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Spain Golden Visa

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PROGRAM ENDED APRIL 3, 2025

The Spain Golden Visa program officially ended on April 3, 2025, following government concerns about housing affordability and market speculation. No new applications are being accepted.
Previous Investment Options (No Longer Available)
  • Real Estate Investment: €500,000 minimum (terminated)
  • Capital Investment: €1 million in Spanish company shares or bank deposits
  • Government Bonds: €2 million in Spanish government debt securities
  • Business Projects: Significant investment in projects of general interest
Impact on Existing Holders
  • Existing Golden Visa holders maintain their rights
  • Renewal applications will be processed under original approval terms
  • Applications submitted before April 3, 2025, remain unaffected
  • Family members included in approved applications retain benefits
Alternative Spanish Residency Options

With the Golden Visa program ended, investors seeking Spanish residency may consider:

  • Non-lucrative visa for financially independent individuals
  • Work permits and employment-based visas
  • Family reunification programs
  • Student visas leading to residency

Alternative European Programs: Portugal, Greece, Italy, and Malta continue offering Golden Visa programs for investors seeking European residency.

Program Status

The Spanish government terminated the Golden Visa program as part of efforts to address housing shortages and ensure housing remains a fundamental right rather than a speculative investment vehicle. This decision reflects Spain’s response to rising property prices in major cities like Madrid and Barcelona.

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