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How does a UK citizen get Spanish residency?

British citizens / UK nationals can obtain a Spanish residency visa under the Spain's Investment Residency Permit Program. More commonly known as the 'Golden Visa', it allows investors and their families who meet the requirements, to secure Spanish residency by investing in Spain.



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Getting Spanish Residency and your TIE card in Spain under the Withdrawal Agreement means that you can continue to live in Spain after Brexit and benefit from the same rights as any EU citizen living in Spain. This includes having the choice to become a permanent resident in Spain.

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You do not need to invest in the Spanish economy, but you must be able to show evidence of self-sufficiency to be eligible for the visa. The minimum amount is 400% of Spain's Public Multiple Effects Income Indicator (IPREM). This is about 27,792.96 euros.

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Economic means may be accredited by presenting cash, traveller's cheques, a credit card accompanied by a bank account statement, an up-to-date bank book, or any other resource that accredits the amount available, such as a credit statement regarding the card or bank account.

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The 90-day rule
This rule simply states that you can live in Spain without residency for a maximum of 90 days. After those 3 months, you need to either obtain a residence permit, or leave the country. And that is because the shortest stay option is the tourist (or Schengen) visa, which lasts exactly for 90 days.

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How long can I stay in Spain without becoming a resident? You can stay in Spain for a maximum of 183 days per year (6 months) in order to not become a resident. If you spend an extra day (184 days and onwards), you will be regarded as a resident, hence paying resident taxes in the country.

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Once you have obtained Spanish citizenship, you are considered a Spanish national and no longer a citizen of the UK in the eyes of Spain. As such, your British identity documents and any associated rights do not apply in Spain.

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