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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 will scrap 'golden visas' that allow wealthy non-EU residents to stay if they buy real estate 04/08/2024 15:11 -0400 MADRID (AP) — 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 million euros ...
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'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 ...
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 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]
Spain, [f] officially the Kingdom of Spain, [a] [g] is a country in Southwestern Europe with territories in North Africa. [ 12 ] [ h ] Featuring the southernmost point of continental Europe , it is the largest country in Southern Europe and the fourth-most populous European Union member state.
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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