See here an update on the Golden-Visa ruling which proposes to exclude this law.
The President of the Spanish Government points out that most of these accesses to residence are concentrated in the capitals where the market is most tense: “We do not want a speculative investment model in Spain”
Menu:
In this post we cover the following: (click any section to see its content)
Update on the spanish golden-visa
UPDATE ON THE SPANISH GOLDEN-VISA:
The government published on the 09th August an update their proposition to exclude the Golden-Visa, which explains that their proposed law will be voted upon on the 04th of September, and if passed, will eliminate immediately the provision that allows obtaining a residence visa based on housing investment, the so-called golden visa.
If passed, all applications made prior to this date will be valid and processed, but any new applications made after this date, will not be accepted.
This was announced 09 August by the President of the Government, Pedro Sánchez, during a visit to the municipality of Dos Hermanas to participate in an event on social housing.
It has been explained that this proposed law will be voted upon by the coalition government on 04th September, with the following reasons why it should be accepted:
- It has been proposed that the Golden-Visa law “has not worked” and the reasons that is was introduced have not been achieved.
- It is stated that this law has caused Gentrification, causing the process of changing the character of a neighborhood through the influx of more affluent residents (the “gentry”) and investment.
- The law also states that there is a general concept and push to eliminate this law throughout the countries of the EU.
ALL TYPES OF RESIDENCY AVAILABLE IN SPAIN:
- Golden-Visa Spain (residence in Spain by investment)
- Non-Lucrative visa Spain (Spanish visa non lucrative)
- Self-Employed visa Spain (self employed expats in Spain)
- Digital-Nomad visa Spain (remote worker in Spain)
Please see-here our video-blog with options and legal-advice to obtain residency in Spain.
Remember that immigration procedures and immigration regulations change regularly, so it’s crucial to stay updated with the latest information from reliable sources. If you have specific questions or concerns about your situation, it’s advisable to consult with immigration authorities or legal professionals specializing in immigration matters, to do this, please click-here »
DO YOU REQUIRE ASSISTANCE TO APPLY FOR RESIDENCE OR CITIZENSHIP IN SPAIN?
We are a Spanish Solicitor and assist our clients with all types Spanish legal processes.
Permanent residency is obtained after 5 years of Spanish Residency through Self-Employed Residency, Digital-Nomad, Non-Lucrative Residency or Golden-Visa. This followed by 5 years as a permanent resident in Spain and means you can then obtain Spanish Citizenship with a Spanish Passport.
