VISAS FOR SPAIN

Your Key to Living Your Spanish Dream

Obtaining a visa in Spain as an American is a straightforward process that allows you to explore the endless possibilities this beautiful country has to offer. Whether you’re looking to invest in a Spanish property, pursue business opportunities, study, or simply experience the Spanish way of life, there are several visa options available to suit your needs.

From the Non-Lucrative Visa, which allows you to reside in Spain without employment, to the Golden Visa for investors, Spain offers a range of pathways for Americans to live and thrive in this vibrant country. The Investor Visa and Entrepreneur Visa provide opportunities for those looking to make significant investments or start their own business ventures.

Target Estates is here to assist you every step of the way. As a trusted real estate agency, we not only help you find your dream property in Spain, but we also offer comprehensive support in navigating the visa process. Our experienced team can provide guidance, answer your questions, and connect you with trusted immigration professionals to ensure a smooth and successful visa application. Count on us to make your transition to Spain as seamless as possible, allowing you to focus on the excitement and opportunities that await you in this remarkable country.

Contact Target Estates today and let us help you make your Spanish dreams a reality.

NON-LUCRATIVE VISA

The Non-Lucrative Visa is a visa category suitable for Americans who wish to reside in Spain without engaging in any employment or professional activities. It is a popular choice for retirees, individuals seeking to enjoy their time in Spain, or those with sufficient financial means to support themselves without working in the country.

Here are some key details about the Non-Lucrative Visa for Americans in Spain:

  1. Financial Requirements: Applicants must demonstrate sufficient financial means to support themselves and any dependents during their stay in Spain. This typically includes providing bank statements or other financial documentation to prove a stable income or savings.
  2. Health Insurance: It is mandatory to have private health insurance coverage that is valid in Spain. Proof of health insurance coverage must be submitted during the visa application process.
  3. Documentation: The required documents for the Non-Lucrative Visa application may vary slightly depending on the Spanish consulate or embassy where you apply. However, common documents include a valid passport, completed visa application form, proof of financial means, proof of health insurance, and a criminal record clearance certificate.
  4. Duration and Renewal: The initial Non-Lucrative Visa is usually granted for one year. After the initial period, you can apply for a renewal, typically in one-year increments, as long as you continue to meet the financial requirements and other visa conditions.
  5. Residency Permit: Once in Spain, you will need to apply for a Foreigner Identity Card (TIE) within 30 days of arrival. This card serves as your residency permit and allows you to legally reside in Spain. 

The Non-Lucrative Visa provides an opportunity for Americans to enjoy the rich culture, beautiful landscapes, and relaxed lifestyle of Spain without the need for employment.

GOLDEN VISA:

The Golden Visa is an attractive visa program offered by Spain to non-EU investors, including Americans, who make significant investments in the country. This visa allows individuals and their families to live, work, and study in Spain, with the possibility of obtaining permanent residency and, eventually, citizenship.

Here are some important details about the Golden Visa for Americans in Spain:

  1. Investment Options: The Golden Visa requires making a qualifying investment in Spain. The most common investment route is through real estate. By purchasing a property in Spain with a minimum value of €500,000, you can qualify for the Golden Visa. Other eligible investment options include capital investments, business ventures, and government bonds.
  2. Visa Benefits: The Golden Visa provides various benefits, including the right to reside and move freely within Spain and the Schengen Area. It allows visa holders to work, study, and access healthcare and other public services in Spain.
  3. Family Eligibility: The Golden Visa extends to the immediate family members of the investor, including spouse or partner, children under the age of 18, and financially dependent adult children.
  4. Residency Requirements: To maintain the Golden Visa, individuals are required to visit Spain at least once during the initial visa validity period (usually one year) and meet the minimum residency requirement in subsequent renewal periods.
  5. Permanent Residency and Citizenship: After residing in Spain for five consecutive years with a valid Golden Visa, individuals can apply for permanent residency. Citizenship can be obtained after ten years of legal residence in Spain, with the last two years as a permanent resident.
  6. Application Process: The Golden Visa application process involves submitting the necessary documentation, including proof of investment, background checks, medical insurance coverage, and a valid passport. The application is typically processed through the Spanish consulate or embassy in your home country.

It’s essential to consult with immigration lawyers or consultants experienced in Spanish immigration matters to ensure compliance with all the requirements and to navigate the Golden Visa application process successfully.

The Golden Visa offers a fantastic opportunity for Americans looking to invest in Spain and enjoy the benefits of living in this beautiful country while having the freedom to travel within the Schengen Area.

INVESTOR VISA

The Investor Visa is a visa category in Spain that allows Americans and other non-EU nationals to reside and engage in entrepreneurial or investment activities in the country. It is designed for individuals who make a substantial investment in Spanish assets, such as real estate, government bonds, or business ventures. Here is some important information about the Investor Visa for Americans in Spain:

  1. Investment Requirements: To qualify for the Investor Visa, you must meet the minimum investment threshold set by Spanish authorities. The minimum investment amount can vary and depends on the type of investment. Common investment options include real estate (minimum investment varies depending on the location), government bonds (minimum investment of €2 million), or capital investment in a Spanish business (minimum investment of €1 million).
  2. Business Venture Requirements: If you choose to invest in a Spanish business, you need to present a viable business plan demonstrating the economic and job creation potential of your project. The business should have the capacity to make a significant contribution to the Spanish economy.
  3. Visa Benefits: The Investor Visa grants you and your family members the right to reside, work, and study in Spain. It allows you to freely move within the Schengen Area for short-term visits. The initial visa is usually granted for one year and can be renewed.
  4. Documentation: When applying for the Investor Visa, you will need to provide various documents, including proof of the investment made, business plan (if applicable), valid passport, background checks, medical insurance coverage, and evidence of financial stability.
  5. Residency Permit: Once you have obtained the Investor Visa and arrived in Spain, you will need to apply for a Foreigner Identity Card (TIE) within 30 days. The TIE serves as your residency permit and allows you to legally reside in Spain.
  6. Permanent Residency and Citizenship: After residing in Spain for a certain period (usually five years) with a valid Investor Visa, you may be eligible to apply for permanent residency. Citizenship can be obtained after ten years of legal residence in Spain, with the last two years as a permanent resident.

ENTREPRENEUR VISA 

If you plan to start a business or invest in a Spanish company, the Entrepreneur Visa is suitableIt is designed for individuals with innovative business ideas or entrepreneurial ambitions Here is some important information about the Entrepreneur Visa for Americans in Spain:

  1. Business Plan: To qualify for the Entrepreneur Visa, you need to present a comprehensive business plan that outlines your proposed venture. The business plan should demonstrate the economic and job creation potential of your project and its viability in the Spanish market.
  2. Investment Requirements: While there is no specific minimum investment amount for the Entrepreneur Visa, you are expected to have sufficient funds to support your business project. The investment amount will depend on the nature and scale of your business. It’s important to demonstrate that your investment will have a positive impact on the Spanish economy.
  3. Entrepreneurial Experience: Spanish authorities also consider your entrepreneurial experience and qualifications when evaluating your visa application. Demonstrating relevant expertise and knowledge in your business field can strengthen your application.
  4. Business Incorporation: Once your visa is approved, you will need to incorporate your business in Spain and register it with the relevant authorities. This process may involve fulfilling legal and administrative requirements, such as obtaining a tax identification number and registering for social security.
  5. Visa Benefits: The Entrepreneur Visa grants you and your family members the right to reside, work, and study in Spain. It allows you to freely move within the Schengen Area for short-term visits. The initial visa is usually granted for one year and can be renewed.
  6. Residency Permit: After arriving in Spain with the Entrepreneur Visa, you will need to apply for a Foreigner Identity Card (TIE) within 30 days. The TIE serves as your residency permit and allows you to legally reside in Spain.
  7. Permanent Residency and Citizenship: After residing in Spain for a certain period (usually five years) with a valid Entrepreneur Visa, you may be eligible to apply for permanent residency. Citizenship can be obtained after ten years of legal residence in Spain, with the last two years as a permanent resident.   

The Entrepreneur Visa provides an opportunity for Americans with innovative business ideas to establish and develop their ventures in Spain, contributing to the country’s economy and enjoying the benefits of living in a dynamic and entrepreneurial environment.

STUDENT VISA 

The Student Visa allows Americans to study in Spain for an extended period. Here is some key information about the Student Visa for Americans in Spain:

  1. Purpose: The Student Visa is designed for individuals who plan to pursue academic or professional studies, including university programs, language courses, or research programs, in Spain.
  2. Duration: The Student Visa duration depends on the duration of the chosen academic program. It typically covers the duration of the course, with additional time for travel and preparation.
  3. Enrollment in an Educational Institution: To obtain a Student Visa, you need to provide proof of acceptance or enrollment in a recognized educational institution in Spain. This can be a university, language school, or other accredited educational program.
  4. Financial Requirements: You must demonstrate sufficient financial means to cover your tuition fees, living expenses, and potential healthcare costs while studying in Spain. This requirement may vary depending on the specific circumstances and the region where you will be studying.
  5. Health Insurance: It is mandatory to have health insurance coverage that is valid in Spain. You need to show proof of health insurance coverage during the visa application process.
  6. Documentation: Required documentation typically includes a valid passport, completed visa application form, acceptance letter from the educational institution, proof of financial means, health insurance coverage, and a criminal record clearance certificate.
  7. Residency Permit: Once in Spain, you will need to apply for a Foreigner Identity Card (TIE) within 30 days of arrival. This card serves as your residency permit during your study period.

 The Student Visa provides an opportunity for Americans to pursue their educational goals and experience the vibrant academic environment in Spain, while also enjoying the rich cultural heritage and lifestyle the country has to offer.

 

 

It’s important to note that visa requirements and procedures may vary, and it’s advisable to consult with the Spanish Embassy or Consulate in your home country for the most up-to-date and accurate information. Additionally, working with an immigration lawyer or consultant experienced in Spanish immigration matters can help navigate the process and ensure compliance with all requirements.

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If you are looking to buy, sell, or manage a property in the Spain, Target Estates is the brokerage to trust.