Spain Golden Visa

Program Overview

The Spain Golden Visa is Spain's investment migration program, providing qualified investors and their families with residency rights through a qualifying investment. The program offers a structured path to permanent residency and eventual citizenship.

Investment begins at Closed to new applicants, with multiple qualifying options available. The program includes family coverage for spouse, children under 18, dependent adult children, dependent parents.

Investment Options

Spain offers 4 investment pathways to qualify for the program:

• Real estate (historical, pre-closure): €500,000 — Closed since 3 April 2025 under Organic Law 1/2025 — figure retained for historical reference only
• Capital transfer (historical, pre-closure): €1,000,000 — Closed since 3 April 2025
• Government bonds (historical, pre-closure): €2,000,000 — Closed since 3 April 2025
• Business project (historical, pre-closure): N/A — Closed since 3 April 2025

Key Highlights

• CLOSED 3 April 2025 under Organic Law 1/2025 — no new applications accepted
• Existing permit holders retain validity; renewals follow the rules in force at original grant date
• Applications filed before 3 April 2025 may still be evaluated under prior rules
• See our full closure analysis for alternative EU routes (Portugal, Greece, Malta)

Residency & Citizenship Timeline

The Spain Golden Visa offers the following timeline:

• Processing time: N/A — no longer accepting new applications
• Residency requirement: N/A — programme closed to new applications
• Physical presence: None required
• Path to permanent residency: 5 years (existing holders only, under transitional rules)
• Path to citizenship: 10 years (existing holders only; requires 183+ days/year + language + culture test)
• Dual citizenship: Not recognized (some exceptions for Ibero-American countries)

Tax Considerations

Beckham Law — 24% flat tax on Spanish income for 6 years (unrelated to the now-closed investor visa). Investors should consult with qualified tax advisors to understand the full implications of Spain's tax regime on their specific financial situation, including any double taxation treaties with their country of origin.

Who Is This Program Best For?

The Spain Golden Visa is particularly well-suited for investors seeking European Union residency or citizenship with access to the Schengen Area, a high quality of life, and a stable investment environment.

Frequently Asked Questions

Are the investment amount and eligibility rules guaranteed to stay the same?

No. Investment migration rules, fees and qualifying routes can change. Check the official government source linked on this page before relying on any figure or timeline.

Does approval automatically make me a tax resident or citizen?

Not necessarily. Immigration status, tax residence and citizenship are separate legal questions. Obtain country-specific immigration and tax advice for your circumstances.