The project of the new Spanish law ?121/000052 about investment has been published 3 of July and let the foreigners to get special type of residency in Spain for investors.
This investment has to be significant what means one of the points:
- Waste 2 millions in public debt or stock purchase for 1 million of Spanish companies or deposit in some Spanish bank
- Home purchase for 500 thousand euro
- Important business project in Spain which create working places, means much for the economy of the region or contribute to the scientific innovation
In this case you have to apply in Spanish representative consulate office in your country for a visa for investors. It has to be resolved in 9 days and it is valid to live in Spain or travel to Spain for one year.
Besides you must have sufficient means for your stay, criminal records clearance for 5 last years and medical insurance.
Your spouse and minor children can apply with you.
Then in Spain you can apply for a residence card which is has to be resolved in 20 days and is valid for 2 years. It is renewable.
For this you have to have open visa for investor (or expired in last 90 days) and have been at least once in Spain with this visa.
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