Are you interested in how to get residency in Spain through real estate investment and enjoy the benefits of living in a stable, advanced European country?

Real estate investment for residency in Spain is one of the most popular and well-known methods among foreign investors.

It is especially true with the official program, known as the Spanish Golden Visa, which offers investors a legal and fast way to gain residency in Spain through property investment.

In this comprehensive article, you will learn everything you need to know about the requirements for a Spain real estate investment visa, how to buy property in Spain for residency, the details of the real estate residency program, and the differences between temporary and permanent residency.

We will also go over the steps of the Spain golden visa application process, the best cities for investment, legal tips to avoid fraud, and the role of specialized firms like “Hala Marbella” in streamlining the legal and administrative procedures.

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Overview of Residency in Spain Through Real Estate Investment

What Is Residency in Spain Through Real Estate Investment?

Residency in Spain through real estate investment is a legal residency permit granted to foreign investors who purchase property in Spain for at least €500,000.

The eligible properties include apartments, villas, offices, and even buildable land.

This method grants the right to reside in Spain without requiring employment or sponsorship.

Also referred to as Spain residency by property investment, this option is ideal for those who wish to enter the European market via the Spanish gateway.

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Benefits of Obtaining Spanish Residency Through Real Estate

Acquiring a Spanish real estate investor residency by purchasing property offers many advantages:

• Legal residence in Spain.
• Free movement within the Schengen Zone.
• Possibility of permanent residency in Spain after five years.
• Eligibility to apply for Spanish citizenship after ten years.
• Access to Spain’s excellent healthcare system.
• Ease of opening bank and investment accounts.
• Ability to include family members in the Spain property visa program.

What Is the Spanish Golden Visa?

Definition of the Spanish Golden Visa

The Spain Golden Visa, or “Golden Visa Spain,” is a special program launched by the Spanish government in 2013 to attract foreign investors.

Through this initiative, individuals can obtain Spanish residency through real estate or other financial and business investments.

It is one of the best European programs, offering the opportunity to purchase property in Spain for residency purposes without the requirement to reside permanently in the country.

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Spain Golden Visa Requirements

To qualify for the Spain real estate investment visa, the following conditions must be met:

• Investment in property worth at least €500,000.
• Clean criminal record, both within and outside the EU.
• Comprehensive health insurance covering the period of stay in Spain.
• Proof of sufficient financial means to support oneself without formal employment.
• At least one visit per year to maintain investor residency status.

Residency Requirements in Spain for Investors

What Documents Are Required?

When applying for the Spain investor visa, you will need the following documents:

• A valid passport.
• Proof of property purchase (deed, invoices, etc.).
• Evidence of financial capacity (bank statements, proof of monthly or annual income).
• International health insurance.
• Recent personal photographs.
• Criminal record certificate from the country of residence.
• Visa application form and a signed declaration not to work in Spain (investor only).

Is There a Minimum Property Value?

Yes, the key condition for the Spanish real estate residency program is that the property’s value must be at least €500,000.

Multiple properties can be purchased to meet this threshold, whether apartments, land, or commercial units.

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Application Steps to Obtain Residency in Spain

How to Apply for Residency in Spain

The process of obtaining Spanish residency through real estate involves several important stages:

1. Searching for a suitable property for real estate investment in Spain.
2. Completing the purchase and legal registration of the property.
3. Preparing all required documents and filling out the application forms.
4. Apply either from within Spain or via a Spanish embassy or consulate in your country.
5. Awaiting approval and receiving the temporary residency permit.
6. Renewing the permit every two years as long as the property remains in your possession.

Difference Between Temporary and Permanent Residency

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Temporary Residency in Spain for Investors

The temporary residency is for an initial one-year period, renewable every two years.

Investors are not required to live permanently in Spain to keep this status—one visit per year is sufficient.

Permanent Residency in Spain Through Investment

After holding a Spanish golden visa for five years, investors may apply for permanent residency, provided they have resided in Spain for at least 183 days per year.

After ten years, they may be eligible to apply for Spanish citizenship.

Best Spanish Cities for Real Estate Investment

Marbella: An Attractive Investment Destination

Marbella is one of the top cities in Spain for buying property for residency, thanks to its natural beauty, mild climate, and large foreign community.

Hala Marbella: Exceptional Advisory Services

Hala Marbella offers tailored packages for those seeking residency in Spain through real estate, including:

• Access to reliable property options.
• Translation and legal consulting services.
• Full support throughout the Spanish golden visa application process.

Risks and Legal Advice

How to Ensure the Legality of the Property

To avoid fraud, always follow these recommendations:

• Check the land registry to confirm there are no debts or mortgages on the property.
• Work with a lawyer who specializes in Spanish real estate law.
• Request all legal documentation for the property.

Tips to Avoid Real Estate Fraud

• Do not pay any amount before signing a contract.
• Verify the identity of the seller or real estate agent.
• Avoid working with unlicensed intermediaries.
• Choose a trusted company like Hala Marbella.

Real Estate Residency Program in Spain: Practical Steps

What Does the Residency Program Include?

The Spanish real estate residency program covers:

• Residency for the investor, their spouse, and minor or dependent children.
• Freedom to reside and work.
• Opportunity to open a business or purchase a company.
• Access to educational institutions.

Duration of Residency and Renewal

• Initial residency is valid for one year.
• It is renewed every two years as long as the property investment is maintained.
• After five years, permanent residency may be requested through the real estate route.

Comparing the Golden Visa to Other Immigration Programs

Why Is the Golden Visa a Better Option?

• Does not require full-time residence in Spain.
• Allows free movement within the Schengen area.
• Faster processing than other programs.
• Less complex than traditional immigration procedures.

Can the Visa Be Converted to Citizenship?

Yes, after ten years of legal residency, applicants can apply for Spanish citizenship, provided they meet the residency and integration requirements.

FAQs: How to Get Residency in Spain Through Real Estate Investment

1. How long does it take to get residency in Spain after purchasing property?

The process typically takes between 2 and 4 months after all required documents have been submitted.

2. Can family members be included in the Spanish Golden Visa?

Yes, spouses and children under 18, as well as financially dependent children, can be included.

3. Is full-time residence required to be eligible for the visa?

No, one visit per year is sufficient to maintain the Spanish real estate investor residency.

4. What’s the difference in rights between temporary and permanent residency?

Permanent residency grants full rights to work, study, and reside freely.

5. Can the property be sold after obtaining residency?

Yes, but selling the property before securing permanent residency may lead to the loss of residency rights.

Conclusion: How to Get Residency in Spain Through Real Estate Investment

Obtaining Spanish residency through real estate is a smart and effective choice for those aiming to relocate to Europe.

Through the Spain property investment for residency program, you can build a better future for yourself and your family.

Don’t forget the importance of working with a trusted advisor like Hala Marbella, who ensures legal protection and support at every step.

Now is the perfect time to buy property in Spain for residency and start a new life full of opportunities in one of Europe’s most beautiful countries.