If a second home in the sun was on your bucket list, there has never been a better time to dive into the Spanish property market, as the Golden Visa programme officially closes on April 3, 2025. The sought-after residency option for non-EU nationals will accept applications until this date, leaving a shrinking window of opportunity to take advantage of this unique residency program.
What Is the Spanish Golden Visa?
The Spanish Golden Visa is a residency-by-investment program that grants non-EU nationals the right to live, work, and travel freely in Spain and across the Schengen Zone. The most popular route involves investing in Spanish real estate with a minimum value of €500,000. This programme also includes immediate family—spouses, dependent children, and parents—ensuring a smooth transition to life in Spain.
Why Is It Ending?
Since its introduction in 2013, the Golden Visa has been a popular pathway for international investors seeking a base in Europe. However, due to concerns about housing affordability and its impact on the property market, the Spanish government has decided to discontinue the scheme.
Why Apply Now?
Here’s why acting promptly is crucial:
1. Residency Benefits: Secure the right to live in Spain with no minimal time-in-country requirements. You merely need to visit once a year to renew your visa to ensure it remains valid
2. Family Inclusion: Extend the residency benefits to your family.
3. Schengen Travel: Enjoy free movement across 27 European countries in the Schengen Zone.
4. Path to Citizenship: Maintain your investment and you could apply for Spanish citizenship after 10 years.
How Long Does the Process Take?
Applications under the Golden Visa program are processed swiftly, with approvals granted in as little as 20 days. However, given the impending closure and the administrative demands leading up to the deadline, it’s advisable to begin the process well ahead of April 2025 to avoid any last-minute hiccups.
Don’t Miss Out!
This is your final opportunity to combine a smart investment with the exceptional lifestyle Spain offers. Marbella, with its world-class real estate market and thriving expat community, remains one of the most desirable locations for Golden Visa investors.
Contact Marbella Hills Homes today for expert guidance in securing your dream property and completing your Golden Visa application before time runs out. Don’t wait—your Spanish residency journey begins now.