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How can I obtain Spanish residency through a deposit in a Spanish bank?

I wish to get my Spanish Golden Visa by depositing 1.5 million euros in a bank, but I am curious as to how long I need to hold my money there. Is there a minimum amount of time? Also, are there certain banks I need to go with so my Golden Visa application can be approved?


Answers
  • Pinera del Olmo Canals Law Firm
    January 11, 2019

    According to the law's seventh additional provision continuation of requirements, the foreign nationals must continue to meet during the visa or authorization periods of validity the conditions under which these had been granted. Second, the competent bodies of the general administration of the state may carry out the inquiries they deem appropriate to verify compliance with current legislation. So, in my opinion, you should have the deposit for all the time you have the Golden Visa.