Spain also remains one of the most popular golden visa scheme in europe along with Portugal and Greece. Spain was ranked as the 3rd best golden visa scheme in BCI golden visa rankings for 2019 for having the sixth best citizenship in the world.
The Spanish golden visa scheme cannot be underestimated, according to the latest figures released, Spain has issued 25,830 gold visas all over spain and some 11% of these gold visas went to property investment in Spain above EUR 500,000.
The Golden visa investment through real estate slightly increased by 4% in 2018, compared to the previous year reaching its peak in 2015 and 2016. The 2018 levels are still down compared to 2015/16
Over 6000 chinese and 2000 russians have received golden visas in Spain according to the figures.
In 2018, Chinese investment in spanish golden visa scheme have increased from 362 to 409 (12%), while Russian interest have declined consistently from 2015. In 2018 only 47 gold visas have been issued to Russians for buying property compared to 70 previous year
Spain issues golden visa for various categories including property investment of EUR 500,000 or more
- Public debt (€2 million)
- Shares (€ 1 million)
- Investment funds or venture capital funds set up in Spain (€1 million)
- Bank deposits (€500,000)
- Real estate (€500,000)
Investors qualify for visa (1 year) when applying outside Spain (Spanish embassy) or will be issued residence permit for 2 years when applying in Spain with a path to apply for spanish citizenship after 10 years (quicker for certain cases).
Spain has one of the best and powerful passports in the world.
