The Spain Golden Visa allows individuals to stay in Spain for an initial period of one year, with the option to renew every two years by meeting government requirements, enabling investors to stay long-term by maintaining their investment.
The Spain Golden Visa allows you to stay in Spain with the following timelines:
1. Initial Visa Period
- One-Year Validity: The initial Spain Golden Visa is typically issued for one year. During this period, the visa holder can reside in Spain and travel freely within the Schengen Area. This initial visa is primarily for those who have made the qualifying investment but have not yet formalized their long-term residency in Spain.
2. Subsequent Renewals
- Two-Year Renewals: After the initial one-year visa, Golden Visa holders can renew their visa for two years at a time. These renewals can continue indefinitely as long as the holder maintains the qualifying investment and meets the minimum residency requirements, such as visiting Spain at least once per year.
3. Permanent Residency Option
- Permanent Residency After Five Years: After holding the Golden Visa for five years, and maintaining the investment, holders are eligible to apply for permanent residency. Permanent residency allows them to live in Spain indefinitely without the need for further visa renewals.
4. Path to Citizenship
- Eligibility for Citizenship After Ten Years: Golden Visa holders can apply for Spanish citizenship after ten years of residency, provided they have lived in Spain for at least six months per year during this period and meet other requirements, such as language proficiency and cultural integration.
Summary
The Spain Golden Visa initially allows you to stay in Spain for one year, followed by renewals every two years. After five years, you can apply for permanent residency, allowing you to stay indefinitely. Ultimately, after ten years of residency, you may be eligible to apply for Spanish citizenship.