LOCATION: Located in extreme southwestern Europe
LANGUAGES SPOKEN: Spanish, English
NEAREST AIRPORT: Madrid Barajas Airport, Barcelona Airport
MAJOR INDUSTRIES: Tourism, Automotive
Spain boasts the world’s 14th largest economy and regularly ranks highly for standard and cost of living and quality of life. Spain’s world-class beaches, mouth-watering cuisine, rich culture and high living standards are attractive prospects for relocation.
This route to immigration depends on an applicant’s ability to support themselves with their liquid funds, have a university degree that is recognized in Austria or knowledge of the German language at A1 level, permanent accommodation in Austria, health insurance that provides full cover in Austria and no criminal record. (Under the sufficient funds criterion, you must be able to show liquid assets at your disposal of about EUR 40,000 per adult and EUR 10,000 per child below 18 years. These assets should be in the form of a statement of account from an Austrian or major international bank). Applicants do not receive a work permit under this program and must rely on their independent means to support their livelihood.
Key Advantages of Spain Residence Permit:
Application processing Time: 60 days
No Minimum Stay requirement for retaining or renewing the Spanish residency visa permit
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.