{"id":7116,"date":"2021-06-08T10:00:00","date_gmt":"2021-06-08T08:00:00","guid":{"rendered":"https:\/\/merac.es\/?p=7116"},"modified":"2021-06-08T10:00:00","modified_gmt":"2021-06-08T08:00:00","slug":"golden-visa-visado-de-inversores-extranjeros","status":"publish","type":"post","link":"https:\/\/merac.es\/en\/golden-visa-visado-de-inversores-extranjeros\/","title":{"rendered":"Golden Visa: The Investor Visa"},"content":{"rendered":"<p>With the entry into force of Law 14\/2013, of 27 September, on support for entrepreneurs and their internationalisation, a series of measures were introduced in order to <strong>to facilitate the entry and stay in Spain of non-EU foreigners making certain types of investments<\/strong> which will be discussed in this article.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-1-qu-es-la-golden-visa-o-visado-de-inversor\">1. WHAT IS THE GOLDEN VISA OR INVESTOR VISA?<\/h2>\n\n\n\n<p>This type of visa, known as the \"Golden Visa\", allows foreigners who make certain investments to reside and enter Spain freely for an initial period of two years, which may be extended for successive periods of five years, as long as a series of requirements are met, which we will analyse below.<\/p>\n\n\n\n<p>The <strong>investments<\/strong> <strong>that allow this type of visa to be obtained are legally taxable<\/strong>However, the law does allow the same <strong>are carried out either directly by the natural person making the application or through a legal entity<\/strong>provided that the entity is not domiciled in a tax haven and the applicant holds, directly or indirectly, a majority of its voting rights and the power to appoint or remove a majority of the members of its management body.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2-tipo-de-inversiones\">2. TYPE OF INVESTMENTS<\/h2>\n\n\n\n<p>The following investments are eligible for the visa:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-a-inversiones-financieras\">(A) FINANCIAL INVESTMENTS<\/h3>\n\n\n\n<p>Financial investments that can be made in order to obtain a residence visa include:<\/p>\n\n\n\n<ul><li><strong>Investment in Spanish public debt securities for a minimum value of \u20ac2,000,000.<\/strong> This investment shall be evidenced by a certificate issued by the financial institution or the Bank of Spain stating that the applicant is the sole holder of the investment for a period of 5 years or more.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li><strong>Investment in shares of Spanish companies for a minimum value of 1,000,000 euros.<\/strong> The investment shall be accredited by means of a certificate issued by the financial intermediary, duly registered with the Comisi\u00f3n Nacional del Mercado de Valores or the Banco de Espa\u00f1a, stating that the interested party has made the investment, in the event that the product acquired is listed shares, or; a copy of the investment declaration made in the Foreign Investment Register of the Ministry of Economy and Competitiveness, in the event that the product acquired is unlisted shares.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li><strong>Investment in shares in Spanish companies with a minimum value of \u20ac1,000,000.<\/strong> Such investment shall be evidenced by a copy of the investment declaration made in the Foreign Investment Register of the Ministry of Economy and Competitiveness.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li><strong>Investment in bank deposits in Spanish financial institutions with a minimum value of \u20ac1,000,000<\/strong>. Proof of this investment shall be provided by a certificate from the financial institution stating that the applicant is the sole holder of the bank deposit.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>In any of the above cases, the applicant must prove that the financial investment has been made within 60 days prior to the submission of the visa application by providing, in each case, the documents listed above.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-b-inversiones-inmobiliarias\">(B) INVESTMENT PROPERTY<\/h3>\n\n\n\n<p>A residence visa may also be obtained by means of the <strong>acquisition of real estate in Spain for a minimum price of \u20ac500,000 per applicant.<\/strong> In this case, the investment shall be evidenced by a certificate of ownership and charges issued by the Land Registry.<\/p>\n\n\n\n<p>In this regard, it is important to take into consideration that the applicant will be able to obtain financing for the purchase of the property. However, in order to be able to apply for the visa, he\/she must prove that he\/she has made an unleveraged investment of at least \u20ac500,000, which means that he\/she can only finance the part of the purchase price that exceeds this amount.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-c-inversiones-de-naturaleza-emprendedora\">(C) INVESTMENTS OF AN ENTREPRENEURIAL NATURE<\/h3>\n\n\n\n<p id=\"h-podr-solicitarse-el-visado-de-residencia-para-inversores-como-consecuencia-del-desarrollo-de-un-proyecto-empresarial-en-espa-a-que-sea-considerado-y-acreditado-como-de-inter-s-general\">The residence visa for investors may be requested as a result of the development of a business project in Spain that is considered and accredited as being of general interest.<\/p>\n\n\n\n<p>In order for the investment and the business project to be considered to be in the general interest, it must:<\/p>\n\n\n\n<ul><li>Job creation<\/li><li>Have a significant socio-economic impact in the area in which the activity is to be carried out.<\/li><li>Make a relevant contribution to scientific or technological innovation.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>In this case, the applicant must prove that the significant capital investment has been made by submitting a favourable report issued by the Economic and Commercial Office of the geographical demarcation in which the visa application is submitted, stating that it is a business project of general interest.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-3-requisitos-generales-para-la-obtenci-n-del-visado\">3. GENERAL REQUIREMENTS FOR OBTAINING A VISA<\/h2>\n\n\n\n<p>Regardless of the type of investment being made, applicants for an investor visa must meet a number of requirements, which would be common to all of them:<\/p>\n\n\n\n<ul><li>Not to be irregularly present in Spanish territory.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li>Be over 18 years of age.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li>No criminal record in Spain, as well as in the countries where he\/she has resided for the last 5 years.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li>Have public or private health insurance with an insurance company authorised to operate in Spain.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li>Have sufficient financial resources for themselves and their family members during their residence in Spain.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-4-cu-les-son-los-beneficios-respecto-a-otro-tipo-de-permisos-de-residencia\">4. WHAT ARE THE BENEFITS COMPARED TO OTHER TYPES OF RESIDENCE PERMITS?<\/h2>\n\n\n\n<p>The Golden Visa has a number of benefits over other types of residence authorisations:<\/p>\n\n\n\n<p><\/p>\n\n\n\n<ul><li><strong>Allows for long periods of absence from Spain<\/strong>While other residence authorisations require a constant stay in the country for more than 6 months per year in order to renew the application, in the case of the Golden Visa, both the investor and his family members can be absent for almost the entire duration of the visa without losing their residence permit.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li><strong>Allows residence for the investor's family members to be obtained from the outset<\/strong>Another benefit of the Golden Visa is that the investor's family members can obtain residency from the outset. However, in all other cases of ordinary family reunification, the applicant must be in Spain for a minimum period of one year in order to be able to apply for reunification. &nbsp;<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul><li><strong>Includes work permit for the investor and his family members.<\/strong>The granting of the residence visa for investors shall constitute a sufficient entitlement for them and their family members to reside and work in Spain for the duration of the permit.<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>If the requirements are met and once the investment has been made, the visa application can be made both in the investor's country of origin and in Spain.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>La Golden Visa permite a los extranjeros extracomunitarios y a sus familiares residir y entrar en Espa\u00f1a libremente, siempre que se acredite la realizaci\u00f3n de determinadas inversiones en Espa\u00f1a.<\/p>","protected":false},"author":6,"featured_media":7118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,40,15,24,14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Golden Visa: El Visado para inversores | MERAC Legal &amp; 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Breve biograf\u00eda profesional: Mercedes Nieto es Abogada y Economista y socia del Departamento Mercantil e Inmobiliario de MERAC LEGAL & TAX LAWYERS. Comienza su carrera profesional en el Departamento Mercantil de Garrigues y posteriormente se traslada a Qatar, para trabajar en una empresa constructora, hasta su incorporaci\u00f3n al Departamento de Mercantil de KPMG Abogados. En 2018, se une a una firma de abogados en Marbella como responsable del departamento mercantil, hasta su incorporaci\u00f3n como Socia a MERAC LEGAL & TAX LAWYERS. Est\u00e1 especializada en Derecho Mercantil-Societario, Fusiones y Adquisiciones (M&A), Inmobiliario, contrataci\u00f3n nacional e internacional y Civil. Ha participado en operaciones de M&A e Inmobiliarias en sectores de todo tipo, habiendo sido reconocida por su labor de abogada en el \u00e1rea de Derecho Mercantil y Fusiones y Adquisiciones por \u201cBest Lawyers International\u201d, siendo en 2020 galardonada con el premio a mejor abogada en dicha \u00e1rea, y nominada en los a\u00f1os 2021, 2022, 2023 y 2024. Formaci\u00f3n acad\u00e9mica: licenciada en Derecho y Administraci\u00f3n y Direcci\u00f3n de Empresas. Master Executive Derecho Empresarial. Experiencia destacada: Est\u00e1 especializada en Derecho Mercantil-Societario, Fusiones y Adquisiciones (M&A), Inmobiliario, contrataci\u00f3n nacional e internacional y Civil. Ha intervenido activamente en la realizaci\u00f3n de numerosas operaciones de reestructuraci\u00f3n empresarial y acuerdos de inversi\u00f3n, tanto a nivel nacional como internacional (i.e. fusiones, escisiones, segregaciones, cesi\u00f3n de activos). Ha participado, asimismo, en operaciones de primer nivel de adquisici\u00f3n de sociedades y en numerosos procesos de due diligence sobre sociedades de diversos sectores de actividad. De la misma forma, desarrolla su labor profesional tambi\u00e9n en otras \u00e1reas del Derecho con incidencia directa e indirecta en la empresa (Derecho Civil; Inmobiliario; Derecho de la Propiedad Intelectual, Industrial y Marcas; Negociaci\u00f3n extrajudicial; Procesal y Concursal Premios, certificaciones o asociaciones: Galardonada con el precio a la mejor abogada en el \u00e1rea de Derecho Mercantil y Fusiones y Adquisiciones por \u201cBest Lawyers International\u201d, en la edici\u00f3n de 2020 y nominada en esa misma categor\u00eda en los a\u00f1os 2021, 2022, 2023 y 2024.","sameAs":["https:\/\/www.linkedin.com\/"],"url":"https:\/\/merac.es\/en\/author\/mercedes-nieto\/"}]}},"_links":{"self":[{"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/posts\/7116"}],"collection":[{"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/comments?post=7116"}],"version-history":[{"count":0,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/posts\/7116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/media\/7118"}],"wp:attachment":[{"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/media?parent=7116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/categories?post=7116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/merac.es\/en\/wp-json\/wp\/v2\/tags?post=7116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}