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Bea Alonzo Gets Spanish Residency via a Golden Visa
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Filipino actress Bea Alonzo recently made headlines by announcing that she has obtained Spanish Residency by Investment through a golden visa. This news sparked interest among many Filipinos, especially those who are considering moving to Spain or obtaining dual citizenship. In this article, we will cover Bea Alonzo’s golden visa and show how fellow Filipinos can benefit.
Who Is Bea Alonzo?
Bea Alonzo is a multi-awarded Filipino actress, model, and vlogger. Alonzo began her acting career in 2002 and is the star of numerous films and television shows.
She was born on October 17, 1987, in the Philippines. Her real name is Angelie Phylbert Ranollo Fagestrom. Her mother, aunt, and grandmother raised her and she started her career in the entertainment industry at 14.
In addition to her acting career, Alonzo is a successful entrepreneur. She has her own travel accessories line called Bash. Alonzo is also a philanthropist, as her I Am Hope organization equipped frontliners battling the pandemic in the Philippines.
What Is a Golden Visa?
A golden visa is a type of residence permit for non-EU citizens who invest a certain amount of money in a country’s economy. It is a popular option for those who wish to obtain residency in a European country, as it offers a relatively fast and straightforward process compared to other types of visas.
How Does a Spanish Golden Visa Lead to Spanish Citizenship for Filipinos?
David Regueiro, Latitude Group COO recently returned from visiting South America with our Spanish partners, Orience. He recalls the experience for us: “My trip to Bolivia was an educational one.”
“I was there with Orience’s Oriol Molas. We informed South American HNWIs that instead of the usual 10-year residency route to Spanish citizenship via the Spanish Golden Visa, it will take them just two years.”
As David continues, “this is a privilege extended to all former Spanish colonies.” “That includes the Philippines.”
He adds that “it’s a little-known fact that the famous Spanish beer San Miguel was first brewed in Manila, the capital of the Philippines, and not Madrid.”
David concludes that “dual citizenship is a fantastic benefit for Filipinos as their native passport allows them to travel to less than 70 visa-free destinations.” “With a Spanish passport, they can enhance their global mobility and enjoy visa-free access to over 180 countries.”
How can Filipinos Obtain a Spanish Golden Visa?
There are four main ways for Filipinos to obtain a Spanish Golden Visa:
- Investing in Spanish real estate: Filipinos can invest in Spanish real estate worth at least €500,000 to obtain a Golden Visa
- Investing in a Spanish company: Filipinos can invest in a Spanish company worth at least €1 million to obtain a Golden Visa
- Investing in Spanish public debt: Filipinos can invest in Spanish public debt worth at least €2 million to obtain a Golden Visa
- Creating jobs in Spain: Filipinos can head a startup that employs Spanish nationals in Spain to obtain a Golden Visa
Famous Filipinos in Spain
There are many Filipino celebrities who have made Spain their base. Bea Alonzo’s route was via real estate as she purchased an apartment in chic Chamberí.
Kitchie Nadal is the erstwhile frontwoman of Filipino pop rockers, Mojofly. The singer-songwriter married Spanish journalist Carlos López in 2015. They live with their son in Madrid.
Another resident of the Spanish capital is socialite Isabel Presyler. She was born in Manila in 1951. The ex-wife of legendary singer Julio Iglesias, Isabel is mother to sons who followed in their father’s footsteps: Enrique Iglesias and Julio Iglesias Jr.
Making a Plan B like Bea Alonzo
The Spanish Golden Visa is a useful option for Filipinos who are interested in obtaining residency and citizenship in Spain. It offers a number of benefits, including visa-free travel in the Schengen Area and opportunities to work and study across the European Union.
So, if you fancy switching from Manila to Madrid, say, don’t delay and contact RIF Trust, your Spanish Residency by Investment specialists, today.