Initial Due Diligence Check
An initial internal due diligence check process shall be carried out to ensure the applicant is suitable for the programme.
About
The Kingdom of Spain is located South West of Europe and is the fourth largest country by area in Europe. Spanish is the official language in the Kingdom, which is the world’s second most spoken language. As the country has over 17 autonomous communities, other languages such as Catalan and Galician are also widely spoken in certain regions. Spain is a member of the Eurozone and uses the Euro as the official currency.
According to Law 14/2013, investors may qualify for residency through investment in real estate, government bonds or Spanish companies.
Benefits of 2nd Citizenship
Minimum Residency Requirements
Visa free travel around the Schengen Region.
Ability to work in Spain
Citizenship from an EU country
No education requirement
Processing time of approximately 1 month
Minimum Residency Requirements
Visa free travel around the Schengen Region.
Ability to work in Spain
Citizenship from an EU country
No education requirement
Processing time of approximately 1 month
General Requirements
The main applicant must:
- Be over the age of 18
- Be of good character and not have a criminal record or be under investigation for a criminal offence.
- Be able to make the full investment amount prior to the application process.
- Full disclosure must be made on the application forms.
Any incorrect information or false documentation provided will lead to a rejection.
Investment and Donation Options
Applicants may choose one of the following investments:
- Real Estate Investment of €500,000
- Investment of €2,000,000 in Spanish Government Bonds
- Investment of €1,000,000 in Spanish Companies
- Bank deposit of €1,000,000
Timeline and Process
1
Investment Process
During the initial stages, the client shall be required to travel to Spain to complete the investment process. The investment process usually takes around 4-5 weeks to complete. All viewings for real estate can be arranged prior to the visit.
Thereafter, the team will prepare your application and submit it to the UGE-CE(The Unidad de Grandes Empresas y Colectivos Estrategicos is officially mandated by the Spanish government to process residency applications under the Entrepreneurial Support Act).
2
Due Diligence Check
The Director General of Police will carry out a strict due diligence to ensure all applicants are of good character. This process will take approximately around 10 working days to complete.
3
Approval or Rejection
The UGE-CE will decide whether to approve or disapprove the application. If the application is successful, we shall apply for all residency documents.
4
Request a Callback from the Team
If you have any questions or are ready to start your journey 2nd citizenship journey,
Contact AIM Capital Partners and we will be happy to help.