Spanish Golden Visa to promote investment in Spain




December 9, 2013


2:15 pm

Spanish Golden Visa

The meeco Group provides assistance for investments through its Spanish office

Zug/Alicante. On September 27th 2013, the Spanish Parliament has passed a new law enabling non-EU citizens investing in Spain to be granted Spanish residency and free movement within all 26 countries of the Schengen Area. The Swiss-based meeco Group, as part of its asset management services, offers investors worldwide but with a special focus on the Middle East, Asia, South America and Africa to assist them in their investment in order to obtain the freedom of unlimited travel throughout the Schengen Area.

To be granted the Spanish Golden Visa, the applicants must invest a minimum of 500.000 Euros in property, or 1.000.000 Euros in shares of Spanish companies, or 2.000.000 Euros in Spanish government Bonds. Another solution to receive the Golden Visa is to create a Joint Venture in Spain that will create jobs, support business development or technological innovation in the country.

The Spanish Golden Visa is initially issued for one year, and can be renewed for two successive periods of two years, provided that the requirements of the investment activity are maintained. After those five years the visa becomes permanent and its holder can apply for Spanish citizenship.

The meeco Group’s Spanish subsidiary meeco Services S.L. based in Alicante, with its multilingual staff, is dedicated to help Golden Visa applicants with the application process. In cooperation with its offices in Asia, the Middle East, Africa and South America, The meeco Group will provide all necessary infrastructure and services to help clients in finding the suitable investment and to guide them through the Golden Visa procedure.