GOLDEN VISA IN SPAIN RENEWAL
FULL ASSISTANCE TO RENEW YOUR GOLDEN VISA IN SPAIN
To renew your Golden Visa (also known as the Investor Visa) in Spain, you must continue to meet the initial investment requirements and maintain the conditions under which the visa was initially granted.
This means you must still have:
- The Qualifying Investment: The investment that initially qualified you for the Golden Visa must still be in place. This could be:
– Real estate investment (minimum €500,000)
– Investment in Spanish public debt (minimum €2 million)
– Investment in shares of Spanish companies (minimum €1 million)
– Bank deposits in a Spanish financial institution (minimum €1 million)
– A significant business project in Spain (approved by the government) - No Criminal Record: You must not have a criminal record in Spain or any country where you have resided for the past five years.
- Public Order Considerations: You must not be considered a threat to public order.
- Sufficient Financial Resources: You must demonstrate that you have sufficient financial resources to support yourself and your family members who are also renewing their visas. The exact amount required can vary, but it is generally based on the IPREM (Public Indicator of Multiple Effects Income). More Info Below
- Health Insurance: You and your family members must maintain valid private health insurance coverage in Spain.
- Compliance with Tax Obligations: You must be up-to-date with your tax obligations in Spain.
Frequently Asked Question
No, you do not. In case of real estate, the investment must still be €500K (or €1M, depending on your partnership).
Financial requirements to Renew your Golden Visa in Spain
You must be in Spain whilst applying. This is mandatory by law. We have detailed below the ways to apply for this visa.
- Economic assets: Having monthly incomes or savings according to the Spanish public income index (IPREM*) as follows:
– 400% of the IPREM* for the main applicant
– 100% of the IPREM* for each family member
(*) Current IPREM in Spain: €600/month (July 2024). It can be a current balance, so we recommend to deposit the money in your Spanish bank account.
- You must have kept your full private health insurance from an insurance company registered in Spain;
- No debts with the Tax Agency in Spain;
- You may need an updated marriage certificate and its legalisation.
We can assist you to apply for the Golden Visa Renewal in Spain. No matter if you are in Spain or not.
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