Pau Claris, 162 08037 Barcelona +34 934 881 050
NON RESIDENTS
Visa and Authorization residence for investors in Spain
BA advocats for  Non Residents

 

BOE 28/09/2013

SPANISH Act supporting entrepreneurs and internationalization: Real Estate Investment 500.000.- Euros. The Spanish Parliament has enacted a new law that benefits the entry of investments in Spain and grants visas and residence permits.

Foreigners interested in coming in or residing, or whom are already residing in Spain, will be facilitated in their entry and residence in Spanish territory for economic reasons when they are:

a) Investors.
b) Entrepreneurs.
c) Highly qualified professionals.
d) Investigators.
e) Workers involved in intra-firm movements within the same company or group of companies.

The applicant must compliance with the following requirements:

a) Not be irregularly in Spanish territory.
b) Be at least 18 years.
c) No criminal records in Spain and in the countries where they have lived for the last five years, in relation to offenses under the Spanish legal system.
d) Not included as objectionable in the countries with which Spain has signed an agreement to that effect.
e) Have a public insurance or private health insurance concluded with an Entity insurer authorized to operate in Spain.
f) Have sufficient resources for themselves and their family members during their period of residence in Spain.
g) Pay the fee for processing the permit or visa.

Close family of the investor can also apply for a special visa, even if only one of the family complies with the requisites.

Non-resident aliens who intend to come in to the Spanish territory in order to make a significant capital investment, may apply for an entry visa, or just in case, a residence for investors visa.

“significant capital investment” will consist in one of the following assumptions:

A) Initial investment of
  • 2 Million € in public debt
  • 1 Million € in shares of spanish enterprises
  • 1 Million € in investment funds
  • 1 Million € in bank deposits in spanish financial entities
B) The acquisition of real estate in Spain with an investment equal than or superior than 500.000.- EUR per applicant.
C) Enterprise project of special interest to be developed in spain

VISA: Accreditation Form of investment
The residence for investors visa will be a sufficient title to reside in Spain for at least one year.
The applicant must prove that he is the owner of real estate by providing one or more certificates from the Land Registry which certifies the property within ninety days prior to the application. In case that the property acquisition is in the process of registration in the Land Registry, the applicant has to present a certified copy of the public deed and the justification of the valid entries or its renewal within sixty days preceding to the date of the application.

The applicant shall prove that he has a real estate investment of 500,000 Euros free of any liens or encumbrances. The part of the inversion that excedes the said 500,000 Euros, can be subject to liens or encumbrances.

AUTHORIZATION residence for investors:

The way to prove the investment Foreigners can ask for a residence investor’s permit for more than 1 year period, which will be valid throughout the national territory. The residence permit will be in force for 2 years and can be extended for 2 years more.

To apply for a residence invertors’ permit, the applicant must:
a) Be the holder of a residence inverstor’s visa in force or be within ninety calendar days after the expiration of this.
b) Have travelled to Spain at least once during the period allowed to reside.
c) The investor must demonstrate that the investment has remained equal to or greater than the minimum amount required:The applicant must justify that he is the proprietor of real states for the minimum amount required (500.000.- Euros).

The applicant must prove that he is the owner of real estate by providing one or more certificates from the Land Registry which certifies the property within ninety days prior to the application.

Authorisation procedure.
The processing of the residence permits are competency of the Unit for Large Companies and Strategic Economic Sectors, which will contemplate the use of electronic means and it will be granted by the Department of Immigration. The maximum resolution period will be twenty days counted from the filing of the application. If not resolved within that period, the authorization will be estimated by administrative silence.

The resolutions will be motivated and could be appealed in accordance with the provisions of Articles 121 and 122 of Law 39/2015, of 1 October, on the Common Administrative Procedure of Public Administrations

The authorization holders can apply for renewal for periods of two years as long as they maintain the conditions that generated the right.


PROFESSIONALITAT

El nostre objetiu és oferir al client el més alt nivell de professionalitat, qualidad i immediatesa.

AGILITAT

La nostra firma està atenta a la realitat del mon dels negocis i del mercat, a les seves constants evolucions i respon a aquesta necessitat adaptant-se de forma immediata als canvis i a les noves tendències, amb l’objectiu que els nostres clients en surtin beneficiats.

PROXIMITAT

El nostre objectiu és poder orientar les relacions amb els clients perquè siguin duradores i ens permetin acompanyar- los al llarg dels anys en el seu creixement estratègic.

EFICIÈNCIA

Una estreta col·laboració entre els diferents  departaments del despatx que poden donar una visió més integral  a les qüestions que plantegi el client, amb la finalitat principal d’aportar-li valor i confiança.

INNOVACIÓ

Tenim al nostre espai web dos blocs diferenciats, dinàmics,  exclusiu pels nostres clients, que els permet seguir l’activitat legislativa i pre legislativa , notes jurídiques o articles d’interès.
ELS NOSTRES SERVEIS
AL MOMENT QUE HO NECESSITES

 

Àrees de Pràctiques

El nostre objectiu és oferir al client el més alt nivell de professionalitat, qualitat i immediatesa.


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BA Ports Esportius

BA Ports Esportius pretén facilitar a tots els membres de l’Associació Catalana de Ports (ACPET)


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Non Residents

Visa and Authorization residence for investors in Spain.


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