Only 3 Months Left Until the End of Spain’s Golden Visa Era. Will You Seize This Final Opportunity?

Spain, renowned for its culture, sunshine, and exceptional lifestyle, has offered a unique opportunity for non-EU citizens over the past decade: the “Golden Visa,” allowing residency in exchange for investment. However, this chapter is coming to a close, as the program will end on April 3, 2025.

What Is the Golden Visa?

Introduced in 2013, this program offered residency in Spain in exchange for investments in the country’s economy. The most popular route was the purchase of real estate worth at least €500,000. Other options included investing €1 million in businesses or €2 million in government bonds. The program has been particularly appealing to investors from China, Russia, and other countries, granting them not only residency in Spain but also free movement within the Schengen Zone.

The Program in Numbers

Over the past decade, approximately 14,600 people have obtained a Golden Visa, accounting for less than 0.1% of all real estate transactions in the country. However, in areas like Barcelona (and to a lesser extent, other major cities along the southern coast), these investments have had a more noticeable impact on the local market.

Why Is the Program Ending?

Without diving too deeply into politics, the Spanish government cites the need to ensure housing affordability for its citizens as the primary reason. This decision has drawn criticism from business circles, as the investments brought by the Golden Visa were seen as a valuable source of foreign capital.

A Final Chance to Act

If you’ve dreamed of owning property in Spain, this is your last chance to take advantage of this unique opportunity. Applications for the Golden Visa will be accepted until April 3, 2025, and all applications submitted during this period will be processed under the current rules.

Real estate in Spain not only provides the chance to reside in this beautiful country but also represents one of the most stable investments in Europe. Whether you’re looking for your dream summer home or aiming to diversify your investment portfolio, now is the time to act.

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