Real estate investment in Spain
Spain offers residency visa to foreign nationals who invest 500,000 euros in spanish market. The spanish (“Act 25/2015”) enables Non-EU/EEA nationals to receive a residence permit based on investment in the country such as real estate, business etc.
To qualify for the spanish golden visa, the following are qualified investments.
You will receive temporary residence permit valid for 2 years and then renewable after then. No requirement to live in Spain except you have to visit only once a year.
Permanent residence after 5 years of living. The processing time is about 3 months.
Spanish citizenship possible after 10 years living in Spain. You also have to pass the Spanish language test (only for citizenship).