Quick Answer: How can I get permanent residency in Spain?

Individuals can obtain permanent residency in Spain after having legally lived in the country for a period of five uninterrupted years. When they fulfill this specific condition, they can apply for permanent residency and then gain the right to live for the rest of their lives in the country.

How do I become a permanent resident of Spain?

For the permanent residency, you just need 5 years of residence in the country; whereas to obtain the Spanish citizenship you need to have lived in Spain for 10 years. Bear in mind that some individuals from certain countries do require less than 10 years if there is any treatment between both countries.

How much money do I need to get residency in Spain?

You must have income of at least €25,560 annually, plus €6,390 per each additional family member. Income may be derived from investments, annuities, sabbaticals and any other sources of income. The visa issued will have a validity of three months and fifteen days, with multiple entries and 90 days of stay in Spain.

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Is it difficult to get residency in Spain?

Many of the residency permit application procedures can be tough: a lot of documents and requirements. In order to solve this situation, the Golden Visa was created. You just need to invest 500.000€ in Spanish real estate and you will easily get your residency.

Can I get residency in Spain if I buy a house?

Yes, you can get residency in Spain after buying a house, and that is thanks to the golden visa scheme. Since 2013, non-EU citizens who purchase a property in the Spanish territory can get a 2-year residence permit (that can be renewed) as long as the property investment is at least € 500.000.

Can you live in Spain without residency?

This rule simply states that you can live in Spain without residency for a maximum of 90 days. After those 3 months, you need to either obtain a residence permit, or leave the country. And that is because the shortest stay option is the tourist (or Schengen) visa, which lasts exactly for 90 days.

How long does it take to get Spanish residency?

The regular application process can be quite long sometimes, taking from 3 to 6 months. You will have to renew at the end of the first year, which involves extra paperwork. Depending on the residency you have obtained, you may not get the right to work in the country.

How do I get residency in Spain 2020?

Individuals can obtain permanent residency in Spain after having legally lived in the country for a period of five uninterrupted years. When they fulfill this specific condition, they can apply for permanent residency and then gain the right to live for the rest of their lives in the country.

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Can I become a resident in Spain after Brexit?

Getting Spanish Residency and your TIE card in Spain under the Withdrawal Agreement means that you can continue to live in Spain after Brexit and benefit from the same rights as any EU citizen living in Spain. This includes having the choice to become a permanent resident in Spain.

How much do I need in my bank to live in Spain?

Savings in a Spanish bank account

You will need to prove you have maintained a minimum of circa €7k in an account for more than 3 months by presenting an Average Balance Certificate from your Spanish bank. We also recommend 3 months stamped statements from the bank.

How long can I stay in Spain if I own a property?

You will be allowed to spend up to 90 days in Spain, and then you must leave the country. You will not be able to return until 180 days have passed since your date of entry into Spain (or Schengen). However, you can divide the 90-day period into two (45 days each) and spend each of them in Spain during the 180 days.

How long can I stay in Spain if I own a property there?

At present you can only spend up to 90 days in Spain, then you must leave the country. You will then not be able to return to the Schengen Area until 180 days have passed since your date of entry into Spain (or elsewhere in the Schengen Area).

Can I get Spanish residency from UK?

British citizen / UK nationals can obtain a Spanish residency visa under the Spain’s Investment Permit Program. More commonly known as the ‘Golden Visa’, it allows investors and their families who meet the requirements to secure Spanish residency by investing in Spain.

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