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Information about a "Golden Visa" - Page 3

Posted: Mon May 16, 2022 4:00pm

Posts: 40

star10 helpful points

Location: Mijas

Joined: 25 Apr 2021

Posted: Mon May 16, 2022 4:00pm

Dannyb333 wrote on Sun May 8, 2022 5:06pm:

This is very useful information regarding the available Real estate. Not sure if this is the place to ask a question about a golden visa.... but here goes. I've been with my partner for 6 years, but not married. If we bought a property valued at 500,000 euros can we both get the visa? I asked our...

 

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... lawyer in Marbella and he wasn't sure. Any knowledge about this is truly appreciated!

My wife and I have just obtained the Golden Visa. One of you has to invest a minimum of 500k Euros, it can't be any less than that. So you can't own the property jointly if it is less than 1m Euros. You need to have one of you owning at least 500k of it if that makes sense.

You can work in Spain on the GV but not on the NLV. Once you spend over 183 days in Spain you are taxable here regardless and will have to pay Spanish taxes. On the GV you can spend less than 183 days a year here and remain taxable in your home country.

We used a good lawyer for the GV and I recommend doing so. You can apply for the GV from inside Spain whereas the NLV has to be applied for from outside. But when the GV application is in you are not allowed to leave Spain until it is approved. Ours was rejected twice as they wanted an updated marriage certificate apostilled. Took a long time to explain that the marriage certificate is the marriage certificate! We had to get a copy apostilled and that did the trick. You will also have to provide a Police Clearance certificate and evidence of a specific amount of income per annum. Plus you have to buy a one year private medical insurance policy.

Bryan 

Posted: Tue May 17, 2022 12:06am

summerkiwi

Original Poster

Posts: 10

star1 helpful points

Location: Estepona

Joined: 18 Apr 2022

Posted: Tue May 17, 2022 12:06am

Bryan61 wrote on Mon May 16, 2022 4:00pm:

My wife and I have just obtained the Golden Visa. One of you has to invest a minimum of 500k Euros, it can't be any less than that. So you can't own the property jointly if it is less than 1m Euros. You need to have one of you owning at least 500k of it if that makes sense.

You can work in Spain on the GV but not on the NLV. Once you spend over 183 days in Spain you are taxable here regardless and will have to pay Spanish taxes. On the GV you can spend less than 183 days a year here and remain taxable in your home country....

 

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...

We used a good lawyer for the GV and I recommend doing so. You can apply for the GV from inside Spain whereas the NLV has to be applied for from outside. But when the GV application is in you are not allowed to leave Spain until it is approved. Ours was rejected twice as they wanted an updated marriage certificate apostilled. Took a long time to explain that the marriage certificate is the marriage certificate! We had to get a copy apostilled and that did the trick. You will also have to provide a Police Clearance certificate and evidence of a specific amount of income per annum. Plus you have to buy a one year private medical insurance policy.

Bryan 

Thanks so much Brian. Extremely helpful.  With the police clearance do you have to obtain one before you enter from your country of residence, for me that's Australia? I'd wait to have it apostilled till I got there. Since I'm on my own I realize i would have to come up with the $500,000 investment on my own. Would you mind telling me the name and details of your lawyer? Are you in Estepona? And are you enjoying it so far? Many thanks? Karen

Posted: Tue May 17, 2022 4:13am

Holaitsdavid

Very helpful member

Posts: 1484

star560 helpful points

Location: Mijas Costa

Joined: 30 Mar 2021

Posted: Tue May 17, 2022 4:13am

summerkiwi wrote on Tue May 17, 2022 12:06am:

Thanks so much Brian. Extremely helpful.  With the police clearance do you have to obtain one before you enter from your country of residence, for me that's Australia? I'd wait to have it apostilled till I got there. Since I'm on my own I realize i would have to come up with the $500,000 inv...

 

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...estment on my own. Would you mind telling me the name and details of your lawyer? Are you in Estepona? And are you enjoying it so far? Many thanks? Karen

Meanwhile you can get some free good advise from Belvin Frank. https://www.blevinsfranks.com/where-we-are/spain/

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Posted: Tue May 17, 2022 7:46am

Posts: 40

star10 helpful points

Location: Mijas

Joined: 25 Apr 2021

Posted: Tue May 17, 2022 7:46am

summerkiwi wrote on Tue May 17, 2022 12:06am:

Thanks so much Brian. Extremely helpful.  With the police clearance do you have to obtain one before you enter from your country of residence, for me that's Australia? I'd wait to have it apostilled till I got there. Since I'm on my own I realize i would have to come up with the $500,000 inv...

 

Read more...

...estment on my own. Would you mind telling me the name and details of your lawyer? Are you in Estepona? And are you enjoying it so far? Many thanks? Karen

The lawyer we used was Martinez Echevarria in Fuengirola. The lady lawyer that handled it for us and was great is called Maria Castilla. She charged about 3500 Euros to get the GV for us both.

We are close to Mijas Pueblo and loving it. It is worth the hassle and bureaucratic challenges so stick with it. The GV is valid for 2 years and you then get a 3 year extension. After 5 years it is permanent and after 10 years (providing you have spent most of the time living in Spain) you can get residency and a Spanish passport.

Posted: Tue May 17, 2022 7:47am

Posts: 40

star10 helpful points

Location: Mijas

Joined: 25 Apr 2021

Posted: Tue May 17, 2022 7:47am

Bryan61 wrote on Tue May 17, 2022 7:46am:

The lawyer we used was Martinez Echevarria in Fuengirola. The lady lawyer that handled it for us and was great is called Maria Castilla. She charged about 3500 Euros to get the GV for us both.

We are close to Mijas Pueblo and loving it. It is worth the hassle and bureaucratic challenges so stick with it. The GV is valid for 2 years and you then get a 3 year extension. After 5 years it is permanent and after 10 years (providing you have spent most of the time living in Spain) you can ge...

 

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...t residency and a Spanish passport.

Sorry on the Police clearance, it has to be issued and apostilled in your home country.

Posted: Tue May 17, 2022 8:07am

summerkiwi

Original Poster

Posts: 10

star1 helpful points

Location: Estepona

Joined: 18 Apr 2022

Posted: Tue May 17, 2022 8:07am

Bryan61 wrote on Tue May 17, 2022 7:46am:

The lawyer we used was Martinez Echevarria in Fuengirola. The lady lawyer that handled it for us and was great is called Maria Castilla. She charged about 3500 Euros to get the GV for us both.

We are close to Mijas Pueblo and loving it. It is worth the hassle and bureaucratic challenges so stick with it. The GV is valid for 2 years and you then get a 3 year extension. After 5 years it is permanent and after 10 years (providing you have spent most of the time living in Spain) you can ge...

 

Read more...

...t residency and a Spanish passport.

Thanks for that info. Muchly appreciated.

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