The Spanish government yesterday published the new “Emprendedores” or “Entrepreneurs” law. It includes new rules on visas and residency, the so called Golden Visa for Spain. The limit for a residency visa through a property purchase in Spain will be €500,000. The government hopes to have the new law ready by August. It looks ambitous considering it has taken eight months to reach this point but thankfully there seems to be some urgency now in pushing this through. It was published by the official bulletin of the Spanish Parliament. So it can be trusted as an official initiative (the first official document on this law) although changes are still possible. Soon we should be able to offer solutions to clients for Spanish residence visas through the purchase of property in Spain. We will publish more here once our lawyers have had chance to decipher the proposed legislation, hopefully in the coming days. If you haven’t already done so please sign up for our blog and you will be notified as developments happen.
Can this be 2 or more properties including a commercial and a residential properties with a total value of 500000 Euro or more?
We understand that it will be for more than one property including commercial. But please bear with us until we have clearer assessment of the draft legislation.
Any idea , the visa will be granted to the family including children also is there any age limit of the person applying for Golden Visa
For certain it will include children. Not clear yet on other immediate family members likewise any age limit.