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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 ...
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 ...
The EB-5 visa program, which is also called as the Golden Visa program, requires applicants to invest between US$900,000 and US$1.8 million, depending on the location of the project, and requires at least 10 jobs to be either created or preserved. [40] [41] There is an annual cap of 10,000 applications under the EB-5 program. [42]
Spain is to stop giving residency to foreigners who make large investments in real estate so that property will be more affordable to locals, its prime minister says. Spain to scrap ‘golden ...
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]
According to the United Nations, there were 5,947,106 immigrants in Spain in early 2018, 12.8% of the population of Spain. [12] According to the Spanish government, there were 5.6 million foreign residents in Spain in 2010; independent estimates put the figure 14% of total population (Red Cross, World Disasters Report 2006).
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Visa requirements for Spanish citizens are administrative entry restrictions by the authorities of other states placed on citizens of Spain.. As of 2025, Spanish citizens have visa-free or visa on arrival access to 192 countries and territories, ranking the ordinary Spanish passport 3rd in terms of travel freedom (tied with France, Germany, Italy, and Japan) according to the Henley Passport Index.
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