Article 61. Investment Accreditation.
For the grant of a residence visa for investors, these requirements will have to be met:
a) In the case referred to in point a) of paragraph 2 of Article 60, the applicant must prove that they have made the investment of the minimum amount required over a period not exceeding 60 days preceding the application, through the following ways:
- In the case of investment in unquoted shares, document to be presented is the investment statement presented to the Foreign Investment Registry of the Ministry of Economy and Competitiveness.
- In the case of investment in quoted shares, document to be presented is the certificate of the financial intermediary, duly registered with the National Securities Market or the Bank of Spain, which states that the person has made the investment in accordance to this Act.
- In case of investment in government bonds, document to be presented is the certificate from the bank or the Bank of Spain where it is stated that the applicant is the sole owner of the investment for a period not less than five years.
- In case of investment in bank deposits, document to be presented is a certificate of the financial institution in which it appears that the applicant is the sole owner of the bank deposit.
b) In the case referred to in point b) of paragraph 2 of Article 60 the applicant must proveownership of real estate by providing one or more ownership certificates by the Land Registrythat corresponds to the property or properties, dated within ninety days prior to the application.
In the event that the acquisition of the property is in process of registration in the Land Registry, a certified copy of the Notary deed will be enough together with justification of this being presented for registration to the Land Registry within 60 days prior to application.
The applicant shall prove to have real estate investment of 500,000 Euros free of any liens or encumbrances. The share of investment in excess of € 500,000 may be subject to liens or encumbrances.
c) In the case referred to in point c) of paragraph 2 of Article 60, document to be presented is a favorable report on the business plan being of general interest. The report will be signed by the Economic and Commercial Office corresponding to the geographical area where the investor is submitting the application for visa.
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