Spanish Golden Visa for British investors
01 February 2021
By Martha L.
Director of Alanda Properties
1st of February 2021
For the first time ever, British investors now qualify for a Golden Visa (GV, for short) in Spain post-Brexit. A GV rolls out the red rug for those privileged few who can afford it!
If you don’t fancy doing long queues, and passing pesky customs & border controls at airports, a GV will strongly appeal to you. On buying a 500,000 euro property you, and your family, are granted a special residency permit that allows you to live and work in Spain. A GV also allows you and your family unfettered access to the Schengen Area, visa-free! That’s 27 EU countries at your fingertips’ reach.
Think no further, a GV allows you to cut through all the admin red tape, bestowing a privileged residency status for you and your family.
Contact me at Alanda Properties for bargain-priced property in Marbella, and the Costa del Sol. You will be surprised to learn the splendid deals available located in prime locations. At Alanda Properties, we have partnered with reputable local law firms to offer our non-EU buyers a bespoke Golden Visa service. We take care of everything, so you can sit back and enjoy your new dream life in Spain, for an affordable price!
Golden Visa Advantages
- Fast-tracked. This law is specifically devised to attract affluent non-EU investors and helps to cut through the admin red tape greatly streamlining the visa procedure.
- Travel Europe visa-free. You can travel without a visa for 90 days out of every 180 days within the Schengen Area.
- Attaining a Golden Visa does not preclude your tax residency. One of the greatest advantages available to GV applicants is that you and your family can enjoy living in Spain without being regarded as tax resident! You can continue to pay taxes in your home country.
- Clear rules. Two years (Residency Permit), renewable for a further 5 years.
- No need to become resident in Spain. You only have to visit Spain once to get or renew the Residency Permit. There is no minimum stay requirement, and you don’t have to become a tax resident or actually live in Spain.
- Family included. You may get additional permits for your spouse and children under 18 years (or disabled and dependant children over 18). Same-sex partners inclusive. Dependant parents of main investor are now also included (extended family), even under 65-year-olds.
- You may work in Spain.
- Spanish nationality (optional). This is a 2-year Residency Permit, not the right to permanent residency or a Spanish passport. However, it can lead to long-term Spanish residency after 5 years of continuous residence, and citizenship after 10 years.
- Underaged children may study in Europe. Underaged offspring can live and study in Europe, in company of your partner, whilst you work and earn money abroad.
- Return on investment. Take advantage of Spain´s burgeoning real estate recovery. Two-digit returns on leasing property.
Source: Larrain Nesbitt Abogados
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