What are the eligibility criteria for spain golden visa program

If you are willing to apply for the golden visa spain program, then you should become an investor in the Spanish economy. There is a certain criterion of investment that one needs to meet to become a successful applicant for the spain golden visa program. Here are the ways in which one needs to invest. You can choose any one of the three ways that you find suitable for making an investment:

-Purchase a property in Spain worth 500,000 euros

-Buy the shares of any Spanish company or companies worth 1 million euros

-Purchase the state bonds of worth 2 million euros

Even becoming an investor in the economy is not enough to get the residency rights. One needs to prove eligibility on the following grounds as well:

-The age of the applicant should not be less than 18 years and should not be European Union national.

-The applicant must have no criminal record for the past five years before applying for the golden visa in Spain or any other country he/she has lived before

-The absence of all contagious diseases mentioned in the International Health Regulation of 2005

The application process for the golden visa spain

Once you have fulfilled the above-mentioned pre-requisites the application can be submitted to the authorities. If the time frame of 20 days passes without any rejection, the visa is allotted automatically.

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