Golden visa plan in Spain-Marbella choice

Posted by HelenaNelson on February 3rd, 2020

The demand for residency or citizenship in European countries by non-EU nations is increasing these days. In this regard, a scheme was introduced to offer residency in exchange for real estate investment under specific rules and regulations. This scheme is popularly known as "golden visa Spain". This scheme is an excellent concept to attract foreign investment and stimulate the real estate property business and increase the national economy. Marvella Choice is one of the best real estate property dealers that bring investors and real estate property builder together.

€500,000 GOLDEN VISA SPAIN SCHEME PLAN

The golden visa Spain scheme was launched by Spain in the year 2013. According to this scheme, an investment of €500,000 in real estate will gain family residency. Spanish investor visa can be renewed after every two years. To get permanent residency, they need to settle here after five years, and in case they want to get citizenship, they need ten years of residency. It is not essential to live here in Spain to renew the residency visa permit.

Permanent residency and citizenship

It is conceivable to apply for permanent residency in Spain after living in the country for five years. Permanent Citizenship can be used for after living for a full ten years. Despite the temporary residency permit (the golden visa) can be easily renewed without residing in Spain or any other city in Europe, the path to both permanent residency and citizenship in spain requires the investor and his family to reside in Spain. For this reason, the Spanish Golden Visa program is popular with those applicants who either wish to live forever in Spain or maintain a second residency in Europe but without a path to citizenship.

Property investments in Spain

Due to the successive price decline in real estate, real estate property price has reached the bottom price. For this reason, the Spanish property market offers considerable potential for capital gains in the coming years. The investors need to consider their purchase of property carefully before purchasing. Real estate property builders and banks give many offers to investors. However, the location and property type are critical in this approach. In case you are looking for a golden visa Spain and want t to discuss the scheme then you can speak with our expert for further details on the procedures.

Marvella Choice can help you in getting the residency in European country through Golden Visa scheme. We have been into real estate residency business for the past 25 years and have settled many people still now.