According to a Eurostat report, one in four foreigners granted citizenship in the European Union obtain a Spanish passport. The European Union grants nearly one million citizenships every year, and figures for 2013 reveal that 225,800 (about 23%) people were given Spanish citizenship in that year, more than in any other EU member state.

The majority of Spain's new citizens came from non-EU countries, and only 1% belonged to another European nation.

Colombians comprised the biggest group of people who were granted Spanish citizenship (17.2%), followed by Ecuadorians (17%) and Moroccans (13.4%). Spain is an especially popular choice for nationals of Latin America who are seeking citizenship in the EU. About 97% of Bolivians and 95.2% of Ecuadorians who applied for an EU citizenship in 2013 applied for a Spanish passport.

To read this article in its entirety please click here

General Information: Contact Us to receive more information about this article. Interested Investors: Kindly complete the following form and we will contact you to discuss your global residency and citizenship investment options.

The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer.