Last Opportunity to Apply for the Golden Visa in Spain: Take Advantage Before It Ends in 2025

Last Opportunity to Apply for the Golden Visa in Spain: Take Advantage Before It Ends in 2025

Since the implementation of the Golden Visa in 2013, Spain has issued more than 14,500 visas of this type, attracting international investors interested in acquiring properties and other strategic assets in the country. This visa offers the possibility of obtaining a residency permit in exchange for significant investments. However, the recent announcement by the Spanish Congress marks an important change: starting in 2025, the issuance of new Golden Visas will come to an end.

With the end of this law in sight, investors have one last opportunity to take advantage of the benefits of the Golden Visa in Spain. In this article, we explain everything you need to know about this visa, the recent legislative changes, and how you can seize this moment before the law takes effect.

What is the Golden Visa, and Why Is It So Valuable?

The Golden Visa is a residence permit for non-EU citizens who make a substantial investment in Spain. Created in 2013, this visa has been highly attractive for those seeking not only a profitable investment in the real estate or financial sector but also a gateway to residence in an EU country. The basic requirements include:

Purchasing real estate worth at least 500,000 euros.
Investing over two million euros in Spanish government debt.
Buying shares or stakes in Spanish companies with a minimum investment of one million euros.
Creating a business project in Spain that is of general interest.

Why Is the Golden Visa Ending?

The new legislation, approved by the Spanish Congress in November 2024, eliminates residency-by-investment visas starting in 2025. This change is part of the Law on Judicial Efficiency and aims to adjust Spain's immigration and residency policies. According to the government, the elimination of the Golden Visa responds to the need to promote greater equality in housing access and a sustainable real estate market.

While the law still needs Senate approval, the anticipated effective date is sometime in 2025, meaning the time to apply for a Golden Visa under the current conditions is quickly running out.

Why Is Now the Perfect Time to Act?

If you’ve been considering investing in Spain to obtain a Golden Visa, now is the ideal moment to act. The transitional provision in the new law will allow those investors who apply for their visa before the effective date to still benefit from this special residency. In other words, if you submit your application before 2025, you will still have the chance to obtain the Golden Visa under the current conditions, even after the law takes effect.

Furthermore, the demand for properties in Spain remains strong, especially in urban and coastal areas. Investing in property now not only allows you to secure residency but also benefits you from a solid investment in a market that, while at historical highs, remains stable and attractive.

How Can You Apply for the Golden Visa Before It Ends?

At Coldwell Banker España, we are here to help you navigate the Golden Visa application process. Our team of experts will guide you step by step to ensure you meet all the requirements and submit your application on time. Here are some key steps:

Choosing the right investment: Whether it's a real estate property in a high-demand area or an investment in local companies, we will help you find the best option for your profile and objectives.
Preparing documents: The Golden Visa application requires a series of documents, and our team will support you at each stage to ensure nothing is missing.
Legal and tax advice: We work with specialized lawyers who can provide comprehensive advice on all legal and tax aspects of the investment.

Don’t Miss This Last Opportunity

The elimination of the Golden Visa marks the end of an era in Spain, and if you have ever considered this option for residency, this is your last chance. Seize this moment before the deadline ends and ensure you have the support of an expert real estate team.

Contact us today to explore your options and take the first step towards your investment in Spain. We are here to help you make a smart, strategic investment that not only meets your financial goals but also allows you to enjoy all the advantages of living in this wonderful country.

At Coldwell Banker Spain, we are committed to helping you achieve your investment goals and make the most of this last opportunity to obtain the Golden Visa.