Spain’s Residency Permit Program for Investors commenced in September 2013 with the introduction and passing of the new Entrepreneurs Law. There are 3 different types of qualifying investment available under the new Entrepreneur Law.
- €500,000 euro investment in real estate
- A minimum capital transfer of €1,000,000 euro into a Spanish Bank deposits or Company
- A €2,000,000 euro minimum purchase of Spanish debt bonds
There is an additional qualification criteria through setting up of a company and the creation of employment.
The focus of Global Citizen Realty is Spanish residency through a €500,000 investment in Spanish property.
The real estate €500,000 minimum value must be free of charges. It means that if the property has a mortgage or a seizure the amount of those charges are deducted from the price for the purpose of calculating the minimum value.
For a request for more detailed information/factsheets please feel free to contact us.