Spain’s Golden Visa: A Closed Chapter – What’s Next for Investors? 🇪🇸
It’s official: As of today, Spain has closed its Golden Visa program.
After over a decade of attracting foreign investment, the Spanish government has decided to end its residency-by-investment programme, citing concerns over housing affordability and the impact of foreign buyers on the local real estate market.
But What Does This Mean for Investors?
For those considering residency-by-investment in Europe, the closure of Spain’s program only reinforces the importance of acting quickly when opportunities arise.
While Spain is no longer an option, there are programmes that offer similar benefits that are still available, like the Portugal Golden Visa and the Greece Golden Visa - both of which continue to offer visa-free Schengen access and a whole host of other benefits.
For us, Spain’s decision highlights the evolving nature of investment migration; as policies continue to shift, strategic planning becomes essential for individuals who are looking for global mobility, security, and financial diversification.
At Passport Legacy, our priority is to ensure that our clients find the right residency or citizenship solution that suits them and their goals; our team of experts closely monitor the global landscape and are best positioned to help navigate these changes.
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