Spain changes its mind on the golden visa ban while applications continue to be approved.

12/13/24

Spain’s Golden Visa: now you have more time to take advantage of this unique opportunity.

If you were considering obtaining a Golden Visa in Spain but were uneasy about the proposed legislative changes, we have great news!  Recent Senate decisions now give you more time to act. Although changes to the program were announced for 2025, a Senate veto has delayed the process, allowing those who have not yet initiated the process to do so before any restrictions take effect.

What does this mean for you?

Spain’s Golden Visa program offers non-residents of the European Union an exclusive opportunity to obtain Spanish residency, with the potential to access citizenship through investment. To qualify, applicants may choose to:

  • Invest €500,000 in property.
  • Invest €2 million in Spanish government bonds.
  • Investing 1 million euros in shares of Spanish companies.

One of the biggest advantages of this program is its flexibility. It is not mandatory to reside in Spain full time; you only need to be in the country one day a year to maintain your status. This makes it an ideal option for those seeking residency benefits without committing to a permanent move.

Why act now?

Although the Senate veto has created an additional window of time, Congress still has the power to move forward with the ban. According to estimates, the program could end for good as early as April 2025. So the time to act is now! 

Increase in applications: take advantage before it’s too late.

Since the possible abolition was announced, interest in Golden Visas has grown exponentially. Approvals have increased by more than 37% this year, a clear sign that many are taking advantage of this window of opportunity.

Secure your residency in Spain through the Golden Visa and start the path to obtaining a Spanish passport for you and your family.  Act now and enjoy all the advantages. Contact us now at INFO@VBILC.COM

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