Application for Investor Visa

What is the investor visa? 

Through this process, you can obtain the visa authorization application, where you will receive a one-year permit to reside and work throughout the national territory if you wish.

Residence permits regulated by Law 14/2013, supporting entrepreneurs and their internationalization, facilitate entry and stay in Spain for reasons of economic interest, among others, for investors.

What are the main benefits?

Income Tax Deductions

Improvement of the maximum annual deduction amount, increasing from €60,000 to €100,000, while the deduction percentage has been raised from 30% to 50% for newly or recently created companies.

Deadlines to invest

Investment in newly or recently created companies can be carried out during the first five years of the company's life (compared to the previous three) or seven years for Spanish emerging companies.

Improvement of remuneration policy

Increase in the exemption amount from €12,000 to €50,000 annually in the case of the issuance of shares or stakes to employees of emerging companies.

Managing body

Diplomatic Missions and Consular Offices 

Approximate timeframe

The visa must be collected personally or by a representative, within a maximum period of one month, counted from the day following the date on which the favorable resolution is notified

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¿A quién va dirigido el trámite?

Foreign nationals not residing in the EU who make a significant capital investment in:

  • Acquisition of real estate in Spain.
  • Financial assets (capital investors).
  • Business project (investors with a business project).
     
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¿Qué documentación necesitas?

General documentation:

  • Completed, dated, and signed national visa application form.
  • Recent passport-sized photo with a white background.
  • Valid passport or travel document recognized as valid in Spain. It must have a minimum validity of one year and at least two blank pages.
  • Certificate of criminal record if over 18 years old in Spain, issued by the country or countries where the applicant has resided in the five years prior to the visa application. It cannot be older than three months.
  • Original and stamped documentation to verify the perception of periodic and sufficient income or the possession of assets guaranteeing income perception.
  • Economic means necessary to cover the expenses of stay during the residence period in Spain according to the following amounts: for the sustenance, monthly, 400% of the IPREM, and for family members, 100% of the IPREM.
  • Public or private health insurance contracted with an authorized insurance entity to operate in Spain with a minimum validity of one year.

If you apply for the visa as an individual:

  • For the acquisition of real estate in Spain:
    • Certification with up-to-date information on ownership and charges from the Property Registry corresponding to the property or properties.
    • The certificate must not be more than three months old.
    • Deed of sale formalized before a notary, original, and photocopy.
    • If, at the time of the visa application, the acquisition of the properties is in the process of registration in the Property Registry, it will be sufficient to submit the mentioned certification indicating the validity of the registration entry of the acquisition document, accompanied by documentation proving the payment of the corresponding taxes.
    • If you are a foreign national applicant and have not formalized the purchase, but there is a pre-contract with a guarantee through earnest money or another legally accepted means formalized in a deed, this pre-contract must be submitted with certification from a financial institution established in Spain, accrediting that the applicant has an unavailable bank deposit for the required amount.
    • If you are an applicant, and the investment is made as a married couple under community property or a similar regime, and the investment does not amount to at least twice the specified thresholds, it will be considered that it has been made by one of the spouses. The other spouse can apply for a residence visa as a family member.
       
  • For investment in financial assets, you must demonstrate that you have made the investment in the minimum required amount in the following ways:
    • In the case of investment in non-listed shares or social participations, you should submit the copy of the investment declaration made in the Investment Registry of the Ministry of Economy, Industry, and Competitiveness.
    • In the case of investment in listed shares, you should present a certificate from the financial intermediary, duly registered with the National Securities Market Commission or the Bank of Spain, stating that the interested party has made the investment for the purposes of this regulation.
    • In the case of investment in government debt, you should submit a certificate from the financial institution or the Bank of Spain indicating that you are the sole holder of the investment for a period equal to or greater than five years.
    • In the case of investment in investment funds, closed-end investment funds, or venture capital funds established in Spain, duly registered with the National Securities Market Commission, indicating that the interested party has made an investment of at least one million euros in a fund or funds under its management.
    • In the case of investment in a bank deposit, you should provide a certificate from the financial institution confirming that you are the sole holder of the bank deposit.

      These certificates must be dated within a period not exceeding 60 days prior to the submission of the application.

  • For investment in business projects:
    • Application form for the Business Project Report.
    • Copy of the ID or Passport.
    • If you are not the applicant, you must attach the document authorizing you to submit the documentation on their behalf, accompanied by the ID or Passport.
    • Curriculum Vitae of the applicant detailing their education and professional experience.
    • Business project to be developed in Spain justifying, at least, one of the following conditions:
       
      • Creation of jobs.
      • Implementation of an investment with socio-economic impact of relevance in the geographical area where the activity will be carried out.
      • Significant contribution to scientific and/or technological innovation
    • Appointment of a Representative for the Management of the Business Project.

If you apply for the visa as a legal entity:

  • Report confirming that the visa beneficiary directly or indirectly holds the majority of their voting rights and has the power to appoint or dismiss the majority of the members of their board of directors.

     


 

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¿Cuáles son los requisitos a tener en cuenta?

If you apply for the visa as an individual:

  • Be over 18 years old.
  • Have public or private insurance.
  • Have economic solvency for yourself and your family members during your residence period in Spain.
  • Have no criminal record in Spain and in the countries where you have resided in the last five years.
     

If you apply for the visa as a legal entity:

  • Make an investment of equal or greater value than 500,000 euros.
  • Make an initial investment of equal or greater value in:
    • Two million euros in Spanish public debt securities.
    • One million euros in shares or equity in Spanish capital companies with a real business activity.
    • One million euros in investment funds, closed-end investment funds, or venture capital funds established in Spain.
    • One million euros in bank deposits in Spanish financial institutions.
       
  • Submit a business project to be developed in Spain and considered and accredited as being of general interest.
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What are the steps you should follow?

Step 1. Request and Submission of the Project Valuation Report.

Download, complete, and sign one of the reports, depending on whether you will process it as an individual or a legal entity.

Once the project valuation report is completed, you must submit the report to the corresponding Economic and Commercial Office of Spain.

Step 2. Visa Application and Fee Payment.

Go to the "embassies and consulates" page of the Ministry of Foreign Affairs, European Union, and Cooperation. Download, fill out, and sign the form for the national visa, specifying the reason for the trip. If you are traveling with family members, you must submit a separate application for each member.

After completing the visa application form, you must pay the fee at banks, savings banks, and credit cooperatives. You don't need to have an account open with the institution to make the payment.The visa fee amount depends on the applicant's situation, ranging from €35 to €80.80. Check the fees.
 

Step 3. Appointment and Document Submission.

You must submit the visa application in person. Exceptionally, and for justified reasons, it may be allowed for the application to be made by an accredited representative.

To submit the visa documentation at the Consular Office, you must schedule an appointment.
 

Step 4. Notification.

Once the documentation is submitted and the corresponding fee is paid, the residence visa will be issued within 10 business days. You can collect it at the corresponding consular office or at your residence.

Do you need additional information?

Report Investor as a Legal Entity Format: .pdf. 83.45 KB
Report Project valuation as an individual Format: .pdf. 92.59 KB
¿Necesitas ayuda?

Need help?

Contact us for any question or suggestion
 

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Frequently asked questions

Leave the country immediately.

Under the general immigration regime, the following family members can be reunited (with a minimum residence of one year plus the request for an additional year of residence by the reunifier):

The foreigner can reunite with the following family members in Spain:

  • Their spouse, provided they are not separated in fact or by law, and the marriage has not been fraudulently entered into. In no case can more than one spouse be reunited, even if the foreigner's personal law allows this marital arrangement. A resident foreigner who is married in second or subsequent marriages can only reunite with the new spouse and their family if they prove that the dissolution of their previous marriages has taken place through a legal procedure that establishes the situation of the former spouse and their family regarding common housing, spousal support, and maintenance for minor or dependent adult children.
  • The person who maintains with the reunifier a relationship of an affective nature analogous to marital. For the purposes outlined in this chapter, there will be considered to be a relationship of analogous affectivity to the marital when:
    • That the relationship is registered in a public registry established for this purpose, and the registration has not been canceled; or
    •  That the validity of a non-registered relationship is proven, established prior to the start of the reunifier's residence in Spain. For these purposes, without prejudice to the possible use of any means of proof admitted in law, documents issued by a public authority will take precedence. In this case, what is provided for the spouse in the second and third paragraphs of letter a) of the previous section will be applicable. Marriage and a similar affective relationship are incompatible for the purposes of this chapter.
       
  • Their children or those of their spouse or partner, including adopted children, provided they are under eighteen years of age at the time of the residence authorization application on their behalf or have a disability and are not objectively capable of providing for their own needs due to their health. In the case of children of only one of the spouses or members of the couple, it will also be required that this person exercises sole parental authority or has been awarded custody and they are effectively under their care. In the case of adopted children, it must be proven that the resolution by which the adoption was granted meets the necessary requirements to take effect in Spain.
  • Those legally represented by the reunifier, when they are under eighteen years of age at the time of the residence authorization application on their behalf or have a disability and are not objectively capable of providing for their own needs due to their health, when the legal act from which the representative powers arise is not contrary to the principles of Spanish law.
  • Their ascendants in the first degree, or those of their spouse or partner, when they are under their care, are over sixty-five years of age, and there are reasons justifying the need to authorize their residence in Spain. Exceptionally, when there are humanitarian reasons, ascendants under sixty-five years of age who meet the other requirements established in the previous paragraph may be reunited. Humanitarian reasons will be considered to exist, among other cases, when the ascendant lived with the reunifier in the country of origin at the time the latter obtained their authorization; when the ascendant is incapacitated and their guardianship is granted by the competent authority in the country of origin to the resident foreigner or their reunified spouse or partner; or when the ascendant is not objectively capable of providing for their own needs.
     

Certainly, humanitarian reasons will also be considered when the relative of the reunifier, or their spouse or partner, is the spouse or partner of the other relative, and the latter is over sixty-five years old. In this case, applications for family reunification residence permits can be submitted jointly, although the application of the age requirement exception for the relative under sixty-five is conditioned on the authorization for the other relative being granted. If the competent authority has doubts about the concurrence of another reason for an exception to the requirement, it will raise a prior consultation with the Directorate General of Immigration.

Relatives will be considered dependents of the reunifier if they can demonstrate that, at least during the last year of their residence in Spain, they have transferred funds or covered expenses for their relative, representing at least 51% of the per capita gross domestic product, on an annual basis, of the country of residence of the relative, as established in the Indicators on income and economic activity by country and type of indicator, by the National Institute of Statistics.

 

 

Foreigners holding a long-stay visa or a residence permit issued by one of the Member States may, under that permit and a valid travel document, move freely for a maximum of three months, in any six-month period, throughout the territory of the other Member States, provided that:

  • They meet the entry conditions set out in points a), c), and e) of paragraph 1 of Article 6 of Regulation (EU) 2016/399 of the European Parliament and of the Council of March 9, 2016, establishing a Union Code on rules governing the movement of persons across borders (Schengen Borders Code), and
  • They are not listed on the national list of non-admissible persons of the Member State concerned.

The entry conditions are:

  • Being in possession of a valid travel document that entitles the holder to cross the border and meets the following criteria:
    • it will remain valid for at least three months after the intended date of departure from the territory of the Member States. In justified emergency cases, this obligation may be waived.
    • it must have been issued within the last ten years;
       
  • Being in possession of documents justifying the purpose and conditions of the intended stay and having sufficient means of subsistence, both for the planned stay period and for the return to the country of origin or transit to a third country where their admission is guaranteed, or being able to legally obtain such means.
  • Not being registered as inadmissible in the Schengen Information System (SIS)
  • Not posing a threat to public order, internal security, public health, or the international relations of any of the Member States. Specifically, not being registered as inadmissible in the national databases of any Member State for similar reasons.
  • It's also important to note that there is a possibility that a Member State may, by law, impose the obligation on nationals of third countries to declare their presence in its territory in accordance with Article 22 of the Schengen Convention. Spain has imposed this obligation.

They are processed at the Large Companies and Strategic Groups Unit of the Immigration Subdirectorate, part of the General Directorate of Migrations, under the General Secretariat of Immigration and Emigration of the Ministry of Employment and Social Security. It is located at Plaza de la Remonta, number 12, 3rd floor, CP 28,071, Madrid.

Applications for residence permits regulated by Law 14/2013 must be submitted through the , where you can find all the information about electronic processing.

electronic platform of the Ministry of Employment and Social Security

The applicant, depending on the type of permit, can be:

  • For initial permits:
    • For investors and entrepreneurs, the foreigner themselves.
    • For permits for highly qualified professionals, researchers, or intra-company transfers, the company or entity requiring the services of the foreigner.
    • For family permits:
      • If the application is submitted jointly with the main permit holder, it will be the main permit holder (for investors and entrepreneurs) or the company or entity (for highly qualified professionals, researchers, or intra-company transfers).
      • If the application is submitted at another time, it can be one of the above or the family member themselves
  • Renewals are submitted by the foreigner holding the permit (family members request the renewal of their own permit).

Applications can be submitted by the interested party or through a representative.

You will find the application forms for residence permits at this link.

During their residence in Spain, the foreigner must have coverage either from the public health system or from private insurance. Proof of insurance is not required when there is an expectation that the foreigner (as well as their family members) will be covered by the National Health System due to enrollment in Social Security resulting from a work contract or professional relationship.

For entrepreneurs, if the business activity is not starting immediately, limited-duration insurance is accepted (for example, travel insurance, usually valid for three months). In other cases, there must be public or private health insurance arranged with an authorized insurance entity operating in Spain, providing coverage equivalent to that of the National Health System and for the duration of their permit or at least for one extendable year (travel insurance is not valid).

System for the duration of their authorization or at least for one renewable year (travel insurance is not valid).

For inquiries about Social Security contributions, you can access the website.
 

The law doesn't specify a specific amount or documentation for economic means. Therefore, you can demonstrate that you have economic means through any legally accepted means of proof. For example, with a job contract offer, pay slips, the updated average annual balance of bank accounts, deposits, etc.

All documents must be translated into Spanish. In the case of foreign public documents, they must also have the apostille of the Hague Convention or, failing that, have been legalized through diplomatic channels.

You can obtain more information about document legalization at these links: