The Visa Keys To Europe

The real estate market in Spain got a boost on the 29th September 2013 when the Spanish Government approved the Investors Support and Internationalization Act (14/2013).

This new law was to include a residency program that would guarantee investors permanent residency in Spain if they invest and maintain, an investment into property of at least, €500,000.

The holders of this Residency Visa or Residency Permit would possess the same benefit of the Schengen Visa, entitling the holder freedom of movement within the member state territories.

An investor’s spouse and children under the age of 18 can also benefit from the same investment under a separate residency application.

Nearly 12 months on and Asset Folio have seen the positive effects this new law has had with new routes to makets opening up.

Following a succesful launch of The World project in Dubai in June http://www.assetfolio.com/view/pdf/10-06523947/development-brochure-internal/ this iconic investment opportunity allowed our clients in the Middle East the opportunity to take the Visa option should they wish plus secure the best units and allow for maximum growth with their investment a win win for some clients who did not know this new law had been implemented.

Asset Folio's next opportunity has arrived again through the new Golden Visa law with the launch of a new €60,000,000 excluive villa complex, the design and concept of this project will be a first for Spain and will be launched in Shanghai in September watch this space.....

For more information and to discuss your options please click on the webpage below or contact one of our investment team.

http://www.goldenresidencyservices.com/golden/golden-residency-services.html

The Application Process and Timescales

Step 1: Application for a 1 year Residency Visa, guaranteed to investors who meet the investment

criteria and granted by the Spanish Consulate of the investors corresponding country

Step 2: Application for a 2 year Residency Permit, guaranteed to investors who have retained the

original investment criteria and granted by the Directorate General of Migration

Step 3: Application for a further 2 year renewal of the Residency Permit, guaranteed to investors

who have retained the original investment criteria and granted by the Directorate General of Migration.

Step 4: A final application for Permanent Residency in Spain if the investor so chooses to take this

option and has maintained the original investment criteria.

The Residency Visa will be granted in a maximum period of 10 days from the application. The Residency Permit and subsequent renewal application has to be submitted during the validity period of the Residency Visa and no later than 90 days of its expiration date and will be granted in a maximum period of 20 days from application.