Residence Permit

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TWO-YEAR RENEWABLE RESIDENCE PERMIT: 

Some additional requirements are needed in order to obtain this permit. The investor should:
Hold an investors’ visa.
Have travelled to Spain at least once during this period.
Still own a real estate for the value of at least 500,000 Euros or maintain an investment of the same or higher value.

DURATION AND RENEWAL OF THE RESIDENCE PERMIT

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FAMILY REUNIFICATION

  • The family members who can benefit from this residence permit are:
  • The spouse.
  • The children or the children of the spouse who are under the age of 18 years (children with disabilities are not restricted to the age of 18).
  • The ward legally represented by the sponsor, providing to be under 18 years or disabled.
  • All family residence permits expire upon expiry of the sponsor’s residence permit.
  • Appendix: Acquisition taxes
  • Taxes associated with buying a Spanish property are calculated in two ways:
  • New Property Purchase
  • VAT (10% of property purchase value)
  • Stamp Tax (1.5% of property purchase value)
  • Register Fees
  • Notary Fees
  • Second Hand Property
  • ITP Tax (10% of property purchase value)
  • Register Fees
  • Notary Fees