Spain’s Golden Visa Sees 200% Rise in American Interest Amid Looming Closure

Madrid Sees 200% Rise in American Interest Amid Golden Visa Closure

Madrid has seen a dramatic 200% surge in American applications for Spain’s Golden Visa Program following Spain’s announcement that the residency-by-investment scheme will permanently close on April 3, 2025. Driven by urgency, affluent U.S. investors are rushing to secure Spanish residency, significantly impacting the local real estate market and prompting shifts in Spain’s future investment attraction strategies.

Where to Invest in Europe Now That Spain Is Ending Its Golden Visa Program: A Comprehensive Guide

Where to Invest in Europe Now That Spain Is Ending Its Golden Visa Program: A Comprehensive Guide

With Spain officially ending its Golden Visa program on April 3, 2025, many investors are reevaluating their options for obtaining residency and citizenship in Europe. Fortunately, other countries continue to offer attractive programs for high-net-worth individuals seeking access to the European Union. In this guide, we explore the best options for investors, focusing on Greece, Hungary, Malta, Portugal, and Cyprus.

Spain’s Golden Visa Program Faces Its Final Days

Spain Moves to End Its Golden Visa Program by 2025

Spain’s Congress of Deputies recently approved a bill to abolish the real estate investment route under the Golden Visa Program. This decision could reshape the landscape of residency by investment (RBI) in Europe.

Spanish Golden Visa in 2024: would that be the end of the program?

Spanish Golden Visa

Another European country is ending its investment residence permit program. This time it’s Spain. On July 24, 2024, the Government of Spain, led by the Socialist Party of Prime Minister Pedro Sánchez (PSOE) and the left-wing party Sumar, submitted an amendment to Congress to begin the process of eliminating the Spanish Golden Visa program for any type of investment. The authorities plan to complete the process of eliminating the program by October 2024. But investors still have a chance to take part in the program and receive a Spanish Golden Visa.

Golden Visa Spain: will the requirements change?

Golden Visa Spain

The Spanish government plans to raise the minimum investment required to participate in the Golden Visa Spain program. And also, perhaps, exclude the purchase of real estate from the list of options.

The end of Golden Visa era in Europe

Golden Visa

The end of winter 2023 has become hot for the Golden Visa by Investment industry in Europe. The Program of Portugal and Ireland is officially closed, the Golden Visa to Spain – no real estate option.

This site uses cookies in order to improve your user experience. Detailed information on the use of cookies on this website is provided in our Cookies Policy statement. If you continue on this website, you consent to our use of cookies.