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.