Top Reasons to Have a Spanish Golden Visa


The Spanish Golden Visa is a type of residency permit that grants the holder the right to live and work in Spain. It is highly sought after by property buyers, as it provides a number of benefits that are not available with other types of visas. So, what makes this visa so appealing? Let’s take a look at the top reasons to have a Spanish Golden Visa. 

Receive Access to Public Healthcare and Education 

One of the main reasons for having a Spanish Golden Visa is that you will be eligible for public healthcare and education in Spain. This means that you can receive access to quality healthcare and education without having to pay out-of-pocket expenses. This can also be beneficial for family members who plan on living in Spain, as they too will receive access to these services. 


Enjoy Tax Advantages 

With a Spanish Golden Visa, you can enjoy certain tax advantages. For example, if you are an EU citizen, you may be eligible for reduced taxes on your income or capital gains taxation (CGT). Furthermore, if you own property in Spain, you may qualify for additional tax breaks such as exemption from CGT when selling your property after 10 years of ownership. Additionally, there are some deductions available depending on how long you have owned your property. 


Qualify for Permanent Residency Status 

Another great reason for having a Spanish Golden Visa is that it can give you permanent residency status after 5 years of continuous residence in Spain. This can provide many benefits including the ability to travel freely throughout Europe without needing to apply for visas each time you enter another country in the EU region. Additionally, once granted permanent residency status, you may be able to apply for citizenship after 10 years of living in Spain (provided all other requirements have been met). 


Conclusion:   

As we can see from above, there are many reasons why someone would want to obtain a Spanish Golden Visa when buying property in Spain. From receiving access to public healthcare and education services to qualifying for permanent residency status after 5 years of continuous residence—the advantages are plentiful! If any readers are interested in finding out more about obtaining their own Spanish Golden Visa through purchasing property abroad, then they should contact Metric Marketing today! We specialize in helping people find their perfect home abroad while ensuring they meet all legal requirements necessary! 

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