How Filipinos Can Get a Golden Visa for Spain
Are you a Filipino looking to immigrate to Europe? If so, Spain’s golden visa program offers an excellent pathway. A golden visa allows non-EU nationals to gain temporary residency through property investment, business creation, or other economic contributions to Spain. This temporary residency can make a Filipino eligible to apply for citizenship only after two years.
Benefits of the Spanish Golden Visa
The key benefits of getting a golden visa in Spain include:
- Residency – You’ll be granted a 1-year temporary residency visa, renewable for 2 years at a time
- Work/live in Spain – You’re allowed to work and live in Spain as long as you maintain your investment
- Travel freely – Visa-free travel throughout the 26 Schengen Area countries
- Pathway to citizenship – You can apply for citizenship after 2 years
- Visa-free EU travel – As a citizen, you can live and work anywhere in the EU
- Family – Your spouse and dependent children can be included in your application
Eligibility Requirements
To qualify for the Spanish golden visa program, you must:
- Make a substantial investment in Spain (detailed below)
- Have a clean criminal record
- Have private health insurance
- Meet other standard visa requirements (valid passport, etc.)
Investment Options
You have several investment options to get a golden visa in Spain:
- Real estate – Invest €500,000 EUR in Spanish property. This is the most popular route.
- Government bonds – Invest €2 million EUR in government bonds.
- Bank deposit – Maintain a €1 million EUR bank deposit in Spain.
- Other options – Additional approved investments start at €1 million EUR.
The real estate option is best for Filipinos, as the €500,000 minimum is more feasible.
Application Process
To apply for your golden visa, you’ll need to work with a lawyer and provide:
- Proof of your investment (property purchase contract, bank statements, etc.)
- Criminal background check
- Private health insurance proof
- Valid passport and other documents
The process takes about 3 months from start to getting your temporary residency. I can facilitate the application and make the process smooth for you.
Costs
The total costs will be approximately:
- Real Estate of €500,000 plus property purchase costs (another €50,000)
- Lawyer fees – €2,000 per principal and €500 per additional dependent
- Health insurance – €800 per year (depending on coverage)
Why Choose Spain?
Beyond the relative affordability, there are many reasons Filipinos should consider Spain for their golden visa:
- 2-year path to citizenship
- Strong Filipino support system of golden visa holders in Madrid
- Amazing climate and beaches along the Mediterranean coasts
- Thriving economy and business environment
- Part of the EU for easy travel and trade
- High quality and affordable healthcare
- Laidback lifestyle and cuisine
- Well-ranked education system for children
- Strong Filipino community already established
Spain is consistently ranked one of the best countries in the world for quality of life and offers the perfect balance of lifestyle, business, and ease of residency.
The Spanish golden visa program offers Filipinos an excellent opportunity to gain residency and eventual citizenship in the EU. With the help of a lawyer like myself, you can navigate the application process smoothly. Contact me today to learn more and get started on your golden visa for Spain! Send an email to kpborra@borralaw.com