Lawyer Raymundo Larraín highlights the main advantages of Spain’s Golden Visa.

Marbella-based Larraín Nesbitt Abogados (LNA) has over 21 years’ taxation & conveyancing experience at your service. We offer a wide range of 50 legal and corporate services. Our team of native English-speaking lawyers and economists have a long track record successfully assisting expats all over Spain.

You can review here our client’s testimonials.

Article copyrighted © 2023. Plagiarism will be criminally prosecuted. 

By Raymundo Larraín Nesbitt
Director of Larraín Nesbitt Abogados
8th of December 2023

Introduction

Spain has undergone a spectacular property boom over the last 8 years, only marred by the Covid pandemic in 2020. In coastal areas and large cities, properties have almost tripled in price since 2015.

During this time, the Spanish Government introduced two new immigration schemes which have rocked the game board: Beckham’s Law in 2015 and the Digital Nomad Visa in 2023. Both mirror each other; the former is devised for EU nationals and the latter for non-EUs. They introduce a swathe of enticing tax advantages with an aim to attract foreign talented individuals, both from the Union and non-EU. Over 10,000 people benefit from Beckham’s Law lenient tax breaks (which apply nationwide, regardless of where you settle down in Spain).

We learned in a post-pandemic world that working remotely is not only a possibility, but frankly a necessity for many. For those who are able to escape the foul weather of their home countries, and seek the warmth and light of milder climates, all year round, coupled with ultra-low taxation, these new immigration schemes prove a temptation too hard to resist. So, why even fight temptation? It’s simply smarter to give in.

Starting life anew abroad is a compelling idea that lurks in the minds of millions day to day. But in reality, only a handful musk the courage to break away from the constraints of narrow-minded traditional work moulds that hearken back to previous centuries. Working remotely from Malaga on your laptop with 21 degrees, whilst paying little to no tax, is no longer an unreachable dream, it’s a reality made true for thousands of individuals. Break away from the heavy chains of social conventionalisms, and carve your own path in life, embrace a new lifestyle befitting of the 21^st Century.

However, despite the roaring success of the above two immigration schemes, the undisputed king of all visa permits still remains to this day the coveted, and often elusive, Golden Visa, introduced in 2013. It is the only visa in Spain which does not make you automatically tax resident on attaining it. The unmatched freedom and choice it confers its privileged applicants cannot be overstated enough. It’s a blue-ribbon visa that throws the red rug at their feet allowing them unfettered access to Spain and the Schengen Area beyond (27 countries).

Law firm LNA gets you, and your family, a golden visa in under 3 weeks.

10 reasons to apply for a Golden Visa in Spain

• Tax - A Golden Visa does not automatically make you tax resident in Spain, unlike every other visa in Spain. This is a unique trait exclusive only to GVs. No other visa in Spain shares this unique (tax) advantage. Only for this reason, affluent investors find it most appealing.
• Freedom - Allows you to override the 90/180-day that limits stay in Spain (and by extension the Schengen Area/European Union).
• Autonomy - Allows unfettered access to Spain. You can enter and leave the country as you please, even overriding Covid flight bans, as you will hold a select residency permit that (very) few people have.
• Choice - No minimum stay is required. You can spend as little as one day, or the full year-round in Spain, at your choice.
• Clear rules - Initially on a 3-year stay, then on 5-year renewals.
• Family – all are included as dependents.
• Fast-tracked. Golden visa applications are greatly expedited by rapport to standard visa applications. Golden visas are granted in 3 weeks.
• Work - You can work in Spain. Unlike other visas, which ban you from working in Spain, it allows you and your family the right to work in Spain (optional).
• Leads to permanent residency (optional).
• Leads to Spanish citizenship (optional).

Conclusion

Control your own destiny, pay less taxes, and enjoy with your loved ones a new life in a beautiful country at the heart of Western Europe.

Interested? Come and speak to Larraín Nesbitt Abogados’ (LNA) friendly staff who will be pleased to guide you through Spain’s Golden Visa programme. On applying for a Golden Visa, we assign you one of our seasoned immigration lawyers, who will be assisted by an in-house visa specialist, guiding and handholding you throughout the whole procedure, from start to finish.

Did I mention LNA attains Golden Visas in under 3 weeks?

Life is simply too short not to be lived.

For those few who want to make the most out of it:

Golden Visa (Investor Visa)

At LNA we have made true the dreams of hundreds of non-EU investors, and their families, assisting them to attain a Golden Visa since its inception in 2013. You can browse our clients’ visa testimonials here.

Your family’s success is only one call away:

UK: (+44) 07543 838 218

Spain: (+34) 952 19 22 88

“The only way to get rid of a temptation is to yield to it.” – Oscar Wilde

Oscar Fingal O'Flahertie Wills Wilde (1854 – 1900). Was an outstanding and brilliant Irish poet and playwright. He is best remembered for his epigrams and plays, and his novel The Picture of Dorian Gray, featuring the soulless ever-young Victorian aristocrat. My personal favourite is The Selfish Giant. He died young, incarcerated by narrow-minded social conventionalisms, both figuratively and literally, he was unable to escape. Simply, he was one-of-a-kind.

Residency services available from LNA:

• Golden Visa Service (Investor Visa)
• Non-Lucrative Visa (Pensioner’s Visa)
• Lucrative Visa (Business Visa)
• EU-Family Regroupment (Marriage Visa)
• Digital Nomad Visa (Tax-free visa)
• Non-Domiciled Tax Scheme (Beckham's Law)
• Spanish Residency permit for EU nationals

Please note the information provided in this article is of general interest only and is not to be construed or intended as a substitute for professional legal advice. This article may be posted freely in websites or other social media so long as the author is duly credited. Plagiarizing, whether in whole or in part, this article without crediting the author may result in criminal prosecution. No pact with the devil was made on writing this article. Ní neart go cur le chéile. VOV.

2.023 © Raymundo Larraín Nesbitt. All Rights Reserved.