Spain Golden Visa holders must renew their visa every two years, submit updated documentation, and stay informed for a successful renewal experience.
Spain Golden Visa holders need to renew their visa at specific intervals. Here's a detailed breakdown of the renewal process:
1. Initial Visa Period
- Initial Visa Validity: The initial Spain Golden Visa is typically issued for one year. If the investment has been made but the applicant has not yet completed their residence in Spain, they may receive a one-year visa.
2. First Renewal
- First Renewal After One Year: After the initial one-year visa, the first renewal is required. At this stage, the visa can be renewed for a period of two years. During this time, the holder must demonstrate that the investment remains intact and that they have fulfilled any minimal residency requirements, such as visiting Spain at least once per year.
3. Subsequent Renewals
- Subsequent Renewals Every Two Years: After the first renewal, Spain Golden Visa holders need to renew their visa every two years. Each renewal requires proof that the qualifying investment is still in place and that the holder has maintained their connection to Spain, such as through continued investment and minimal residency.
4. Path to Permanent Residency
- Permanent Residency After Five Years: After holding the Golden Visa for five years, and maintaining the qualifying investment, visa holders are eligible to apply for permanent residency in Spain. Once permanent residency is obtained, there is no need for further visa renewals, although the residency permit itself may need periodic renewal.
Summary
Spain Golden Visa holders must renew their visa after the initial one-year period, with subsequent renewals required every two years. After five years, holders may apply for permanent residency, eliminating the need for further visa renewals. Each renewal requires proof of continued investment and fulfillment of minimal residency requirements. For more detailed guidance, consult official Spanish immigration websites and legal advisors.