Spain's Golden Visa is Ending in April 2025!

Official State Gazette has announced that the Spanish Golden Visa program will officially terminate in 2025, concluding discussions that have been going on since April 2024. The law will take effect three months after its statement, making April 3, 2025, the deadline for the new Golden Visa applications.

What is the Spanish Golden Visa?

Entered into force in 2013, Spain’s Golden Visa allowed non-EU nationals to live and work in Spain through investment. The threshold for real estate investment for a Golden Visa was €500.000, and €1 million for government bonds. The program attracted around 15.000 individuals to buy property for Golden Visa in Spain.

The Golden Visa benefits in Spain include:

• Visa-free travel across Schengen countries,
• Inclusion of family members,
• Economic benefits offered by Spain,
• Mild climate and beautiful beaches,
• High quality of life.

What Happens Now?

Properties worth €500.000 will be eligible for a last-minute application for Spain’s Golden Visa, until April 3rd, 2025. Therefore, completing your property transaction until the last week of March is crucial. Existing Golden Visa holders will retain their rights until their visas naturally expire.

Act Quickly to Secure Your Golden Visa

If your goal is to get a Spanish residency by investment, remember that taking quick action and professional guidance is essential in these last 3 months. Our team of experienced lawyers and agents understands the urgency of this process and is ready to assist you every step of the way.

Through our remote-buying and power of attorney services, you can start and complete the entire property purchase process without traveling to Spain. Our TeleProperty ® system enables you to benefit from a remote property purchase in Spain while our legal experts ensure your rights are protected and the process is handled efficiently.

Contact us today to take advantage of this fleeting opportunity!

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