Is the Golden Visa in Spain Still Available in 2024?

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The RIF Trust Take on the Future of Spain’s Golden Visa

Our Chief Operating Officer is David Regueiro. Born and bred in Spain, Regueiro religiously follows the news in Spanish. So, when he reads El País’ El Gobierno enmienda una ley para acabar con todas las ‘golden visa’, incluidas las que son por inversión empresarial, Regueiro understands that the Spanish Government wants to do away with business golden visas as well as real estate ones.

“We knew this was coming,” he reassures us. “Back in April, Spanish President Pedro Sánchez expressed his intention to eliminate the real-estate route to landing a golden visa in Spain.”

“But there is no definite date for the abolition of Spanish Residency by Investment. This is a proposal that still needs agreement across the parties to pass into law. Now, with the Spanish Golden Visa, it’s still very much business as usual!”

Yet, Regueiro advises investors to be quick: “If you want to enjoy the benefits of the golden visa in Spain which can’t be revoked even if the programme goes, act quickly as Spanish Residency by Investment could disappear by September.”

Ruling PSOE and Sumar Begin Process to Eliminate the Golden Visa in Spain

Does Residency by Investment appeal to you? One of the most popular European programmes is the Spanish Golden Visa. But, despite news stories of its impending demise circulating, the golden visa remains available in Spain in 2024.

How to Invest in European Residency in 2024

Currently, you can still apply for the Spain Golden Visa but the proposals to get rid of it are likely to become law because of cross-party support. Your next step should be to talk to an European Residency by Investment consultancy such as RIF Trust. So, contact us now and we’ll show you how to invest in Spanish residency before it’s too late.