Residency & Citizenship in Spain Frequently asked Questions

The Benefits of Acquiring Residency in Spain

• Residency: The investor and his first-4degree family relatives will be issued a residency permit giving them the right to live, study and conduct business in Spain.
• Visa-Free Travel: Residents of Spain can travel visa-free throughout the Schengen Area.
• Potential Pathway to Citizenship: Residents of Spain who live for at least ten years consecutively are entitled to apply for residency in Spain. This is reduced to just 2 years for nationals from Latin American countries and the Philippines and descendants of Sephardic Jews.
• Education and Healthcare: The investor and their immediate family members shall also be able to enjoy the education and health services that are available in Spain.
• Relative Affordable Living: Compared to surrounding countries Europe, the cost of living in Spain is still quite low, at least by Western European standards.

Spain's Residency Visa Programs 2024

Spain Golden Visa Designed For Investors

The Spanish Golden Visa is an official residency permit for a foreigner who is wealthy and willing to invest in Spain and get residence and potentially citizenship. Compared with the majority of other schemes, the one proposed is far less bureaucratic and brings several important advantages to the investor and respective members of the family.

Investment Options:

• Real Estate: A few examples of actions are: capital expenditure for the purpose of investment in a residential property that costs €500,000 or more in order to purchase property.
• Shares: €1,000,000 or more in shares of a Spanish company as a foreign investor for the purposes of proving that they have the financial means to conduct operations in Spain or the invested capital.
• Public Debt: €2,000,000 or more in the different Spanish public debts.

Eligibility Criteria:

• Non-EU Citizen: In addition, to be eligible for the residence permits, the applicant has to be a non-EU citizen.
• Sufficient Financial Means: Any applicant has to present such a document as a guarantee of income for personal support as well as for his/ her family. This means the applicant should possess a bank account of at least €30000.
• Health Insurance: The applicant must be covered under the Spanish health care system as a policy holder.
• Clean Criminal Record: The applicant should not be of bad character as regards the commission of crimes in the application of the law.

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Spain Non-Lucrative Visa Designed For Retirees and Financial Independent Persons

The Spanish non-lucrative visa is a residency permit for financially independent persons interested in relocating to Spain with no entitlement to work or permission to engage in a business within the country. The program offers an affordable pathway to residency and provides a wealth of Spanish residency benefits.

Financial Requirements

The applicant must demonstrate the fact that not only he/she, but the family members as well can meet their living expenses. The applicant must receive a minimum income of €2,400 as a regular guaranteed monthly income or a yearly income of €28,800.

Eligibility Requirements

To qualify for a Spain Non-Lucrative Visa, applicants must meet the following criteria:

• Non-EU Citizen: Another limitation is that the applicant should not be a citizen of the European Union.
• No Economic Activity: The applicant should not have any form of business, trade or job in Spain.
• Health Insurance: The applicant must have health insurance and this must be attained in Spain.
• Clean Criminal Record: The applicant cannot have any criminal records, and should have a clean slate.

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Spain Digital Nomad Visa Designed For Remote Workers & Freelancers

The Spain Digital Nomad Visa acts as a permit for the foreigners willing to reside and work virtually in Spain. It provides for the possibility of a flexible work schedule and numerous opportunities for employees who work from home.

Financial Requirements:

In order to qualify Digital nomads must be able to prove that they earn at least € 2,300 per month which corresponds to 200% of the minimum wage in Spain. Alternatively, savings of at least € 26,000 in a local bank is also sufficient.

Eligibility Criteria:

• Non-EU Citizen: This implies that the applicant cannot be from the EU. 
• Remote Work: This person must have a genuine remote work contract or be a freelancer and able to prove income from a source outside of Spain.
• Private Health Insurance: Grab health insurance in Spain..
• Clean Criminal Record: The application must have a clean slate as far as criminal records go.

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Spain Citizenship Programs In 2024

Spain Citizenship By Descent For those with Spanish Heritage

For those of you with Spanish blood running through their veins, you may be able to apply for citizenship in a matter of months, with absolutely no requirement to invest in the country!

Through the Spanish Citizenship By Descent Law, The Spanish Government allows individuals with Spanish Ancestry to apply for Spanish Citizenship. This includes Children with Spanish parents regardless of where they were born as well as grandchildren whose parents acquired nationality pror to leaving Spain.

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Fast-Track Citizenship For Sephardic Jewish Descendents

Previously the government of Spain had legislation which meant that all Jews with Spanish bloodline were able to apply for Spanish Citizenship. This law has now expired. However, Sephardic Jews who have legally resided in Spain for two years or more are entitled to apply for Spanish citizenship, down from the standard residency requirement of at least ten years.

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Fast-Track Citizenship For Nationals from Former Spanish Colonies

Citizens from former Spanish Colonies including all nationals from Latin America plus The Philippines and even Portugal can benefit from a fast-track pathway to citizenship in just 2 years!

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Spain Residency & Citizenship Applications with Lincoln Global Partners

Lincoln Global Partners is a specialist international investment immigration consultancy firm that assists clients from across the globe in acquiring second residencies and citizenship. Our team can support you throughout the process from initial consultations to the end of the application process. Reach out to us now and explore a wealth of opportunities to acquire residency and citizenship in Spain.

How much is Spanish Citizenship?

Spain does not directly have a citizenship-by-investment program. So it is not possible to ‘buy Spanish Citizenship’. However, those who are eligible for Spanish citizenship can expect to pay around €5,000 in legal fees for their application.

What are the citizenship in spain requirements?

In most cases individuals can apply for Spanish nationality after 10 years of residency in Spain. This is reduced to just 2 years for people from countries in Latin America and other countries like the Philippines and Portugal. Spanish nationality can also be acquired by marriage or by birth after on year of residency even if you or your Spanish parents were born outside Spain.

For adults is to be able to apply for Spanish Citizenship they must first pass the exam DELE A2 and the cultural exam in order to prove their Spanish Language Proficiency and Cultural and Historic Understanding of Spain.

Does spain allow dual citizenship?

In General, Spain only permits dual citizenship with nationals from countries with a dual citizenship treaty such as the Iberian countries, The Philippines and Portugal.

How long does it take to get citizenship in Spain?

The citizenship application process generally takes around 1 year.

How to get the Spanish Residency Card?

To obtain the Spanish Residency Card, you’ll need to apply for a visa or permit depending on your reason for staying (work, family, investment, etc.). After entering Spain, you must register at the local police station or immigration office and apply for the Residency Card within 30 days.

Can I get Spanish Residency from UK?

Yes, UK citizens can apply for Spanish residency. After Brexit, UK nationals must apply for residency through Spain’s non-EU visa programs, such as the Non-Lucrative Visa or the Golden Visa for investors.

How long does it take to get a Spanish Residency?

The processing time varies by residency type. For example, the Non-Lucrative Visa can take around 1-3 months, while the Golden Visa typically takes 2-3 months, depending on the volume of applications and other factors.