In the case of investment in a bank deposit (over 1 million euros), once you get the investor visa (the Spanish Golden Visa) and want to apply for a residency authorization within a year, a certificate from the financial institution must be presented verifying that the investor has maintained, or even extended, the initial deposit from the date of obtaining the investor visa. To renew the authorization, you must have maintained the conditions that gave rise to the authorization. Once this period of two years has expired, foreign investors who are interested in residing in Spain for a longer period may request the renewal of the residency authorization for successive periods of five years, provided that the conditions of the investment that generated the right are maintained. But the investment could be modified during the period of authorized residency, and will have to be show to the renewal period the investment accordingly to the minimum requirements of investment. In the first year of investment you need to hold the investment to apply for residency for two more years. After this first year – and during the residency period of two years – it could be modified, but to renew it to get five more years of residency, you will have to show the Spanish authorities the minimum requirements of investment.
