Golden Visa Update: A Window of Opportunity for Non-Europeans
Keith and Alex Radford from My Lawyer in Spain discuss the potential withdrawal of Spain’s Golden Visa program. While the Spanish government has announced plans to withdraw it, the decision is still pending parliamentary approval, leaving a window of opportunity for non-European buyers who meet certain criteria. Those who have purchased property in Spain valued at €500,000 or more between September 2013 and now, and with no debt, can still apply for the Golden Visa. Alex highlights that despite the government’s shift, many clients have already expressed interest in securing the visa before it’s withdrawn. This visa allows holders to live, work, and renew their status with minimal time spent in Spain, making it an attractive option for investors. However, alternative visa options are still available for non-Europeans interested in long-term stays.
Key Points:
- Golden Visa application still possible for property owners with €500k+ purchases.
- Visa allows living and working in Spain, with minimal residency requirements.
- Window of opportunity could close in 2-3 months; act fast if interested.
- Other visa options are still available for non-European investors.