I’ve been exploring Spain’s Golden Visa program and learned that purchasing property can grant residency. However, I’m curious about the required investment amount and the benefits that come with this residency. Can anyone share experiences or provide more details about the application process?
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How does the Spanish real estate program for residence work?
How does the Spanish real estate program for residence work?
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Spain’s Golden Visa program is an excellent choice for investors looking to combine property ownership with residency benefits. According to Residence Permit in Spain through the Purchase of Real Estate, an investment of €500,000 or more in real estate makes you eligible for a residence permit. This visa allows free movement across Schengen countries and provides a path to long-term residency. The application process is streamlined, and Spain’s vibrant real estate market ensures good returns on your investment, particularly in tourist-friendly areas like Madrid, Barcelona, or coastal towns.