Spain is an important south western EU state and also signatory of schengen agreement. Spain has warm climate and hot summers. The currency is Euro. Spain is major producer of olives, fruits and food products. The country has well developed transport systems and real estate is in high demand. Madrid (capital), Barcelona, Valencia, Sevilla, Grenada are some of the important major cities in Spain.
Residence program
Non-lucrative visa or entrepreneur residence.
Citizenship program
No citizenship by investment. Naturalisation after 10 years of legal residence.
Investment Name
Non-lucrative visa or entrepreneur residence
Minimum Investment
- Non-lucrative visa: proof of sufficient passive income or savings
- Entrepreneur residence under Startup Law 28/2022: an innovative business project
Visa Type:
Residence permit issued for 2 years (renewable after).
Processing time
Varies. Contact us for current timing.
Minimum Stay Requirements
No minimum stay requirements. A visit to Spain atleast once required.
Permanent Residency (PR)
After 5 years
Spanish citizenship
After 10 years of residence
Spanish passport
Spanish passport holders can visit these countries without visa.
Spanish Company Types
The common two types of companies incorporated in spain:
- “Sociedad Limitada” –“Limited Company” (share capital €3000)
- “Sociedad Anónima” –“Public Company” (share capital €60,000)
Taxes
Taxes does not apply as long as you dont live for more than 6 months.
VAT
Spain VAT is 21%
EU VAT is charged when invoicing to Business-2-Consumer and Business-2-Business transactions within European Union VAT system. EU VAT is exempted when a EU registered firm quotes a valid VAT number in their invoice. EU VAT does not apply for transactions outside EU.
For example, if VAT is 10%, Product X (from Germany) costs €100, the net amount charged to Mr.Y (France) is €110.
You cannot Apply
- If you have visa denial to schengen countries, UK.
- If you have past criminal record.
- If you are a threat to safety and security of the country.
- If you fail due diligence test
- If you are from blacklisted country or trade embargo imposed.
Double citizenship
Restricted. Dual citizenship is only possible in some cases.
Last reviewed November 2026. Programme rules change often, so confirm details with us before investing.
