Spain•Europe

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Golden Visa (abolished April 3, 2025)

Work PR PathwayThis visa can lead to permanent residency, the right to live and work here indefinitely without renewing your visa.

Closed to new applications — April 3, 2025

Abolished April 3, 2025 under Organic Law 1/2025 (BOE Jan 3, 2025), which struck Articles 63–67 of Law 14/2013. All investment routes (real estate, public debt, shares) terminated. Existing holders retain validity; renewals processed under rules in force at time of original authorization.

At a Glance

Processing Time

4 weeks – 2 months

Application Fee

169.34 EUR

Stay Duration

1 year

Not renewable

No dependents

PR pathway

No job offer needed

Remote work not required

Official Information

Living in Spain

Cost of Living

25% cheaper than United States

Avg Salary€24,000

Quality of Life

186/200

Full Country Guide

Overview

Residence by investment requiring €500,000+ real estate. Program concluding April 2026.

Spain's Golden Visa (Investor Visa under Law 14/2013) offered residency to non-EU nationals who invested at least €500,000 in Spanish real estate, €2M in public debt, or €1M in company shares. The program was abolished on April 3, 2025, by Organic Law 1/2025, ending new applications under all investment routes.

The initial visa allowed 1 year of stay; the residence permit lasted 3 years, renewable for 5. No minimum physical presence was required. Spouses and children could join and work without restriction. Holders gained Schengen-area travel rights and a pathway to permanent residency.

This visa is ideal for high-net-worth non-EU investors who applied before April 3, 2025 and are managing renewals under the transitional rules.

Fee Breakdown

Administrative authorization fee (Modelo 790 Código 038)73.26 EUR

TIE card fee (Modelo 790 Código 012)16.08 EUR

Consular visa fee80 EUR

Stay & Extensions

Initial grant

1 year

Requirements

ELIGIBILITY REQUIREMENTS

Program abolished effective April 3, 2025.

No new applications accepted after the cutoff date.

Existing holders retain validity until the expiration of their current permit.

Renewals for existing holders are subject to transitional rules.

Historical requirement: €500,000+ investment in Spanish real estate (excluding taxes/loans).

KEY CRITERIA

Min. Income

28,800 EUR/yr

Investment

500,000 EUR

REQUIRED DOCUMENTS

N/A for new applicants.

For existing holders: proof of maintained investment, valid health insurance, and criminal record checks for renewals.

Advantages & Considerations

Key Benefits

Historical: Right to live and work in Spain.
Historical: Visa-free travel within the Schengen Area.
Historical: Ability to include family members in the application.
Historical: No minimum stay requirement to maintain residency.

Worth Knowing

The program is officially repealed.
Investors should seek alternative residency routes (e.g., Non-Lucrative Visa, Digital Nomad Visa, or Entrepreneur Visa).
Consult with a legal professional regarding the status of any pending or renewal applications.

Application Process

Applications are no longer being accepted as of April 3, 2025.

For those who applied before the deadline: monitor the status of the pending application through the UGE (Large Companies Unit).

For existing holders: follow standard renewal procedures as defined by the transitional legislation.

Verified Claims (24)

Last verified May 31, 2026

Application Steps

Applications are no longer being accepted as of April 3, 2025.; For those who applied before the dea…

one.gob.es

Discontinued Note

Abolished April 3, 2025 under Organic Law 1/2025 (BOE Jan 3, 2025), which struck Articles 63–67 of L…

one.gob.es

Fee Breakdown

Administrative authorization fee (Modelo 790 Código 038): 73.26 EUR; TIE card fee (Modelo 790 Código…

expinterweb.inclusion.gob.es

Fees

EUR 73.26 (administrative authorization fee) + EUR 16.08 (TIE card) if applying from within Spain, o…