How long do you have to live in Spain before you can apply for residency?
How long do you have to live in Spain before you can apply for residency? After 5 years of holding the temporary residence permit, you will be eligible for permanent residency. The permanent residency will entitle you to live and work in Spain indefinitely. After 10 years of legal residency (temporary or permanent) you may be eligible for naturalization.
What are the disadvantages of the Golden Visa in Spain?
One of the cons for Spain's Golden Visa, is that it holds a highest entry threshold for investors. The minimum investment amount is $500,000, compared to other countries such as Portugal, which is $280,000 or Cyprus which is $300,000.
Which EU country is easiest to get residency?
Which country is the easiest to get a permanent residency permit in Europe? Greece, Cyprus, Malta, Portugal and even Montenegro are the easiest countries to get a permanent residency permit in Europe.
How do I prove I have enough money for my stay in Spain?
Economic means may be accredited by presenting cash, traveller's cheques, a credit card accompanied by a bank account statement, an up-to-date bank book, or any other resource that accredits the amount available, such as a credit statement regarding the card or bank account.