 more years.

To carry out this procedure, the expatriate must demonstrate that she still owns the asset which was the investment center; being property, stocks or public debt.

Thus In addition, you must have visited Spain at least once during the year.

Are you ready to apply for citizenship by investment? Remember that the golden visa is one of the many ways to obtain Spanish nationality.
After 10 years of legal residence in Spain, the investor will be eligible for citizenship.

How to get the Golden Visa in Spain? golden visa 2019
To apply for the Golden Visa in Spain in 2019, you can choose one of the following paths:

First, you can get your investor visa by buying a property (real estate) worth more than € 500,000.
But what if the property has been purchased by multiple individuals / investors?
In this case, we must keep in mind that the investment will be calculated at the individual level.

This means that if our personal contribution to the property does not reach € 500,000, we will not be able to apply for the visa.

Second, buy shares in a Spanish company or have a bank deposit in a Spanish entity worth more than one million euros.
This will also give you access to this residence permit.

Possession of Spanish public debt worth 2 million euros or more.

Finally, by investing in a business project that developed on Spanish territory.

Here, you will find the following main requirements: this project must generate jobs, involve an impulse to the scientific / technological progress of the country, or result in a minimum socio-economic impact.

What are the conditions for obtaining the investor visa?
In order to successfully apply for the gold residency, the applicant must meet the following requirements:

Not be a citizen of a member country of the European Union. As we said, this special residence permit is designed for citizens of countries outside this zone, who have more difficulty obtaining a visa in Spain.
Be of legal age (+18 in Spain).
No criminal record, both in Spain and in any other country. The deadline to take into account here will be the last 5 years.
Have full coverage healthcare in Spain. This can be obtained from public or private insurance. Travel insurance or home country insurance will not be valid here. However, if it does not offer full and complete coverage, this will not be a reason to refuse the request.
Have and demonstrate the possession of sufficient economic means for the maintenance of the main investor and his family (if he also applied for their residence permit).
Make the investment in Spanish real estate (i.e. € 500,000, € 1 million or € 2 million the route chosen), and provide the corresponding document proving it.

Which institution is responsible for examining the application?
We must keep in mind that the gold visa is not subject to the general immigration regime.

It is regulated by a specific law, the law on entrepreneurs, created to attract talent and investment to Spain.

Thanks to this law, new residence and work permits have been created.

Among them we find the investor visa; but there are also others like the entrepreneurial procedure itself, intra-company transfers and work permits as highly qualified.
Therefore, it will not be the immigration office located where the applicant will live in the institution responsible for assessing the application.
There is a specialized service in Madrid, the Great Commercial Unit, responsible for evaluating and approving applications.

What documents are required to obtain the gold visa?
In the last section, we have seen how one of the fundamental requirements for obtaining residence through real estate investment is to demonstrate, through the corresponding document, that the investment has been made.

The question now is: what documents exactly justify this investment?
Let's answer this question according to the path we have chosen to follow:

If what we have done is invest in Spanish public debt.
we will need a certificate from the Bank of Spain or the financial institution with which we have managed the investment.

In this document, we must clearly identify how we are the protagonists of this purchase.

Finally, for investments in bank deposits, we will need the certificate issued by the financial institution with which we have concluded the transaction.

So It is important to note that in this document we indicate that we are the sole owners of the repository.

For more info imigration visit the site:
https://www.jeprofite.fr/category/info-immigration-dans-tout-le-monde/