How long does it take for Spain to change its permanent residence for the first time?

20/kloc-in September, 2003, Spain promulgated the Investment Immigration Act, and houses with 500,000 euros in Spain can apply for Spanish immigration status. From 2065438 to July 2005, the Spanish immigration law was updated and many preferential policies were added. According to the current immigration policy, the applicant buys a property of not less than 500,000 euros in Spain and proves that he has financial resources and does not work in Spain, thus obtaining a non-profit residence permit. You can apply for permanent residence in Spain after five years and enjoy national treatment. You can apply for Spanish citizenship after ten years.

Visa type: residence visa

Migration cycle: April-June

Program complexity: ★★★★

Total cost estimate: 3,765,438+08, starting at 600 yuan RMB (converted by Euro /CNY = 7.3).

Immigration requirements

Immigration requirements

1, at least 18 years old, with no criminal record;

2. Buy health insurance;

3. Proof of economic source;

4. Buy a property of more than 500,000 euros in Spain.

First, you can obtain a legal residence status valid for 1 year, then you can renew your residence status valid for 2 years, and then you can directly obtain a long-term residence status valid for 5 years, and then renew it every 5 years.

" 1+2+5+5......"

Renewal requirements: Spanish real estate is required, but there is no residence requirement (only residence card is renewed, and there is no "immigration supervision" requirement).