In an effort to support the country's economy, Spain is offering foreign investors an unrestricted visa that can lead to permanent residency and ultimately citizenship in return for a real estate investment of at least Euro 500,000.
The so-called "Golden Visa" or "Entrepreneur Visa" has no minimum stay requirement in Spain and the visa can be renewed up to five years. Holders of the visa are free to travel throughout the Schengen visa countries in Europe.
Similar to the residency/citizenship by investment programs offered by Spain, other European governments have also launched investment programs in an effort to boost their national economies: Malta ("Individual Investor Program (IIP)"), Cyprus ("Cyprus Citizenship by Investment"), Portugal ("Portugal Golden Residence Permit").
The program of the United States is called the “EB-5 Immigrant Investor Visa”, while Canada is also offering several residency/citizenship by investment programs (Canada programs).
Please contact us for a free consultation or to receive additional information about the program.