Kingdom of Spain

Benefits of having Spanish residency : Applicants only have to visit Spain once a year in order to maintain the permit, and even then staying for extended periods is not necessary. The permit can easily be renewed every two years. Applicants obtain the right to work as an entrepreneur or employee once you’ve been granted the 2 years permit. Spouses and children under 18 can apply for residency as well.

Total area (km2) : 505,990 km2

Capital : Madrid

Economic capital : Barcelona

Population : 46,733,038 as of 2018

First language : Spanish

Currency (to USD) : Euro (EUR) – 1 EUR = 1.12 USD

GDP (Nominal) (USD): $1.440 trillion, $30,734 per capita

Industries : Automotive industry, agriculture, tourism

Universities : Universidad Autónoma de Madrid (159), University of Barcelona (166), Universitat Autòma de Barcelona (193), Complutense University of Madrid (206), University of Navarra (242)

Demographic Featurs :

 

Government type : Constitutional monarchy

Weather (monthly average graph): Three different types of climate: Mediterranean, semi-arid and oceanic climates

MEDICAL SYSTEM:

Spain offers a public healthcare system to its residents and citizens. The country offers so many healthcare centers, including 453 hospitals, that individuals are always located 15 minutes away from one, should they need it. Additionally, these centers are operated by qualified healthcare professionals that will work to the best of their abilities to treat patients.

 

Requirement of Residency

  • PERSONAL NET WORTH: 0
  • CONTRIBUTION AMOUNT:
    1. 500,000 EUR real estate investment, or
    2. 1,000,000 EUR bank deposit or shares in Spanish companies, or
    3. 2,000,000 EUR government bonds, or
    4. 4.1,000,000 EUR investment in a business launch.
  • ASSET(S): Real estate
  • INVESTMENT GUARANTEES: No
  • FINANCING OPTIONS: No
  • GOVERNMENT FEES:  160 EUR per applicants.
  • TIME TO RESIDENCE: 2-3 months
  • INTERVIEW REQUIRED: No
  • REQUIRED PHYSICAL RESIDENCE: No
  • TIME TO CITIZENSHIP: 10 years
  • VISA-FREE TRAVEL: 186
  • COUNTRIES BANNED: 0
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