Residence permit in Spain by investment

Main ways to move to Spain

Features of immigration to the Spanish kingdom. Two options for moving: without the right to work and with the possibility of employment. Who can expect to receive Spanish citizenship?

Spain is rightfully recognized as one of the most favorable countries for comfortable living. The state provides adequate taxes that do not constrain people. Applicants are attracted by the excellent climatic conditions, friendly environment in the country, reasonable prices, and safety. And according to successful immigrants, it is possible to move to Spain for permanent residence - their reviews of the Trust Group company and the relocation procedure confirm this.

Features of emigration to the Spanish state:

• Adaptation after moving to the state occurs quickly. The authorities are making concessions to applicants who wish to immigrate to Spain. A simplified procedure for opening a bank account is provided for applicants, a reduced tax rate has been established
• The applicant should remember that it is difficult to obtain a residence permit the first time. There is no need to be upset. The Spanish Migration Service checks applicants very carefully
• The official language of the state can be learned at any age
• The Russian diaspora in the country is large

Investment options for obtaining a residence permit in Spain

To obtain a temporary residence permit in Spain, you can invest in three ways.

Investments in financial assets

Real Estate Investments

To obtain a Golden Visa and/or a Spanish residence permit, the applicant must document the purchase of real estate in the country for an amount equal to or greater than €500,000. The investor's purchase must be free of any encumbrance or lien.

If funds are invested in an expensive property, the encumbrance should not extend to that part of the property that is worth the €500,000 required by law.

Business Investments

There are no clear requirements for the minimum amount of investment in a business, however, your commercial project must be in the interests of the Spanish state, that is, meet one or more of the following evaluation criteria:

• Create new jobs;
• Represent significant public and economic interest for the region where it will be carried out;
• Make significant contributions to scientific and technological innovation.

A positive opinion on your business project is issued by the Trade and Industrial Representation at the Spanish Embassy at the place where you applied for an investor visa.

WITHOUT EMPLOYMENT OPPORTUNITIES

The option “without the right to work” is considered the easiest. The emigration method is suitable for people who do not need to get a job. This category of applicants includes pensioners, citizens who have regular payments and receive benefits on an ongoing basis. The main condition: the applicant should not have a salary, he should not have a job. The applicant must receive a sum of money from outside every month to ensure comfortable living.

It is important for the applicant to take care of opening a bank account and purchasing real estate. If these conditions are met, the citizen has the opportunity to obtain a multiple visa. The document is issued for 90 days. During this period, the applicant must prepare a package of documents for obtaining a residence permit in Spain. This residence permit does not provide for the possibility of earning an income.

Obtaining permanent residence and Spanish citizenship

Permanent residence permit

A Spanish residence permit obtained for investment does not require your permanent presence in the country. However, if you applied for a resident card for permanent and legal residence in Spain, after 5 years you and your loved ones will have the opportunity to apply for permanent residence.

Those planning to become a permanent resident of the kingdom should not be absent from the country longer:

• 6 months in a row;
• 10 months in total for the 5 years preceding the filing of the application for permanent residence.

The remaining requirements of the immigration authorities are standard: the applicant has no violations of the law, good health, health insurance and a sufficient degree of integration into Spanish society.

Permanent residents of Spain have virtually the same rights and responsibilities as other Spaniards. You can enjoy government-provided social benefits and benefits without losing your first citizenship. But you cannot be elected to government bodies, you will not be drafted to serve in the army and you will not be hired to work in the police.

Spanish citizenship

If you have been permanently residing in Spain for the last 10 years and you are not afraid of some of the peculiarities of Spanish immigration law, you can apply for naturalization.

Prospective Spanish citizens of foreign origin must:

1. Have lived in the country as a permanent resident for the last 5 years before applying for citizenship;
2. Documentary proof of the legality of your residence in the kingdom;
3. Fluent in Spanish;
4. Understand the lifestyle, traditions and customs of your new homeland;
5. Have no debts to the tax service and other state regulatory authorities;
6. Have an impeccable reputation - have no criminal records or violations of immigration laws;
7. Renounce your first citizenship.

With rare exceptions - for example, when the applicant comes from a country that was a former Spanish colony - Spain does not recognize dual citizenship. If you would like to retain your first citizenship but are unsure whether this is an option, please contact one of our immigration specialists for detailed advice.

WITH EMPLOYMENT OPPORTUNITY

This option is suitable for people who are looking for work. In this case, the potential employer must submit an application to the Ministry of Labor for a permit to use the labor of a foreigner. After receiving permission and collecting a package of documents, the applicant should contact the Spanish consulate located in his home country. The purpose of the visit is to obtain a visa. However, a permit issued by a potential employer does not guarantee the citizen will receive a visa. A refusal may come from the Spanish consulate.

Required documents:

• a completed application form;
• a copy of a foreign passport certified by a notary;
• a medical certificate confirming that the applicant is mentally healthy and has no infectious diseases;
• photo - 4 pcs.

Requirements for candidacy of an investor

1. The applicant must be over 18 years of age.
2. Evidence that the investor has enough legal funds received outside the Spanish kingdom to make investments.
3. The main investor and his adult dependents must provide certificates of no criminal record for the last 5 years. Violations of immigration laws are also unacceptable.
4. The future investor and his family must be in good health and must have a health insurance policy from a private or public insurance company accredited to work in Spain.

REGISTRATION OF SPAIN CITIZENSHIP

Not all applicants have a chance to obtain citizenship of the country. It is important for the applicant to reside in the state for more than 10 years. But there are exceptions for certain categories of persons. These include:

• citizens married to residents of Spain;
• applicants with refugee status;
• applicants who wish to reunite with their family (a person must prove that his close relative has lived for more than 1 year in the territory of the Spanish state).

PURCHASE OF REAL ESTATE

Buying a home is a good option for job seekers who dream of immigrating to Spain. The authorities have established a minimum value of real estate that allows one to count on obtaining a residence permit. It amounts to 500 thousand euros. If the applicant does not have the required amount, the country's authorities can provide a loan in the amount of 70% of the cost of housing at a reasonable interest rate. Having your own property simplifies the procedure for obtaining Spanish citizenship.

Source https://kirov.online/zizn-za-gorodom/varianty-migracii-v-ispaniyu

Important details. Is there any point in moving to Spain at all - revelations.

We continue to study from the inside the life of Nashi in Spain. Beginning: 01/13/2021 ● Does it make sense to move to Spain at all - it couldn’t be more frank Previously about the same: 01/2/2021 ● What benefits does Spanish citizenship provide? Important dialogue from the workshop

Igor (#129791, 01/17/2021 12:25) Hello, dear Nikolay! Although you did not promise that further answers would be coming soon, I could not wait for a detailed analysis of the situation and I ask that you give my wife and I intermediate short answers so that we can continue to make or not make plans to move from Russia to Spain. Short and specific to make it easier for you to answer. First, a continuation about medicine: 1) What’s wrong with the world-famous Spanish transplantology? 2) What’s wrong with the general medical care system in Spain, because the person who signed up as Victor3 in the comments to our conversation writes:

=== Many people criticize the medical system, but if you have something serious, they will treat you for free, even if you are an illegal immigrant. Many people criticize education, but our children here are the best. Whoever wants to learn, and lazy Spaniards stay for repeat years. And so in every aspect. .

===

In the end, I want to return to the most important question about the meaning of immigration, but approach it from a different angle. You say that it makes sense to go to Spain when you know for sure that what you are looking for is there. Even my wife, with her fixed idea to move to Spain, became clear: making plans to move as a certified translator was a mistake. OK.

Then in what areas of Spanish life does it make sense for emigrants to make plans?

In the tourism sector - this is a tourist country, isn't it?

In the field of football - this is a football country, isn't it?

In what areas of Spanish life do immigrants from Russia have a chance of success?

Thank you in advance for your answers and I apologize for my impatience.

Igor, 01/17/2021 12:25

Answer: Hello, dear Igor! The comment you quoted, signed by Victor3, reads: “Many people criticize the medical system, but if you have something serious, you will be treated for free, even if you are an illegal immigrant.”

Let's figure it out. The fact that many, primarily the Spaniards themselves, including doctors, criticize the local public health care system is absolutely true. The system often cannot cope with the load and freezes. Moreover, all this is repeated many times every year. You don't have to look far for examples. Let's look back exactly a year, to January last year... No, better than the year before, because last year the coronavirus already began its victorious march across Spain.

So, we find: 01/13/2019 ● In Spain, people die in queues in emergency rooms without the attention of doctors." Anger and indignation at the facts presented in the news of the NUMEROUS lethal consequences of medical negligence in relation to seriously ill patients led people to a well-organized mass demonstration against “helpless medical care.”

If, dear Igor, this seems like a coincidence to you, look at what compatriots write in the comments:

Elena Same thing by ambulance to the hospital in Vilahayos, I didn’t tell anyone at all, I thought no one would believe it, my stomach was burning for 5 hours (it turned out to be a hole in the stomach, a perforated ulcer, no one came up in some distant room on the first floor) my daughter was with me I've been screaming for 5 hours, I'm really dying, I tell my daughter, call the police, she called and told everything as it is, after 10 minutes they took me to the ward, etc. Now I understand it would be better to call 112 life threat, it might be useful to someone, if not If they called the police, she would definitely have died

Inna We also know 2 cases died in the queue. but we don’t know how much. My husband came by car to the center of Salud, he was out of breath. There was no one there, only a security guard.

Marfa In mid-December, the cabecera, in order to relieve herself of responsibility, wrote a referral to the Girona hospital. She arrived on her own, was accepted in Urgensia, and the grandmother was sent to gynecology, where, after sitting at the door for an hour and a half, she finally asked a question about the advisability of waiting. After another hour and a half, the long-thinking miracle came out, apologized, and offered to return to Urgencia. She returned, undressed me, put me in a box, waited for two hours when they came and asked who I was and why I had come. Within an hour, blood and urine tests were done. By nightfall they came to tell me to go home, nothing urgent. At the end of December, a second heart attack of both lungs, thrombosis, a week in the hospital and now on thinning injections for the rest of my life.

Evgeniy In Spain, doctors treat their own people somehow, but they have no interest in treating foreigners at all. They try to get rid of such a patient as quickly as possible. Or they say that there is nothing wrong (for example, varicose veins do not need to be treated), or age is to blame (after 50 years, what do you want? It’s age..) Or all diseases are treated with ibuprofen. Don't bother.

We’ll leave it at that, although I found almost a hundred similar cries of the soul, similar to the desperate “voice crying in the wilderness,” in the comments and at the workshop in Russian Spain. Enough for a decent brochure.

Over 25 years of actively studying and covering the lives of compatriots in Spanish realities, I came across the only complaint about the quality of the world-famous Spanish transplantology with its record statistics and bold innovation. This was Yuri's statement on the thread: https://russpain.com/favorites/istorii-iz-zhizni-i-sudby/#comment-127718 (Yuri)

Against the backdrop of the high assessment of this branch of Spanish medicine by world and domestic specialists (02/17/2020 ● The experience of Spanish transplantology, which Russia should adopt), this is not a fly in the ointment, but a drop in the sea or a grain of sand in the African Sahara. The country also gained the undoubted leadership of the USSR and Russia in nuclear energy and virology at the cost of bitter mistakes.

Let's return to your main question, Igor: Does it make sense to move to Spain at all?

The saying “There's a truth in every joke” has this playful version of “There's a joke in every joke” (meaning: everything else is true). .

For stay-at-home immigration dreamers, a playful version of the joke “If you want to make God laugh, tell him your plans” applies. That is, 90% of the cheerful statement about plans for a bright future abroad is pure truth. They never or almost never come true.

The “success” you mentioned, dear Igor, when applied to the standards of immigrant life in practice means not the result of purposeful work, but “luck,” that is, a random favorable coincidence of circumstances.

As an example, I will give two articles about the same successful pragmatist in Spain - a Kazakh businessman. I emphasize his evaluation criteria (pragmatist) and origin (Kazakh), in order to completely exclude the justification of contradictions by the “mysterious soul of a Russian romantic.”

One of the articles in your favorite series “Over the Hill” is called “How a guy from Temirtau became a winemaker in Spain” (https://russpain.com/old-news/news-20659/). In it, Aigerim Abilmazhitova, a correspondent for Tengrinews.kz, contrary to the revelations of the interviewed hero Shukhrat Khakimov, but in full accordance with the laws of the genre and in the manner of “how our people achieve success in the civilized world,” conveys to readers the idea: “a compatriot overcame the difficulties of adaptation in Europe and reaps the benefits of a prosperous life.” After reading her publication, I just want to roll up my sleeves and start clearing the way to well-being guaranteed by the civilized world.

Of course, on the part of the publication, it was not without the attributes of the genre that I previously mentioned: “I won’t say what I dreamed of since childhood” and “I realized that I want to continue my education.” In stories about life abroad, these phrases are used not so much with meaning, but instead of “hello.” You don't need to pay attention to them.

What Sharhat really wanted to say: Meanwhile, in another article “Cold embrace of a foreign land: why do Kazakhstani immigrants scold their homeland” (https://russpain.com/za-bugrom/holodnye-obyatiya-chuzhbiny-zachem-kazahstancy-immigranty -rugajut-rodinu/) the same Shurkhat Khakimov confesses:

It is impossible to say that Spain, England or France are the best countries in the world for doing business. There is still bureaucracy here. […] This, I’ll honestly tell you, is so difficult that I don’t even want to remember. That’s why I don’t understand people who break away and go to a foreign country in search of a better life. Among them there are those who live poorly in their homeland, but, straining with all their might, save money, come, for example, to Spain and live even worse than at home. You can also justify a retirement move - to live out the evening of life in a warm place. But just to take it and move in adulthood, to start everything from scratch at 35–40 years old... Many of our people, having left, begin to say that in Kazakhstan everything was bad with [opportunities for] business. Actually this is not true.

To complete the story of the Kazakh businessman, there are two “cherries on the cake”: - in his wine-making works there is one more character - an investor, without whom the business would not have taken place and at whose whim it can... Let's not talk about the bad. Let it prosper! . “He called the habit of living with a tightly tightened belt his main quality, thanks to which a native of the ex-USSR managed to survive in Spain.

Igor, ask your wife: will she be satisfied with such a half-starved ascetic life in Spain?

In conversations on this topic with fellow immigrants who are especially susceptible to illusions, they are usually sobered by the phrase: “Remember your plans that you made 5 years ago and compare them with what surrounds you today. Could you imagine this?” Acts as ammonia.

Shurkhat is well aware that his current status is a game of chance and speaks directly about it. But the “calendar theory” is much more widespread about when a bright future arrives for a visitor to Spain, for which he left his homeland.

Victor3, whom you, dear Igor, quote, names a period of 3 years, after which a visitor in Spain becomes a more or less free master of his own destiny.

Others believe that complete freedom comes after 5 years, when the Spanish immigration authorities issue a long-term residence (“permanent residence permit”), which provides “almost the same rights as a citizen.”

Still others call a period of 10-15 years, after which in Spain a legalized foreigner can request (10 years) and actually receive (13-15) Spanish citizenship.

And of those who have all these terms behind them, who never received manna from heaven, only a few return to their homeland, if there is still somewhere, to whom and to what to return. The rest, having experienced the hardship of “starting everything from scratch” at retirement or pre-retirement age, remain, but not in anticipation of gifts from a foreign land, but in the hope that living here will not be completely bad.

God forbid you think that I am deliberately suppressing the facts of the successful arrangement of my compatriots in Spanish life. Of course, they exist, but the successful careers of absolutely all the lucky people I know took place not thanks to immigration, but to a happy coincidence of circumstances and despite the machinations of their stepmother - a foreign land.

I wrinkle my forehead, remembering who rose up, developing activity exclusively among the Spaniards and... I don’t remember a single one. All, that is, ALL successful characters known to me, built their careers either by directly exploiting the labor of compatriots in need of work, or by profiting from their misfortunes (lawyers, dentists), or by capturing the “Russian segment” of some market (real estate, services). Or here is a fresh - today - example of a business of compatriots in Spain that is successful in terms of profitability: 01/18/2021 ● Fee for a scam: why Russian students are expelled from Spanish universities

Of course, the Russian Spaniards I know are a drop in the ocean compared to the total size of the diaspora of all former Russian-speaking countries. I am only telling you about those I know directly or indirectly.

The words “despite” bring us close to the answer to your other question, about school education in Spain.

The comment you quoted, dear Igor, signed by Victor3 also reads: “Many people criticize education, but our children here are the best. Anyone who wants to can learn, but lazy Spaniards stay for repeat years. And so in every aspect"

That's right! Diligent and knowledge-seeking Russian children delight parents, teachers, and school administrations with their successes. The only pity is that not enough excellent students were exported here from Russia - diligent ones who did not succumb to the widespread Spanish school “relaxation” that surrounded them. My son, left behind by his mother after a divorce, succumbed to the trend and dropped out of school. I found out about this by accident, since my ex did not allow me to meet with my child, but failure to comply with court decisions with the support of militant feminism is a separate, very painful topic for many fathers. If you, Igor, a respected co-author, are interested, someday I will tell you about how quarrels with their wives often end in disaster for men in Spain, a totally feminist country.

But let's get back to school education. Naturally, I repeatedly asked my son, who was 15, 16, and 17 years old at the time, about the reasons that prompted him to quit his studies. The expected answer: “What’s the point of studying if young people with university diplomas are just as unemployed as those without school certificates.” We speak Spanish with him, because he cannot speak Russian at all and understands his native language very poorly.

Through the mouth of a young man speaks Truth, in this case. The kingdom's universities produce far more Spanish-speaking specialists than are required in the country. And this is a problem, as they say, “with a beard.”

Taking into account youthful maximalism, it really turns out that “why the hell go to the store if it’s closed. When it opens, then I’ll go.” (And yet, at the age of 20, he went to study at a two-year state course similar to our vocational school FP - formación profesional. Whether he is studying now, I don’t know. He suddenly stopped responding to calls, letters and SMS, no matter how much I tried to please him when we contacted him) .

For a long time now, I have had a standard answer to this topic, often raised by my compatriots, in my “piggy bank” - a dialogue from a workshop on immigration. Main idea: Immigration to Spain does not shorten or simplify the path to education, but lengthens and complicates it. The conversation took place in the economically prosperous year of 2007. Over the years since then, next to the question of HOW TO GET a Spanish education, an even more important problem has arisen: WHAT TO DO WITH THIS SPANISH EDUCATION?

Actually, a participant in our Workshop posed the question precisely in terms of prospects for Russian children in Spain (dialogue below). And now I would answer it completely differently. I would tell her that already in 2012...

A new word has appeared in Spanish to designate young people with a good education, but without work - JESP (an abbreviation for jóvenes emigrantes sobradamente preparados). In not a literal, but a semantic translation, this is educated youth emigrating from Spain who are not in demand on the national labor market. These are mainly university graduates forced to look for work in other countries. Over 3 years (2008-2011), 300 thousand HESPs left the country. Spain has become the European leader in the number of unemployed graduates in Europe. After receiving an education, every second Spaniard cannot find a job. And as of January 1, 2019, already 2`545`729 Spanish citizens were organizing their lives outside their homeland. 61% are in the American region, 35% are looking for happiness in Europe.

Here are excerpts from the original of the long dialogue. Quote: No. 6138, Natali * Continuation of No. 6085 * ... Unfortunately, I am only familiar with our compatriots who work in blue-collar professions, is it really possible that their children will not be able to rise to a higher professional level. I would like at least a “drop of optimism.” If parents accomplished a feat in the name of their children, what awaits their children? Thank you, Nikolay. Natali

No. 6146, Nikolay * Hello, Natali! “Ah, it’s not difficult to deceive me. I myself am glad to be deceived...” This is about your conversion. It seems that you have decided to immigrate to Spain and you lack convincing arguments. My opinion on this issue has not changed since the opening of the portal: “For the sake of the children,” those who cannot clearly explain the motives for moving to another country say with pathos, but personally, this statement seems to me not only false, but not entirely sincere. I will tell you more about this in one of my upcoming essays, but now I will give two facts: - The social world of immigrant children, contrary to popular belief, is not expanding, but, on the contrary, is narrowing. In the overwhelming majority of cases, children of immigrants are friends and generally maintain relationships only with children of fellow immigrants who are like themselves. Those Spanish children who find themselves among ours are outcasts in their children's society. — The level of knowledge in our domestic schools and universities is still much higher than the local one. If we are not talking about geniuses on a global scale, then the prospects for professional growth in the homeland are higher than in a foreign land. If our children become firmly established in Spain, it is not “thanks to immigration”, but DESPITE it. Adaptation to a Spanish school, where everything has to start almost from scratch (everything, all knowledge is “reformatted” into Spanish) is like a brake on an educational career, turned on during acceleration. Well, or like a long-term illness in a sports career at its very peak. This is a loss of rhythm and speed. Sincerely yours, Nikolay

No. 6148, Vera * Nikolay, I agree with you 200%. It’s painful to see what our children in Spain are becoming. My dream is a waiter. The ultimate dream is being the owner of a restaurant or winning “proudly” in the lottery. They are poor and have no one to rely on; for everyone here they are estrangers, just like their parents. I pulled my son out of physics and mathematics school. Now he is a peon [a laborer or helper in production, a pawn in chess], and almost all of his former classmates are students. He no longer knows how to write correctly in Russian, and he’s unlikely to learn Spanish. Will the Lord forgive me? Will his son forgive when he becomes an adult? I go to church, light candles. Natalie, first give your son an education, then homologate [Homologación - recognition procedure, confirmation. NK] his diploma and all paths with good knowledge will be open to him. Faith End of quote

Don’t believe Russian Spaniards, non-specialists? Here's an expert's opinion about the dangers of stress for children when receiving education abroad? Here's an expert's opinion: 01/21/2021 ● Studying away: what does the internationalization of education lead to?

Dear co-author Igor! This is how the aspects of immigrant life that interest you are seen by the immigrants themselves, who have already managed to part with the illusions they brought from home about an overseas paradise.

This is exactly what Ivan Andreevich Krylov wrote about in his fables : Fable: THE WOLF AND THE CUCKOO

“Goodbye, neighbor! - The Wolf said to the Cuckoo, - It was in vain that I beckoned myself with peace here! You still have the same people and dogs: Each is angrier than the other; and even if you are an angel, you can’t avoid a fight with them.” —

“How far is the neighbor’s way? And where are the pious people with whom you think you can live in harmony?” - “Oh, I’m going straight to the forests of happy Arcadia.

Neighbor, that's the side! There, they say, they don’t know there’s a war; The people are meek as lambs, And rivers flow there with milk; Well, in a word, golden times reign!

Like brothers, everyone treats each other, And even, they say, dogs don’t bark there, Not only don’t bite.

Tell me yourself, my dear, Isn’t it nice, even in a dream, to see yourself in such a quiet land? Sorry! don't remember us badly!

This is where we will live: In harmony, in contentment, in bliss! Not like here, walk with caution during the day and don’t sleep peacefully at night.” —

“Happy journey, my dear neighbor! - The cuckoo says. “Are you going to leave your temper and teeth here, or are you going to take them with you?” —

“Come on, what nonsense!” - “So remember me, why should you be without a fur coat.” - The worse someone’s character, the more he shouts and grumbles at people: He doesn’t see the good ones, no matter where he turns, And the first one himself won’t get along with anyone.

*** BEE AND FLIES

Two Flies got ready to fly to foreign lands, And they began to call the Bee there with them: The parrots told them great praise about distant lands. Moreover, they themselves seemed offended that they, in their homeland, were driven away from guests everywhere; And even to what extent (how are people not ashamed, And what kind of eccentrics are they!): In order not to give them sweets at the sumptuous tables, They came up with glass caps from them; And in the huts the villains are spiders. “The path is good to you,” the Bee answered: “And it’s nice for me And on my side. From everyone for hundreds of dollars I found love for myself - From villagers to nobles. But you fly wherever you want! Everywhere you will be happy: Friends, you will not be anywhere without being useful, You are neither respectable nor kind, And the spiders will only be happy for you And there.” - He who works for the benefit of the fatherland will not be easily separated from him; And whoever lacks the ability to be useful, the alien side is always pleasant to him: Having not been a citizen, he is less despised there, And no one there is annoyed by his idleness. End of quote

Recently here, about the same thing: 12/29/2020 ● 12 types of mental baggage of our migrants, including TRANSNATIONALS 01/02/2021 ● Dialogue on the benefits of Spanish citizenship.

May God grant you and all of us health and good luck! Sincerely yours, Nikolay