Question about the Spain golden visa
Can someone tell me if there are travel restrictions with a Spain golden visa on how much time you can spend outside of spain in the UK, as I know there are with the non lucrative Spain visa?
Answers
These are the answers of Spainguru’s Facebook group members:
“You do not need to be resident in Spain on an investor visa unless you want to take up permanent residence. However, unless you are tax resident in Spain, any income derived from renting out your property will be taxed at 24% with no deductions.”
“No, there is no min or max restriction of time spent in / outside of Spain”
“With the Golden Visa, Spain offers more travel flexibility than the non lucrative Spain visa. You aren’t bound by strict residency requirements, but prolonged absence might impact future applications.”
In conclusion, the Spain Golden Visa provides holders with significant flexibility regarding travel and time spent outside of Spain, unlike the non lucrative Spain visa. While there aren’t specific minimum or maximum restrictions, it’s vital to consider potential tax implications on income derived from property rentals if one is not a tax resident in Spain. Furthermore, while the Spain Golden Visa allows for more travel freedom, it’s essential to remain cautious about extended absences, especially if one plans to apply for permanent residency in the future. It’s always recommended to consult with immigration experts and tax professionals to ensure clarity and compliance.
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