According to El Pais, the Spanish government is considering doubling the minimum investment required to obtain a "Golden Investor Visa." Some media are reporting about talks to completely shut down the program. The "Golden Visa" is a residency permit that foreigners can obtain by investing over 500,000 euros in real estate in Spain.
Some politicians believe that "Golden Visas" encourage speculation in Spanish real estate prices and do not benefit the national economy, but rather harm the local population. However, experts note that the government is unlikely to completely abandon the "Golden Visas" program. It would be more rational to raise the minimum investment amount in Spanish real estate. The amount of 500,000 euros is already insufficient. Negotiations are underway to review the conditions, but they are still in the initial stages.
For now, the program is working well and showing excellent results. In 2022, Spain issued over 2,400 such permits, which is almost 60% more than in 2021. In total, nearly 11,500 "Golden Visas" have been granted since the program came into force. If you are interested in getting Spanish residency and would like to obtain your "Golden Visa," sign up for a free consultation 📲 WhatsApp +34686698158. We will help you obtain it in the shortest possible time.
Some politicians believe that "Golden Visas" encourage speculation in Spanish real estate prices and do not benefit the national economy, but rather harm the local population. However, experts note that the government is unlikely to completely abandon the "Golden Visas" program. It would be more rational to raise the minimum investment amount in Spanish real estate. The amount of 500,000 euros is already insufficient. Negotiations are underway to review the conditions, but they are still in the initial stages.
For now, the program is working well and showing excellent results. In 2022, Spain issued over 2,400 such permits, which is almost 60% more than in 2021. In total, nearly 11,500 "Golden Visas" have been granted since the program came into force. If you are interested in getting Spanish residency and would like to obtain your "Golden Visa," sign up for a free consultation 📲 WhatsApp +34686698158. We will help you obtain it in the shortest possible time.