Spanish Golden Visa in 2024: would that be the end of the program?
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.
Reassessing the Impact of Golden Visa Programs on European Housing Markets
As Europe grapples with economic shifts and rising housing prices, the role of Golden Visa programs has come under scrutiny. These changes reflect a broader understanding within the European Union of the need to balance economic benefits with social implications.
Golden Visa Spain: will the requirements change?
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
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.
