Spain’s Golden Visa Sees 200% Rise in American Interest Amid Looming 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.
Spain’s Golden Visa Program Faces Its Final Days
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.
