End of the Golden Visa in Spain

On January 3, 2025, the Official State Gazette (BOE) published Organic Law 1/2025, dated January 2, introducing measures to enhance the efficiency of the Public Justice Service. This new legislation officially marks the end of the Golden Visa program in Spain, a scheme that has allowed non-EU investors to obtain residency by making significant financial investments in the country.

Key points

• Existing applications: Any applications submitted before the law comes into force can still be processed under the previous regulations.
• Renewals: Investors who have already been granted a Golden Visa can renew their permits under the same conditions that were in place when the initial authorisation was issued.

Deadline for new applications

The law will come into force three months from its publication, meaning that investors have until April 2, 2025, to submit new applications under the existing Golden Visa rules. After this date, Spain will no longer accept new applications for residency through this programme.

What this means for investors

If you are considering applying for a Golden Visa in Spain, time is of the essence. Ensuring that your application is complete and submitted before the April 2 deadline is crucial. At Svelsan International Lawyers, we specialise in Spanish immigration law and can assist you throughout the entire process to maximise your chances of success.

Need assistance?

If you have any questions or require expert legal advice regarding your application, do not hesitate to contact us.