Becoming a resident of Spain is made possible through their Spanish residency programme. Let’s take a look at some facts on the land of the setting sun.
Spain is an economic heavyweight, a trillion dollar, high-income economy with a high human development index. The leading employer is the automotive industry, which dominates the economy. Spain is also a leader in Europe, and the world, in the
development and production of renewable energy, of which the lion’s share is taken by wind energy.
Population Spain has a population of around 50 million over an area of 505,370 km2. The country's population density is just below 91 people per km2.
Currency The euro is the official currency since it replaced the peseta in 2002.
Capital City Spain's capital and largest city is Madrid. The estimated population of Madrid is an estimated 3.3 million inhabitants, with 6.6 million living within the metropolitan area.
Languages Spanish is the only language of the country. Dialects of Spanish exist in specific territories including Basque, Valencian & Galician.
Climate There are three climate zones in Spain. In the east and south, it is a typical Mediterranean climate. The weather in the central Meseta area is continental, while in the north and west it is maritime.
GDP Spain has a GDP of nearly $1.3 trillion and is the 13th largest economy in the world.
KEY ADVANTAGES OF SPANNISH RESIDENCY
Visa-free travel in Europe’s Schengen Area and the right to live, work and study in
Spain
High quality of life, mild climate and a high level of security
Entire family is eligible for residency
Benefits of second residency in Spain Living standard quality Spanish residency provides a high standard of living, with low costs for goods and services. EU citizenship The country’s residency by investment programme can lead to citizenship after 10 years of residency if required. Travel requirements There are two places to obtain a Spanish residency card. You can either obtain it from a selected number of police stations or at the Spanish embassy located in your country. You can request Spanish Residency either in person or through a legally authorised person with power of attorney. Visa-free travel The Golden Residence Programme in Spain grants visa-free access within the 26 members of the Schengen zone. Education Spanish residency gives you access to high standards of schooling, as well as access to many prestigious universities at lower EU tuition fees. Healthcare benefits All residents have access to the Spanish public healthcare system, which is ranked the 7th best in the world.
REQUIREMENTS (2 months to residency)
The Spanish Golden Visa Programme offers a range of investment options. The most popular option is a real estate investment into property in Spain as an alternative residence in the Mediterranean to enjoy with the family. The investment always remains yours and can be released after 5 years. In order to keep and renew your residence permit, you will need to ensure that you maintain your investments for 5 years.
The investment options are:
• Acquisition of real estate with a minimum value of €500,000
• Investment worth €1,000,000 in shares of Spanish companies
• Investment worth €2,000,000 into government bonds
• Funds transferof €1,000,000 into a Spanish bank account
For further information or to discuss any of our variouse citizenship through investment programmes, contact me. I will be happy to help with whatever questions you may have.
Rob.
E:robert.gourlay@holbornassets.com T:(+6)01151565649 W:www.rgwealthsolutions.com
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