Financial assets. Initial investment must be of a value equal to or greater than:

1. Two million euros in Spanish public debt securities, or
2. One million euros in shares or social participations of Spanish capital companies with a real business activity, or
3. One million euros in investment funds, closed-end investment funds or venture capital funds constituted in Spain, that are included within the scope of application of Law 35/2003, of November 4, on Collective Investment Institutions, or Law 22/2014, of November 12, which regulates venture capital entities, other closed-end collective investment entities, and which modifies Law 35/2003, of November 4, or
4. One million euros in bank deposits in Spanish financial institutions.

Real estate in Spain for a value of 500,000 euros or more.

Steps for submitting the visa application

In cases where the applicant is abroad

1. If the significant capital investment is carried out by a legal person, a favourable report confirming that the business plan is of general interest must be requested from the Spanish Economic and Commercial Office where the investor submits his visa application.
2. Compile the necessary documentation (check the Documents to be submitted in the section below) and verify that the requirements are met (please consult the Large Companies and Strategic Collective Unit website for updated information).
3. Request an appointment and go in person to the diplomatic missions and consular offices of your country of residence (More information). The applicant can go in person, or a duly accredited representative may act on his or her behalf.Important: Some consulates and diplomatic missions have outsourced the processing of visa applications to an external provider named BLS. The final decision on whether to grant a visa lies with the Spanish Consulate or diplomatic mission.
4. Fill out the application according to the standard model provided and submit the remaining general and specific documentation, depending on the type of investment.
5. Pay the visa application fee (check if there are exemptions or discounts).
6. A notification will be sent when the application has been processed. You can check the status of the application and the notifications received here: Sede Electrónica del Ministerio de Inclusión, Seguridad Social y Migraciones.

Business Project representative: a duly accredited representative designated by the investor may obtain a residence visa for investors to manage a project of general interest that meets the established criteria. Investment through a legal person: a legal person may make the investment if it meets these requirements:

1. It is not domiciled in a territory considered a tax haven by the Spanish tax authorities.
2. The foreign applicant holds, directly or indirectly, the majority of voting rights and has the power to appoint or remove the majority of the members of its administrative body.

Steps for submitting the authorization request

In cases where the applicant is in Spain legally

1. If the significant capital investment is carried out by a legal person the applicant must request a report from the Spanish Economic and Commercial Office accrediting that the project is of general interest, together with the application form and the relevant documentation.
2. Check that the required requirements are met (please consult the website of the Large Companies and Strategic Collective Unit for updated information).
3. Pay the corresponding fee Important: once the payment has been made, a Complete Reference Number (NRC) will be issued by the banking institution processing the payment(if dealing with a Spanish bank). If you pay in a foreign bank, take proof of payment to the consulate, since you must present this code when submitting your application.
4. Complete the application form according to the standard model. The PDF file of the application contains instructions on how to complete it.
5. Submit the application through the “Submission of applications for international mobility residence authorization (Authorizations regulated by Law 14/2013, to support entrepreneurs and their internationalization)” section of the Ministry of Inclusion, Social Security and Migrations website.
6. A notification will be sentwhen the application has been processed.

Business Project representative: a representative, designated by the investor and duly accredited, may obtain a residence visa for investors to manage a project of general interest that meets the established conditions Investment through a legal person: a legal person may make the investment if it meets these requirements

1. It is not domiciled in a territory considered a tax haven by Spanish authorities.
2. The foreign applicant holds, directly or indirectly, the majority of voting rights and has the power to appoint or remove the majority of the members of its administrative body.