Yolanda Lobao
Partner – Private Wealth/ Private Client
Spain’s «Golden visa» programme will close on the 3rd April 2025. Individuals will no longer be able to obtain a residence permit by investing in Spanish real estate, public debt securities, bank deposits, or shares in Spanish companies. However, Visa opportunities remain through other routes such as non-lucrative residencies, for highly qualified professionals, certain employees by means of the Beckham Law and ‘digital nomads’. Time left for new Applications only until 3rd April 2025.
Law 1/2025 of 2nd January, on Measures of Efficiency of Justice has been definitely approved and it will come into force from the 3rd April 2025.
With the suppression of Articles 63-67 of the Law 14/2013 on support of entrepreneurs and its internationalization; not only Visas and Authorizations of Residency due to the acquisition of real estate are eliminated, but also Visas and authorizations of residency for investing on Spanish public debt, shares of companies, investment funds, bank deposits and entrepreneurial projects.
- Applications submitted prior to 3rd April 2025, will be dealt with.
- All existent Visas and Authorizations of Residency for Investors on Real Estate, valid on the 3rd April 2025, will remain valid.
- No new Applications can be made after the 3rd April 2025.
- Renewals of the existent Visas and Investors´ Authorizations of Residency permitscould be renewed, when expire, for successive periods of 5 years provided the conditions, applicable at the time of the investment, continue to be complied with.
If you wish to start or renew an Application now, please contact us as soon as possible.
