We are frequently asked the following questions and Our immediate response is ONE word answer;

• Question # 1: Does a purchase of Property allows Me & the Family to Live in Spain???
• Answer: YES
• Question # 2: Can Me & My Family become Spanish Residents and have access to ALL of the adjoining EU Countries???
• Answer: YES
• Question # 3: Can I have the opportunity to conduct Business/Businesses and be a Resident of Spain along with my Family???
• Answer: YES

Since the Spanish Legislator allows Non-Residents to avail RESIDENCY in this Beautiful Landscape, through various Legal methods; CAPTAIN COSTA REAL ESTATE takes this opportunity by working as a Liaison/Coordinator for a popular and affluent Spanish Immigration Law firm. This allows Our Cliental to further their interest and avail a complete package:

• (a) Purchase of Property (GOLDEN VISA)
• (b) Residency in Spain (With or Without Work)
• (c) Bank to Bank Money Transfers (NO HIDDEN CHARGES)

Golden Visa is an opportunity offered by the Spanish Legislator for Non-EU (European Union) audience to avail Residency Permits for Self & Family and reside in this wonderful part of the world either on a part-time or full-time bases. The choice is yours. Furthermore, the Visa offers to the holder and family members a visa free access to the entire Schengen Zone.Before guiding you through the details, it is necessary to mention that Captain Costa (Real Estate Agency) works in close collaboration with a renowned Spanish Law firm based in Marbella, Malaga to handle the paperwork and legal side of the Residency Permit Process. And believe me up-to-date legal service is an absolute necessity.

QUALIFICATION FOR GOLDEN VISA

Normally, and in most cases Golden Visa is popular with applicants who purchase real estate. However, it is also available to business people interested to invest in a Spanish company which is why the Permit is also referred to SPAIN INVESTOR VISA. But for the benefit of the readers, we shall restrict this post to Property Purchase.

The eligibility for this investment requires:

- Purchase of real estate in Spain worth at least €500,000. This can be in one single property unit or several, with an overall worth of no less than €500,000. Through experience one has noticed that the latter option remains to be more popular with the applicants.

For example, A few years ago a young family of husband and wife, three school going children Immigrated from Pakistan under the Golden Visa Spain scheme. They made the right move and bought out 4 properties on a budget of slightly over €500,000 hence, renting out 3 of these properties whilst living in one. This arrangement has worked out very well for this family specially in the Covid 19 testing times.

REAL ESTATE PROCEDURE

The very first step is to confirm the Investment on property/properties. And for that you would most likely have to travel to Spain and finalize the purchase. In addition, the following must be fulfilled:

- You must be 18 years or older

- No history of criminal record

- No earlier refusal of Schengen Visa

- Must have Health Insurance in Spain

PURCHASE

If the property has been purchased, proof must be submitted of acquired ownership through a Certificate issued by the Land Registry within 3 months prior to the application. This Certificate must include the purchase amount of no less than €500,000. If the purchase has not been finalized, a preliminary contract can be submitted which would include down payment, a letter from a financial institution in Spain proving the availability of required funds.

FAMILY GOLDEN VISA SPAIN

Dependent family members must apply for their Visas. Family being:

- Your Spouse

- Children under the age of 18

- Children who are not minors but none the less dependent due to health or mental conditions do qualify for the Visa

- Dependent elderly Parents

The family members will also receive “Resident Permits” thereby enjoying the freedom of movement within the Schengen Zone.

Again, the paperwork, applications, communications, translations will be taken care by the Law Firm.

GOLDEN VISA SPAIN VALIDITY

The Visa is received at the Embassy based in the country of origin and is valid for 1 year.

During this year, the recipient must enter Spain and exchange the Visa for a Spanish Resident Permit which in turn will be valid for 2 years. This Residence Permit can then be renewed indefinitely, without any requirements to stay in the Country if the Investment is maintained. However, for renewal purposes travel to Spain is necessary.

Now, if you intend to live in Spain then Permanent Residency can be applied after a period of 5 years continuously being here at least for a period of 6 months in a year.

CITIZENSHIP SPAIN

Golden Visa or Investment Visa is a pathway to citizenship as long as you live in the country for a period of 10 years. That is 6 months out of 1 year for 10 years. Although the process from being a Resident to a Spanish Citizen is pretty straight forward, there would be requirements such as knowledge of the language and the Country in general. Remember, a Spanish passport allows access to the EU job market and a visa free access to over a hundred countries.

BENEFITS OF GOLDEN VISA SPAIN

Spain is part of the European Union, which means Spanish residents can travel visa free to all Schengen Zone countries for up to 3 months in a 6-month period, as can your family members. Other benefits include:

- You do not have to live in Spain to renew the residence permit – but you can if you want to.

- You can work and live in Spain Legally.

- You can bring your family members along (Spouse, children, and dependent parents)

- You and your family members will have access to Public Services such as State Health Care and Schooling.

Required list of documents for application will be advised and furnished by the Law Firm.

Spain is a beautiful country blessed with magical coast lines, picture post card country sides, amazing golfing resorts, running rivers, lakes, and snow-clad mountains. Its geographical location allows the landscape to be maintained as one of the cleanest and safest environments. If you are looking for an upgrade in life for self and family then this is the place to be at.

We are based on the famous Costa Del Sol, Malaga Southern Spain. And due to the presence of a large expat community the entire area feels more like an International Spot whilst maintaining the local ambiance. This is surely a place to find yourself a perfect home and be a part of a friendly and peaceful lifestyle.

1. Self-Employed Residency

This Residency Permit is for applicants interested in starting a Business in Spain. The Permit allows the applicant to legally work in a business venture and reside in Spain. You can apply with Your Spouse and dependent Children to obtain the Spanish Residency

2. Non-Lucrative Residency

This Permit is for applicants who wish to Retire in Spain Or for those who would rather conduct their business remotely. In this case, a proof of receiving a regular Income anywhere in the world is required.

The Business Activity could be through Corporate Dividends or Interest on Investments. Whereas the Permit does not allow the applicant to officially work in Spain, it can be applied with Spouse and dependent Children under the age of 18.

Within All of the above activity when movement of Funds comes into play; Captain Costa offers Bank to Bank easy Money Transfers at No Extra Charges.

(Please have a look at the TAB Money Transfer)