Spain – Investment Scheme
Investor Temporary Residence Program
- Invest 0.5m or more Euro in Spanish properties with 3-5% annual return on rental income
Benefits of the investor program:
- Life-long temporary visa and Schengen visa to all Schengen countries to live, work and study for main applicant and all family members
- No residence requirement
- First one year visa renewable every two years (0.8% of the property price as government fees at each renewal)
- No tax to be paid unless you are a taxable resident
Application Process
- Sign Power of Attorney with our Spanish attorney for opening Spanish bank account for main applicant
- No evidence for sources of funds required from the main applicant
- Complete property purchase, health and police checks
- 2 months for visa grant
Spanish Permanent Residency and Citizenship
- Temporary resident may apply for permanent residency after 5 years
- Cumulative 10 years permanent residency in Spain before applying for citizenship, at least 183 days in each year
- Basic Spanish language test for permanent residence application
- Enjoy all social benefits after becoming permanent resident
Our services and fees
- Arrange properties inspection services before purchase (applicant pays for all international accommodation and flights, local hotel charges)
- Complete all properties purchase legal procedures and visa application for the main applicant and family members
- Help arrange tenants to live in with annual rental income of about 3-5%
- Government tax and charges total 14% on top of property price
Spain
- Mild climate like Florida without hurricane
- Exports of fruits, olive oil etc.
- Trading hub of Europe
- 25% or up for personal tax and 30% for corporate profit tax
- Easy to set up a new limited company, 3,000 services fees to set up new company plus annual auditor’s fees