INVESTOR spanish visa QUALIFYING TERMS The limit is €500,000 for property. It can be for multiple properties and properties can be rented out. It must be cash, not mortgage finance. (except for any additional over €500,000) There is no required date of purchase. Just that it is fairly recent. Therefore purchases now may qualify for the resident’s visa. (In reality it takes 3 months to complete a purchase in Spain anyway). Investors will buy a property then apply. Applications for residency will only be denied in extreme cases. (for example a criminal record or laundered money). Property can be owned through a company provided the applicant shows control of that company. RESIDENCY VISA AND CITIZENSHIP All immediate family will qualify. ie + spouse + children. The visa lasts one year then apply for further two, then further two to ensure property is still retained. Then after five years can apply unlimited. Citizenship and Spanish passport can be applied for after 10 years. LENGTH OF STAY There is no minimum stay requirement. In fact family could reside and the main earner be overseas. Children could reside at university for example. Multiple entry and re entry is allowed. Travel is permitted throughout the Schengen area of Europe. Please contact us for further details on +34 689873390 OR flora.es@hotmail. We offer a full application service through our lawyers and we offer a full portfolio of properties in Spain
Posted on: Sat, 13 Jul 2013 13:14:45 +0000
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