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.

• Real Estate: Purchase real estate with a minimum value of €500,000.
• Bank Deposit: Issue a bank deposit of at least €1,000,000.
• Investment: Invest €1,000,000 in shares of Spanish businesses.
• Government Bonds: Contribute €2,000,000 in government bonds.
• Business Investment: Start a business in Spain that generates employment, contributes to technological and/or scientific innovation, or has a strong socio-economic impact.

Applicant Requirements:

• The applicant must be over 18 years old.
• The applicant must be a non-EEA citizen.
• The applicant must possess a clear criminal record.
• The applicant must not be on the nation’s list of undesirable people.
• The applicant must hold valid medical insurance and an official health certificate.
• The applicant must not have previously been refused visas or entry into the Schengen zone.
• The applicant must have enough funds to reside in Spain.
• The applicant must make a qualifying investment and provide proof of the respective financial investment.

Key Advantages of Spain Residence Permit:

• Fast processing times. It is possible to acquire the Spanish residence permit within 60 days from the time the Golden Visa application is submitted.
• Travel visa-free. Since Spain is an EU member, when obtaining the golden visa, one can travel visa-free to 26 countries as part of the Schengen zone.
• EU rights. Obtaining a Spanish residency permit means one can live, work and study in Spain.
• Family residency plans: Spouse and children under the age of 18 are guaranteed residency permits. Other family members can also obtain residency, provided paperwork is presented, showing they are the legal dependents.
• Easy renewal. The temporary residence permit can be easily renewed and one has to visit Spain once a year in order to maintain the permit.
• Donation-free. No donation is required as it is an investment-only program that provides many different investment options.
• Access to property market: Obtain right to buy and invest in property throughout EU

​Application processing Time: 60 days
No Minimum Stay requirement for retaining or renewing the Spanish residency visa permit