What are the common ways to immigrate to Spain? Who are the savings, non-profit and buying a house?

What are the common ways of emigrating to Spain? Who are suitable for deposit, non-profit and buying a house? EasyGo International will introduce the relevant contents in detail.

1. deposit immigration

To put it simply, a deposit of at least 1 million euros in a local bank in Spain can be said to be "special for local tyrants", because the deposit interest rate in Spain is very low, so you can hardly think that there will be any financial income to be credited. Let's look at the advantages and disadvantages of immigrating to Spain in this way:

1 Advantages

No need to buy a house;

Can work and do business locally in Spain;

More dependent applicants may be accompanied than non-profit residence.

2. Disadvantages

The requirements for the applicant's funds are relatively high, and there is no substantial investment income. In addition, the Spanish government's "Law on Measures to Prevent and Combat Tax Fraud" stipulates that a reasonable explanation of the source of funds is required. In addition, when renewing, the need to retain the Bank of Spain's 1 million euro time deposit and the bank's entry flow requirements;

2. Non-Profit Long-Term Residency Visa

The Spanish non-profit residence visa is actually a Class D visa. You need to land in Spain within 3 months after you get the visa and complete the residence conversion. It seems to be "free of money", but you actually have to prove that you are "very rich. Because the core conditions for applying for a non-profit visa are:

1. Non-wage income (non-wage income lasting at least 6-12 months and totaling not less than 2130 euros per month);

2, to have a cash deposit of not less than 1 million yuan (at least fixed deposit for three months);

3, and not less than 3 million yuan of fixed assets;

4, to have a Spanish local address certificate, you can choose to buy a house or rent a house, there is no hard and fast rules.

Similarly, let's look at the advantages and disadvantages of the non-profit visa?

1 Advantages

The investment threshold is low, there is no requirement to buy a house or a high deposit, and the processing cycle is short (because the application is a Class D visa);

2. Disadvantages

Can't work, can only invest in business;

There are 183 days of immigration requirements per year, which also meet the conditions for Spanish tax residents and require the declaration of personal assets;

The need for stable income support from abroad;

Two generations of immigrants, the main applicant's parents and children over 18 years of age cannot accompany.

3. 500000 euros to buy a house for immigrants

This is also the most commonly used method at present, that is, applicants can purchase real estate with a net value of more than 500000 euros or more in Spain, and one or more sets can be processed. Look again, what are the advantages and disadvantages?

1. Advantages:

No immigration supervisor;

Can work and do business locally in Spain;

Three generations of immigrants;

Real estate investment has a certain rental income (except for self-occupation);

2. Disadvantages

The house cannot be sold in the short term, and renewal requires the retention of the property.

In general, if you have plenty of money, don't have much time to live in Spain, and don't plan to buy a house there, you can apply for a 1 million euro deposit immigration. Non-profit long-term residence visas are also worth applying for if you don't have enough money on hand, but have sufficient time and non-wage income, such as stocks, rental income, pensions, etc., or those who have the ability to do business. The 500000 euro house purchase immigrants have both the property of real estate investment, can work in Spain, have no immigration supervision and other three advantages, and Spain's house prices and rents are rising steadily, so it is more cost-effective to buy a house.