"cuenta indisponible" for visa application

Has anyone completed the Golden Visa application using the provisions outlined in the law to do so with a property purchase in contract but not yet closed and recorded?  The law requires adequate funds be deposited in a Spanish bank account "indisponible," or not available for purposes other than satisfying the pre-contract to buy.  But our bank (Caixabank) seems unable to supply a certificate of such an account, as have initial responses from Bankia and Abanca.


It sounds like an escrow account, which is not generally used in Spain.  But someone must have used this pathway before, as it is clearly provided for in the law.

@havens54


For a Golden Visa, I suggest using an immigration attorney, and they can clarify everything.


This page is by a large immigration law firm and they usually have pretty good info. This doesn't mention "cuenta indisponible" or any kind of escrow. Instead, it says you make the investment and then you provide proof of your investment. Such proof(s) must total 500k euros. There are several categories of investment, including real estate... and you can invest your 500k in one property, or multiple properties.

https://balcellsgroup.com/golden-visa-spain/


If you're not yet totally committed to the Golden Visa, I recommend comparing it with the No Lucrativa Visa, which only needs 30k euros in savings to qualify. And you can do it yourself without an attorney.

You're right about the relative investment, but the Non-Lucrative Visa is much more restrictive.  We are already committed to Spain, Galicia in specific.