Your life in Mallorca in the best hands

The Tranquillity Of Everyday

We are pleased to introduce Anke Sevenster Agency as a provider of peace of mind. Professionals with more than 34 years of experience in the insurance industry have made it their mission to understand, advise and satisfy the personal and property protection needs of their clients.

In addition, with the new Anke Sevenster Services advisory service, clients will have at their disposal a whole catalogue of services and administrative procedures to make their life in Mallorca easier and without any worries.

With offices in Palma, Santa Ponsa and Llucmajor, its multilingual team will provide you with a personalised advice service in your language.

www.ankesevenster.com

6. WHAT IS THE SPANISH GOLDEN VISA PROGRAM AND WHO CAN MAKE USE OF IT?

Golden Visa, also known as the Spanish Investor Visa, is a residency by investment program, available to non-EEA citizens who want to acquire residency in Spain by investing in a company, purchasing a property, or creating employment opportunities.

By essence, a Golden Visa grants a right to legally reside in Spain in exchange for an investment into a real estate property or a few properties worth a minimum of €500,000. It is not legally required to live in Spain or visit the country regularly, therefore it is also common to acquire buy-to-let property and apply for the Golden Visa program.

By extension, a Spanish Golden Visa holder and all qualifying family members (spouses, children under 18, and parents that are financially dependent on the family) may opt to work and study in Spain without the need to further secure an additional work or study permit. Another benefit of the Spanish Golden Visa is that it permits mobility within other Schengen countries for up to 90 days in a 180 days period.

The Spanish Golden Visa can be renewed every two years. After five years it is possible to apply for permanent residency and after ten years for citizenship. It is not necessary to live in Spain in order to retain and renew the residency visa permit.

To qualify for Spanish Golden Visa you should meet all the following requirements:

• Be over 18 years old

• Have proof of making an investment or buying a property of a value not less than €500,000 (without financing)

• Obtain health insurance valid in Spain

• Have enough financial means to sustain yourself and any family members

• Have no criminal history in any of the places you lived before

• Not being in Spain’s list of undesirable people

• Have no records of prior rejected Schengen visas.

The information contained in this brochure is provided as is and without any warranties of any kind, whether expressed or implied, including but not limited to, implied warranties of satisfactory quality, fitness for a particular purpose and/or correctness. The contents of this brochure is for general information purposes only and does not constitute advice. One Smart Real Estate Group does not represent or warrant that the information and/or details contained in this brochure are accurate, complete or current. Therefore, One Smart Real Estate Group makes no warranties or representations regarding the use of the content, details, specifications or information contained in this brochure in terms of their correctness, accuracy, adequacy, usefulness, timeliness, reliability or otherwise, in each case to the fullest extent permitted by law.