The following Spain residency by investment criteria must be met to acquire a permanent residence permit:
Investment Amount | € 500,000 |
Property Transfer Tax | 10% of property price |
Tax on Real Estate | Dependent on area |
Property Income Tax “Annually” | Approx 1.1%- 2% |
Spain Golden Visa | € 70 per applicant |
Spain PR Card | € 70 per applicant |
A residence permit for 1 year is issued and can be renewed (for a 2-year period each time), provided that the real estate property is still owned by the applicant.