On the Iberian Peninsula of Europe, Spain is a nation comprising 17 autonomous regions, each with a unique landscape and culture. The Royal Palace and Prado Museum, which contain works by European masters, are located in Spain’s capital city, Madrid. Both a Roman aqueduct and a medieval fortress from the Middle Ages may be found at Segovia. Antoni Gaud’s wacky modernist structures, like the Sagrada Familia church, are what makes Barcelona, the city of Catalonia, unique.
Capital
Madrid
Population
46.53 million (2017)
Currency
Euro
GDP
USD 1.311 Trillion (2017)
About Spain Residency by Investment Program
The program allowing foreigners to acquire Spanish residency through investment was introduced by the Spanish Parliament in September 2013. Investment choices include 2 million euros worth of government bonds, 1 million euros in a bank account, or 500,000 euros worth of real estate. After residing in Spain for five years, one may seek for permanent residency there. Ten years of continuous residence are required before applying for citizenship. The path to both permanent residency and citizenship requires the investor and their family to live in Spain, even though the temporary residency permit (the “golden visa”) can be readily renewed without doing so.
Eligibility Criteria
- € 500,000
- Real Estate
- Full Family
- Flexibility
- EU Schengen travel
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