Immigrate to Spain
Want to immigrate to Spain from Hong Kong?
Compared to many other European countries, Spain tends to have a lower cost of living. Spain’s healthcare system has been rated among the best in the world.
Immigration to Spain increased significantly in the beginning of the 21st century. In 1998, immigrants accounted for 1.6% of the population, and by 2009, that number had jumped to above 12% — one of the highest in Europe at the time. As of 2020, foreign-born people in Spain make up 15.23% of the Spanish population.
Spain provides residency permits to non-EU investors known as the ‘Investors Residency’, commonly referred to as a ‘Golden Visa’.
Spain is one of the world’s preferred destinations to immigrate to, being the 4th country in Europe by immigration numbers. It ranks as the ‘best place in Europe’ for expats waning to enjoy life.
Spanish Visa Information
Investors Residency (Golden Visa)
- You must make one of the following investments out of your own funds:
- €500,000 on Spanish real estate.
- €2 million on Spanish Treasury bonds.
- €1 million on Spanish company shares.
- €1 million in investment funds constituted.
- €1 million in bank deposits in Spanish financial institutions.
- A ‘major’ business investment which fulfils at least one of the following conditions: i) Meaningful job creation, ii) significant socioeconomic impact in the area where the investment takes place, iii) technological or scientific impact.
- Must be over 18 years of age
- Have no criminal record in Spain or in the countries where you have resided for the past five years.
- Not be subject to an alert issued for the purposes of refusing entry in the territorial space of countries with which Spain has signed an agreement in this regard.
- Have a health insurance policy with an insurance company authorised to operate in Spain.
- Have sufficient financial resources for you and members of your family during your residency in Spain.
- Have paid the visa or authorization processing fee.
Note:
- The investment can also be made through a company, so long as the company is not based in a tax haven, and you can demonstrate a controlling stake in it (direct or indirect control over the voting rights and the power to name and remove the majority of board members).
Disclaimer
The information on this site is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. For an evaluation of your personal circumstances one of our team would be happy to assist.
Jamison Law Group
By Appointment Only
+852 2824 8535
hongkong.office@jamisonhk.com
