Your Last Chance to Qualify for the Golden Visa in Spain

Spain's Golden Visa program is a popular pathway to European residency for non-EU investors. But for future homeowners looking to have a residence in Spain – sadly, this programe is coming to an end.

If you’re considering investing in Southern Europe, Portugal and Spain have long been recognized for their attractive Golden Visa programs, which have encouraged international investment and offered residency opportunities. However, Portugal recently became the first to cancel its Golden Visa scheme, marking a significant shift in its approach to foreign investment, while Spain continued to maintain its program, making it an appealing option for investors looking to explore opportunities in the region.

With the recent announcement of its abolition through Organic Law 1/2025, potential investors have a limited time to finalize their paperwork to qualify for Spanish Golden Visa.

Here at Drumelia Real Estate, we have an in-house legal team that is happy to assist you throughout the entire process to make sure that you can still enjoy the benefits of this program. Feel free to reach out here or continue reading to learn more.

• Table of contents
• The Golden Visa in Spain
• Countries that benefit from the Golden Visa
• Termination Date Of The Golden Visa In Spain
• What This Means for Homebuyers
• Examples Of Properties €500K – €1M
• Reach Out

The program has been a relatively easy way for international investors to enjoy unrestricted travel within the EU — while maintaining tax residency in their home country.

Since its introduction in 2013, investors have been able to enjoy the benefits of an EU visa while also making solid investments in a growing market. Which means whether you are looking for an easier way to travel through Europe — or simply have a second residence on the beautiful Costa del Sol — this program facilitated the process considerably.

The Spain's Golden Visa program is primarily aimed at non-EU (European Union), non-EEA (European Economic Area), and non-Swiss citizens who invest in Spain. Citizens from the following non-EU countries can benefit from the program, as long as they meet the investment requirements:

• United States
• Canada
• United Kingdom (post-Brexit)
• Russia
• United Arab Emirates
• Saudi Arabia
• India
• Latin America (Brazil, Argentina, Mexico)
• Turkey
• South Africa
• Australia
• New Zealand
• Asia: China (including Hong Kong and Macau), Japan, South Korea, Singapore, Malaysia, Thailand

Let’s go over what you need to know to qualify for the Golden Visa in Spain.

The Spanish government has announced the termination of the Golden Visa program through Organic Law 1/2025. The decision went into effect on the 1st of January, with the official abolition taking place on April 3rd, 2025. 

This official reasoning is that the Golden Visa risks security threats, corruption, and tax evasion.

For potential investors, the clock is ticking!

The program's termination creates both urgency and opportunity for those considering Spanish residency through investment. Here is what we recommend if you wanted to take advantage of this opportunity.

Why Purchase before April 3rd, 2025

In order to qualify, you must purchase the property (notary closed) before April 3rd. You also must submit the documentation and paperwork that goes along with applying for the visa.

Which is why we highly recommend looking into an area like Marbella, with a diverse and growing real estate market and a welcoming international community. This allows for a safe investment — as well as the opportunity for a fantastic vacation home.

If you’d like to take advantage of this convenient program, make sure to make your investment and file your paperwork before this date.

Reach out to us here to inquire about available homes.

Eligibility Criteria

To qualify for the Spanish Golden Visa, investors must meet one of the following criteria:

• Purchase real estate worth €500,000 or more
• Invest €2 million in Spanish Government Bonds
• Invest €1 million in shares of Spanish companies with a measurement socio-economic impact

Due to the complications and increased costs associated with the final two options — many will prefer to invest in real estate to obtain the Spanish Golden Visa. So let’s look into more details about these requirements.

Investing in Real Estate

With an affordable housing market, high quality of life and a high return on investment, buying a house in Marbella allows for a fantastic opportunity.

Whether you want to build up your real estate portfolio or simply have access to a secondary residence, here are the details:

• Directly spend €500,000 in capital (i.e. without a loan)
• Can be single or multiple properties totaling the required amount
• Both commercial and residential properties
• The investment must be maintained throughout the visa period

In other words, you must purchase a property and maintain ownership during the entire validity of your visa.

The Benefits of Golden Visa in Spain

We’ve found the Golden Visa in Spain offers plenty of benefits for applicants. Here are just a few of the most noteworthy:

• Visa-free travel within the Schengen Area
• Residence permit for the investor and their closest family members
• No minimum stay requirement per year to maintain the visa
• Path to permanent residency after 5 years
• Potential route to Spanish citizenship after 10 years

One of the most important benefits is that investors may receive a visa while maintaining tax residency in their home country. This allows for unrestricted travel throughout the EU — but without the permanent residency requirements.

It offers a huge amount of flexibility and opportunities for international investors.

Expedite the Paperwork

The bureaucracy in Spain is not necessarily known for being a smooth experience. That’s why we suggest partnering with a team to help you facilitate the process.

Whether it is with our legal team or one from somewhere else in Spain – we highly recommend having professional support to ensure there are no delays, as this is a time-sensitive matter.

Modern renovated penthouse apartment with fantastic sea views and walking distance to the beach - 520.000 € - D4134

Duplex Penthouse in La Quinta Hills with stunning Golf and Sea Views - 899.000 € - D3727

3-bedroom Town House next to International Aloha College in Nueva Andalucia (Marbella) - 795.000 €- D3524

Plot with panoramic sea and mountain views in Monte Mayor, Benahavis - 790.000 € -  D3495 

This is your last chance to receive an EU visa through this popular program. To find your dream home to invest in, look no further than the Costa del Sol.

Our team at Drumelia Real Estate will help you find an investment property that meets all your criteria. We’ll also support you throughout the entire process to make sure you meet the deadlines on time.

But since the Golden Visa in Spain is coming to an end — reach out TODAY.

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