Updated on May 26, 2026
Historical investor-residence route. New applicants need a separate Spain residence-route review.
Spain's investor residence route under Law 14/2013 is closed to new applications from 3 April 2025. Pre-cutoff applications and existing-holder renewals require separate legal review. Historical amounts and timelines below describe the former route only.
Historical minimum: EUR 500,000
Minimum investment
Historical processing only
Processing time
Legacy validity pattern
Validity period
1
Spain's investor residence route under Law 14/2013 is closed to new applications from 3 April 2025.
Spain's investor residence route under Law 14/2013 is closed to new applications from 3 April 2025.
2
Existing valid holders are not new applicants. Renewals and any later residence steps depend on the rules that applied to the original authorisation and on continued compliance with legal requirements.
Existing valid holders are not new applicants. Renewals and any later residence steps depend on the rules that applied to the original authorisation and on continued compliance with legal requirements.
3
The former route offered residence-linked benefits before closure. It no longer creates a new application path. Spanish permanent residence and nationality are separate legal processes. They are not granted automatically through the former investor route.
The former route offered residence-linked benefits before closure. It no longer creates a new application path. Spanish permanent residence and nationality are separate legal processes. They are not granted automatically through the former investor route.
These conditions belonged to the former Spain investor route. They matter only for pre-closure files or legacy-holder review, not for new applications after 3 April 2025.
These conditions belonged to the former Spain investor route. They matter only for pre-closure files or legacy-holder review, not for new applications after 3 April 2025.
These conditions belonged to the former Spain investor route. They matter only for pre-closure files or legacy-holder review, not for new applications after 3 April 2025.
These conditions belonged to the former Spain investor route. They matter only for pre-closure files or legacy-holder review, not for new applications after 3 April 2025.
Spain's investor residence route under Law 14/2013 is closed to new applications from 3 April 2025. The former route included several investment categories. The thresholds below are historical only and do not describe an application route available to new applicants.
Historical route: 1. Purchase of residential or commercial real estate
Historical threshold: €500,000, and this sum does not change if additional family members are included. This category closed to new applications from 3 April 2025. This category closed to new applications from 3 April 2025.
Historical route: 2. Opening a bank deposit in a Spanish bank
Historical threshold: at least €1,000,000. This category closed to new applications from 3 April 2025. This category closed to new applications from 3 April 2025.
Historical route: 3. Purchase of shares of Spanish companies
Historical threshold: €1,000,000. This category closed to new applications from 3 April 2025. This category closed to new applications from 3 April 2025.
Historical route: 4. Purchase of units in investment funds
Historical threshold: €1,000,000+. This category closed to new applications from 3 April 2025. This category closed to new applications from 3 April 2025.
Historical route: 5. Purchase of government bonds
Historical threshold: at least €2,000,000. This category closed to new applications from 3 April 2025. This category closed to new applications from 3 April 2025.
Historical route: 6. Business investment
Historical threshold: unspecified. This category closed to new applications from 3 April 2025. This category closed to new applications from 3 April 2025.
Spain's investor residence route is closed to new applications from 3 April 2025. Review the current status, legacy-holder notes, and alternative residence routes.
This workflow describes the former investor residence process before the route closed to new applications. It is not current application guidance.
Spanish permanent residence and nationality are separate legal processes. They are not granted automatically through the former investor route.
Existing holders may review long-duration residence after at least five years of legal residence if they meet separate requirements. Spanish nationality by residence is assessed under nationality law. The general residence period is ten years, with statutory exceptions.
Investment amount — €250,000+
Investment amount — €250,000+
Visa-free travel to the Schengen countries
Creating of a safe haven or moving to Italy
Special tax regime
Investment amount — €250,000+
Visa-free entry to the Schengen Area
Relocation to a European country with an affordable cost of living
Tax optimisation with low rates
Investment amount — €250,000+
Visa-free entry to the Schengen countries
Possibility to live, study, and start a business in Greece
Prospect of citizenship in 7 years
Investment amount — €169,000+
Visa-free entry to the Schengen countries
Ability to live, study, start a business, and work in Malta
New family members can be added after the investor has received permanent residence
Investment amount — €300,000+
Tax optimisation
Property investment income
Prospect of obtaining citizenship in 8 years
Investment amount — €600,000+
Visa-free entry to France and Spain
Simplified US and Schengen visas processing
Only 3-month residing a year to keep the residence permit
Investment amount — $870,000+
Moving to the USA or creating a safe haven
Opportunity to obtain US citizenship
Opening bank accounts in the USA
Investment amount — AED 2,000,000+
Residency for 10 years
Moving to the UAE or creating a “safe haven”
Tax optimisation
Opening a bank account in the UAE
Investment amount — $400,000+
Visa-free entry to Japan, Singapore, and other 100+ countries
Opportunity to obtain a US E-2 business visa
A safe haven in a warm country by the sea
Investment amount — $200,000+
Investment amount — $230,000+
Investment amount — $240,000+
Investment amount — $235,000+
Visa-free entry to the Schengen countries, the UK, and China
Eligibility for the US E-2 business visa
No taxes on foreign income, dividends, interest, and royalties in Grenada
Investment amount — $250,000+
Investment amount — $25,500+
Long-term visa to live in Thailand or create a safe haven for up to 15 years
Bonuses and privileges for visa holders
Tax optimisation
Investment amount — $130,000+
Fastest citizenship program in the world
Opportunity to get a 5-year visitor visa to the USA
Beneficial tax regime for companies for 20 years
Investment amount — €50,000+
Visa-free entry to the Schengen countries
Beneficial terms and tax incentives for businesses
Prospect of citizenship in 10 years
