Spain’s Golden Visa program, which has been a popular route for non-EU nationals seeking residency through investment, is officially closing. Following a decree by King Felipe VI and as detailed in the BOE (Official State Gazette), the program will no longer accept new applications after April 3, 2025. Here’s everything you need to know about this development and what it means for those interested in applying before the deadline.
Only 3 Months Remaining to Apply
As part of a series of changes to Spain’s immigration and residency policies, the government has decided to shut down the Golden Visa program. This decision marks a significant shift in Spain’s approach to attracting foreign investment and affluent individuals looking to relocate. The program has allowed foreign nationals to secure residency by making qualifying investments in real estate and has been a key tool for boosting Spain’s economy.
Transitional Period for Existing Applicants
The good news for those currently in the process or already holding a Golden Visa is that there will be a transitional period until April 3, 2025. The government will continue to process applications that are already in the pipeline. This allows existing applicants to complete their application process and gain the benefits of the residency program. Importantly, the law guarantees that current Golden Visa holders will retain their residency despite the program’s closure.
What Does This Mean for Investors and Applicants?
The closure of the Golden Visa program means that time is running out for those considering Spain as their destination for investment and residency. If you have not yet started the application process, now is the time to act. By investing €500,000 in real estate, you can secure residency in as little as 90 days and enjoy benefits such as visa-free travel across the Schengen Zone. This is a rare opportunity to secure your future in Spain before the program closes for good.
This is your last chance
Spain’s Golden Visa program is coming to an end, but there is still a limited window to apply. Don’t miss your chance to secure your residency through a €500,000 real estate investment. With residency granted in just 90 days, you can enjoy the many benefits Spain has to offer, including visa-free travel across the Schengen Zone and a bright future for you and your family.
Act now while you still have the chance. Contact Soland today to start your application and ensure your place in Spain before the April 3, 2025 deadline. Let us guide you through the process and help you make your dream of Spanish residency a reality.
