{"id":2011,"date":"2025-09-12T08:16:47","date_gmt":"2025-09-12T06:16:47","guid":{"rendered":"https:\/\/curiara.com\/europa\/?p=2011"},"modified":"2025-11-06T11:29:40","modified_gmt":"2025-11-06T09:29:40","slug":"golden-visa-spain-consequences-of-the-end","status":"publish","type":"post","link":"https:\/\/curiara.com\/europa\/en\/golden-visa-espana-consecuencias-del-fin\/","title":{"rendered":"The Golden Visa in Spain: consequences of the end of the visa requirement"},"content":{"rendered":"<p>For years, one of the most common questions asked by those seeking to migrate to <strong>Europe<\/strong> through investment was: <strong>how does the golden visa Spain work?<\/strong>&nbsp;<\/p>\n\n\n\n<p>This special visa, <strong>introduced in 2013<\/strong>offered to <strong>non-EU citizens<\/strong> the possibility of <strong>be legally resident in Spain<\/strong> in return for significant investment, mainly in <strong>real estate.<\/strong><\/p>\n\n\n\n<p>However, in <strong>2024<\/strong> the Spanish government announced the <strong>end of the Golden Visa<\/strong> as a measure to regulate the <strong>real estate market<\/strong>The Committee would like to see an increase in the number of people buying property for speculative purposes.&nbsp;<\/p>\n\n\n\n<p>The news generated a strong impact among <strong>foreign investors<\/strong>, <strong>families<\/strong> who were planning to move to <strong>Spain<\/strong> y<strong> legal advisors<\/strong> who worked in this type of procedure.<\/p>\n\n\n\n<p>In this article we will go through in detail what was the <strong>golden visa Spain<\/strong>What were its requirements, benefits and implementation process, and what are the consequences of its elimination from 2025 onwards?&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What was the Golden Visa in Spain?<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"533\" src=\"http:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-en-espana-pasaporte.jpg\" alt=\"golden visa in spain passport\" class=\"wp-image-2013\" title=\"golden visa in spain passport\" srcset=\"https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-en-espana-pasaporte.jpg 800w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-en-espana-pasaporte-300x200.jpg 300w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-en-espana-pasaporte-768x512.jpg 768w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-en-espana-pasaporte-18x12.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p>The <strong>golden visa Spain<\/strong> was a residence permit created by the <a href=\"https:\/\/www.boe.es\/buscar\/act.php?id=BOE-A-2013-10074\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Law 14\/2013<\/strong><\/a>known as \"<strong>Entrepreneurs Law\".<\/strong> The aim was to <strong>attracting foreign capital to the country<\/strong>in exchange for the possibility of living and working in <strong>Spain<\/strong> legally.<\/p>\n\n\n\n<p>The mechanism was simple, if a <strong>citizen<\/strong> <strong>non-European<\/strong> made a significant investment (usually in real estate), it could apply for this <strong>visa<\/strong> special that was initially granted by <strong>two years<\/strong>renewable for further periods of <strong>five years<\/strong>to the <strong>residence<\/strong> <strong>permanent<\/strong> and, eventually, nationality.<\/p>\n\n\n\n<p>In due course, <strong>Spain<\/strong> became one of the favourite destinations for <strong>investors<\/strong> d<strong>e China, Russia, Venezuela, Mexico and the Persian Gulf countries<\/strong>attracted not only by the real estate market, but also by the quality of life, the climate and the opportunities offered by the country.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Investment requirements<\/h2>\n\n\n\n<p>The most common requirements for access to the <strong>golden visa in Spain<\/strong> were:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Real estate:<\/strong> a minimum investment of <strong>500,000 euros<\/strong> in real estate, whether it was a single property or several properties totalling that amount.<br><\/li>\n\n\n\n<li><strong>Government bonds:<\/strong> investment of at least <strong>2 million<\/strong> in Spanish public debt.<br><\/li>\n\n\n\n<li><strong>Shares or bank deposits:<\/strong> investment of <strong>1 million euro<\/strong> in shares of Spanish companies or deposits in local banks.<br><\/li>\n\n\n\n<li><strong>Business projects:<\/strong> develop a <strong>business<\/strong> considered to be of general interest to the<strong> Spanish economy<\/strong> (with innovation, employment generation or positive social impact).<br><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>The most popular, without a doubt, was the <strong>real estate<\/strong>especially in cities such as <strong>Madrid, Barcelona, Valencia, Malaga and the Balearic Islands.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Benefits of the Golden Visa<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"800\" height=\"533\" src=\"http:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/beneficios-golden-visa.jpg\" alt=\"golden visa benefits\" class=\"wp-image-2015\" title=\"golden visa benefits\" srcset=\"https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/beneficios-golden-visa.jpg 800w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/beneficios-golden-visa-300x200.jpg 300w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/beneficios-golden-visa-768x512.jpg 768w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/beneficios-golden-visa-18x12.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p>The <strong>golden visa in Spain<\/strong> was not just a migratory role. It brought with it a number of benefits that made it very attractive to investors and families:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Residence for the whole family:<\/strong> the leave included the spouse, children under the age of 18 and, in some cases, dependent adult children.<br><\/li>\n\n\n\n<li><strong>Initial validity of 2 years:<\/strong> with the possibility of renewal for <strong>5 years<\/strong> additional investment as long as the investment was maintained.<br><\/li>\n\n\n\n<li><strong>Road to permanent residence:<\/strong> after <strong>5<\/strong> <strong>years<\/strong> of legal residence, it was possible to apply for <strong>long-term residence,<\/strong> and after <strong>10 years nationality <\/strong>Spanish.<br><\/li>\n\n\n\n<li><strong>Free movement in Europe:<\/strong> allowed to move within the <strong>space <\/strong><a href=\"https:\/\/curiara.com\/europa\/en\/schengen-visa-how-to-apply\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Schengen<\/strong><\/a> without the need for <strong>additional visas.<\/strong><br><\/li>\n\n\n\n<li><strong>Right to work in Spain:<\/strong> not only to reside, but also to work as an employee or self-employed person.<br><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>For many <strong>Latin Americans<\/strong>especially <strong>Venezuelans<\/strong> y <strong>Colombians<\/strong>was a quick and legal way to establish a foothold in <strong>Europe<\/strong> with security and stability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What the application process was like<\/strong><\/h2>\n\n\n\n<p>The process for applying for the <strong>golden visa Spain<\/strong> was fairly well defined:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Realise the investment:<\/strong> first the purchase of the property or the chosen investment had to be completed, with all the documentation registered with <strong>Spain<\/strong>.<br><\/li>\n\n\n\n<li><strong>Gather personal documents:<\/strong> valid passport,<strong> private health insurance<\/strong> valid in <strong>Spain<\/strong>The following documents are required: a criminal record certificate and proof of funds.<br><\/li>\n\n\n\n<li><strong>Application at the consulate or in Spain:<\/strong> the procedure could be initiated in the country of origin or directly in the country of origin. <strong>Spain<\/strong>.<br><\/li>\n\n\n\n<li><strong>Resolution deadlines:<\/strong> the government undertook to resolve the issue within a maximum of <strong>20 working days,<\/strong> which was very fast compared to other types of visas.<br><\/li>\n\n\n\n<li><strong>Periodic renewal:<\/strong> as long as the investment was maintained, it could be renewed up to the point of accession. <a href=\"https:\/\/curiara.com\/europa\/en\/residence-permit-for-venezuelan-nationals-in-spain\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>permanent residence.<br><\/strong><\/a><\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Consequences of the end of the Golden Visa in 2025<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"800\" height=\"533\" src=\"http:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/fin-de-la-golden-visa-espana.jpg\" alt=\"end of the golden visa spain\" class=\"wp-image-2016\" title=\"end of the golden visa spain\" srcset=\"https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/fin-de-la-golden-visa-espana.jpg 800w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/fin-de-la-golden-visa-espana-300x200.jpg 300w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/fin-de-la-golden-visa-espana-768x512.jpg 768w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/fin-de-la-golden-visa-espana-18x12.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p>The <strong>advertisement<\/strong> of the elimination of the <strong>golden visa Spain<\/strong> had immediate repercussions in several sectors.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Impact on the real estate market:<\/strong> in cities such as <strong>Barcelona<\/strong> o <strong>Madrid<\/strong>where a large part of the luxury purchases came from <strong>foreign investors<\/strong>In the case of the EU, a decrease in demand is expected.<br><\/li>\n\n\n\n<li><strong>Less attractive to international investors:<\/strong> <strong>Spain<\/strong> loses a competitive advantage over others <strong>European countries <\/strong>that still maintain investment residency programmes.<br><\/li>\n\n\n\n<li><strong>Increased focus on real business projects:<\/strong> the government is seeking to redirect investment towards <strong>innovation<\/strong>, <strong>employment<\/strong> y <strong>development<\/strong> sustainable, rather than speculative house purchases.<br><\/li>\n\n\n\n<li><strong>Uncertainty in families planning to migrate:<\/strong> many <strong>families<\/strong> who were planning to apply for this visa must now evaluate other legal residence alternatives.<br><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Alternatives in Europe: Portugal and Greece<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"http:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-portugal-y-grecia.jpg\" alt=\"golden visa portugal and greece\" class=\"wp-image-2017\" title=\"golden visa portugal and greece\" srcset=\"https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-portugal-y-grecia.jpg 800w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-portugal-y-grecia-300x200.jpg 300w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-portugal-y-grecia-768x512.jpg 768w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/golden-visa-portugal-y-grecia-18x12.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p>Although <strong>Spain<\/strong> closed its programme, countries such as <strong>Portugal and Greece<\/strong> kept in <strong>2025<\/strong> attractive options for those who wish to obtain the <strong>European residence<\/strong> through investment.&nbsp;<\/p>\n\n\n\n<p>These programmes, also known as <strong>Golden Visa<\/strong>offer very similar benefits: <strong>legal residence, free movement within Schengen<\/strong> and the possibility of reaching the <strong>citizenship<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Golden Visa Portugal<\/h3>\n\n\n\n<p>The <strong>Portuguese programme<\/strong>in force since <strong>2012<\/strong>is one of the most recognised in <strong>Europe<\/strong>. Its main avenues of investment include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Real estate<\/strong>minimum purchase of <strong>500.000 \u20ac<\/strong>reduced to <strong>350.000 \u20ac<\/strong> in properties for rehabilitation or located in rural areas.<br><\/li>\n\n\n\n<li><strong>Capital funds<\/strong>: contribution of <strong>500.000 \u20ac<\/strong> in funds that support domestic companies.<br><\/li>\n\n\n\n<li><strong>Cultural or scientific projects<\/strong>: investments from <strong>250.000 \u20ac<\/strong>.<br><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>One of its major advantages is the <strong>low residency requirement<\/strong> (seven days a year) and rapid access to the <strong>citizenship in just six years<\/strong>one of the shortest deadlines in the <strong>EU<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Golden Visa Greece<\/h3>\n\n\n\n<p><strong><a href=\"https:\/\/www.riftrust.com\/es\/residencia-por-inversion\/grecia\/\" target=\"_blank\" rel=\"noreferrer noopener\">Greece<\/a><\/strong>The programme, on the other hand, stands out as one of the most accessible programmes. With only <strong>250,000 in real estate<\/strong>you get a<strong> residence permit<\/strong> valid for <strong>five years<\/strong>renewable indefinitely.&nbsp;<\/p>\n\n\n\n<p>The procedure is usually resolved in a few days. <strong>two months<\/strong> and allows to include the <strong>spouse<\/strong>children under the age of <strong>21<\/strong> and parents of both applicants.<\/p>\n\n\n\n<p>The <strong>real estate variety<\/strong>from flats in <strong>Athens<\/strong> to villas on islands such as <strong>Santorini<\/strong> o <strong>Crete<\/strong>has turned <strong>Greece<\/strong> in a highly sought-after destination.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Comparison<\/h3>\n\n\n\n<p><strong>Portugal<\/strong> offers <strong>greater diversity of investments<\/strong> and a fast track to the <strong>citizenship<\/strong>while <strong>Greece<\/strong> stands out for its <strong>low cost of entry<\/strong> and its speed.&nbsp;<\/p>\n\n\n\n<p>In both cases, they represent solid alternatives for those looking for an entry point to <strong>Europe<\/strong> after the end of the <strong>Golden<\/strong> <strong>Visa<\/strong> <strong>Spanish<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What can interested parties in Spain do?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"http:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/inversionista-en-espana-sin-golden-visa.jpg\" alt=\"investor in spain without golden visa\" class=\"wp-image-2018\" title=\"investor in spain without golden visa\" srcset=\"https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/inversionista-en-espana-sin-golden-visa.jpg 800w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/inversionista-en-espana-sin-golden-visa-300x200.jpg 300w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/inversionista-en-espana-sin-golden-visa-768x512.jpg 768w, https:\/\/curiara.com\/europa\/wp-content\/uploads\/sites\/2\/2025\/09\/inversionista-en-espana-sin-golden-visa-18x12.jpg 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p>While the <strong>golden visa in Spain<\/strong>as it was known, has come to an end, other avenues for legal residence remain available:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Non-profit residence visa:<\/strong> for those who have stable financial means without the need to work in the country.<br><\/li>\n\n\n\n<li><strong>Student visa:<\/strong> valid for those wishing to pursue higher education.<br><\/li>\n\n\n\n<li><strong><a href=\"https:\/\/curiara.com\/europa\/en\/family-roots\/\" target=\"_blank\" rel=\"noreferrer noopener\">Residence on the basis of roots<\/a>:<\/strong> applicable in cases of prolonged stay and family links in <strong>Spain<\/strong>.<br><\/li>\n\n\n\n<li><strong>Entrepreneurship and innovation:<\/strong> the Spanish government wants to continue attracting technological and social impact projects, although no longer under the label of \"social impact projects\". <strong>\"Golden Visa<\/strong>.<br><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>The <strong>golden visa Spain<\/strong> was, for more than a decade, an open door for thousands of families who found in this programme a legal, fast and safe way to settle in the country. <strong>Europe<\/strong>.&nbsp;<\/p>\n\n\n\n<p>Its end marks a change in the <strong>the country's migration and economic strategy<\/strong>The focus is now on more sustainable and less speculative models.<\/p>\n\n\n\n<p>For those who still dream of living in <strong>Spain<\/strong>There are other ways. They will not be as direct as <strong>investing in a luxury property<\/strong>The European Union is still offering the possibility of living in a country that, because of its culture, language and quality of life, continues to be one of the favourite destinations for Latin Americans.<\/p>\n\n\n\n<p>At <strong><a href=\"https:\/\/curiara.com\/europa\/en\/\" target=\"_blank\" rel=\"noreferrer noopener\">Curiara<\/a><\/strong> we know that the end of the <strong>Golden Visa in Spain<\/strong> can create uncertainty, but it also opens the door to new alternatives. With this article we want to help you understand the changes and the options available, so that your path towards the <strong>residence in Europe<\/strong> be clearer and simpler. <\/p>\n\n\n\n<p>Because the most important thing is to build a stable future with those you love the most.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Durante a\u00f1os, una de las preguntas m\u00e1s comunes entre quienes buscaban emigrar a Europa a trav\u00e9s de la inversi\u00f3n fue: \u00bfc\u00f3mo funciona la golden visa Espa\u00f1a?&nbsp; Este visado especial, introducido en 2013, ofrec\u00eda a ciudadanos extracomunitarios la posibilidad de residir legalmente en Espa\u00f1a a cambio de una inversi\u00f3n significativa, principalmente en bienes ra\u00edces. Sin embargo, [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-2011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tramites"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Golden Visa en Espa\u00f1a: su fin y las consecuencias | Curiara<\/title>\n<meta name=\"description\" content=\"Llega el fin de la Golden Visa en Espa\u00f1a. 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