Permanent Residence in Spain for Non-EU Citizens: New Opportunities with LIP
At Living in Paraguay (LIP), we are constantly expanding our horizons. As we mentioned in our previous articles, our advisors receive hundreds of emails daily. Many of these messages come from people without an EU passport. These individuals are looking for professional ways to obtain a stable residence in Europe.
LIP is a leader in Latin American residencies. However, we also understand the global needs of our clients. For this reason, we have launched new specialized services. We now offer the opportunity to obtain permanent residence in two iconic EU countries: Portugal and Spain.
Focus on Spain: A Gateway to Europe
In this article, we will focus exclusively on Spain. Spain is a wealthy nation located in the southwest of Europe. It possesses a unique geographical position. Spain has territories in North Africa, such as Melilla and Ceuta. It also includes the beautiful Canary Islands in the Atlantic Ocean.
Spain is not just a tourist destination. It offers a wonderful culture and an incomparable historical heritage. Its infrastructures are among the best in the world. For these reasons, many non-EU citizens dream of living and working there.
The RBI Programme: Your Path to the Golden Visa
The Residency by Investment (RBI) programme is a key tool for our clients. This programme allows you to reside, live, and work in Spain legally. It is specifically designed for people who can invest in the country’s growth.
All people interested in this opportunity can choose different options. The most popular route has historically been real estate investment. To qualify, an investment of at least 500,000 Euros is required. This investment must be maintained to prove the validity of the residence.
Financial Requirements and Family Inclusion
Obtaining a permanent residence in Spain for non-EU citizens requires financial stability. You must prove that you can support yourself and your family. The Spanish government requires specific minimum sums:
- The main applicant must show a sum equal to 30,000 Euros.
- An additional 10,000 Euros is required for each family member.
- Valid private health insurance in Spain is also mandatory.
Once the application is submitted, the wait time is approximately 30 days. One great advantage is the physical presence requirement. You only need to visit Spain for one day per year to maintain the permit. However, if you seek permanent status, you must stay longer. Permanent residence usually requires five years of legal stay.
The Road to Spanish Citizenship
For many, the ultimate goal is the Spanish passport. To obtain citizenship, you must be a legal resident for 10 years. This period must be uninterrupted. You must also demonstrate integration into Spanish culture. This includes passing a basic language and culture test.
The advantages of Spanish citizenship are obvious. You gain the right to live and work in any EU country. You receive a passport that allows visa-free travel to most of the world. It is an investment in freedom for you and your children.
Why Choose LIP for Your Spanish Residence?
Many non-EU clients are currently asking for the Golden Visa. The procedures can be complex and bureaucratic. LIP is always ready to provide detailed information. We explain the RBI program step by step.
Our team stays by your side during the entire process. We clarify all your doubts regarding costs and timing. We ensure that your investment is safe and compliant with Spanish laws. If you have questions, we are ready to answer all today.
Contact us at: info@livinginparaguay.com and start your journey to Spain.
