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MADRID (Reuters) -Spain will scrap its so-called "golden visa" programme granting residency rights to foreigners who make large investments in real estate in the country, Prime Minister Pedro ...
From the start of the golden visa scheme in 2013 until November 2022, Spain issued almost 5,000 permits, government figures show. An apartment complex under construction in Madrid in 2018 ...
In 2013, Spain introduced a Golden Visa for residency with an investment of €500,000 in unmortgaged real estate, €1,000,000 in Spanish companies, or €2,000,000 in Spanish government bonds. This visa is also available to people with a business project that will make a "significant" contribution to the Spanish economy. [30]
Spain's government said Monday it plans to scrap so-called “golden visas" that allow wealthy people from outside the European Union to obtain residency permits on investing more than half a ...
Spain and Greece have programs comparable to Portugal's Gold Visa program. [10] The terms and criteria for the Golden visa program has changed over time and the country has tightened the rules to obtain the visa by simply buying a property in the country. [11] [12]
Golden visas require investments of anywhere from $100,000 in Dominica up to £2,000,000 in the UK. The most common method for obtaining a golden visa is through the purchase of real estate with a minimum value. [41] Some countries such as Cyprus and Malta also offer golden passports to individuals if they invest a certain sum. [42]
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Spain accepted 478,990 new immigrant residents in just the first six months of 2022 alone. During these months, 220,443 people also emigrated from Spain, leaving a record-breaking net migration figure of 258,547. [8] More women than men chose to move to Spain during 2022; this is due to higher rates of emigration from Latin America. [8]
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