Spanish Govt. Mulls Whether to Raise Golden Visa Real Estate Minimums or Disqualify Property Investments Altogether
El País today reports that the Spanish government is considering higher minimum investment requirements for its golden visa program. Scrapping the real estate option altogether is not off the table either.
Sources at the Ministry of Inclusion, Social Security, and Migration revealed to El País that analyses of the program had determined the current EUR 500,000 minimum investment requirement for the program’s real estate option had become obsolete and was too low, particularly for the country’s major cities, where properties in this price class no longer fall into the “luxury” segment.
The government is in negotiations on the matter with the Ministries of Economy and Transport, as well as with Más País, a left-wing party with a handful of congressional seats that in February submitted a draft bill that sought to close the program’s real estate option, which it argues has contributed to upward pressure on property prices.
Más País and its founder-leader, Iñigo Errejón, have since failed twice to garner legislative support for their proposal but say they are maintaining “direct and fluid” channels of communication open with the government on the topic.
“Everything is open, and we are going to explore legal avenues for this,” a source at Más País told El País.
Meanwhile, a spokesperson with the Ministry of Economy says it is open to discussing the matter but that negotiations are still in their early stages.
The government, according to sources intimately familiar with the negotiations speaking to El País, is actively considering two options:
The first option is to bring the minimum investment requirement for real estate more in line with the program’s other options (bank deposits and business investments), i.e., to a minimum of at least EUR 1 million. The second is to remove the real estate option altogether and redirect investment into “more productive” investments.
IMI Pros who can help with the Spain Golden Visa
. | Name | Expert based in | Areas of expertise | Program you'd like help with | Service language(s) | Get Started |
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Adriano Vieira | 🇵🇹 Lisbon | Portugal Golden Visa Portugal D7 Visa Portugal HQA Visa | English, Spanish, French, Portuguese | |||
Alex Ingrim | 🇮🇹 Florence | Residence and Citizenship by Investment, International Tax and Wealth Planning | Greece Golden Visa Italy Elective Residency Visa Italy Investor Visa Malta Permanent Residence Program Portugal Golden Visa Spain Golden Visa Spain Non-Lucrative Visa United States EB-5 | English | ||
André Gonçalves | 🇦🇪 Dubai | Residence and Citizenship by Investment | Antigua & Barbuda CIP Greece Golden Visa Grenada CIP Malta MEIN Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Vanuatu DSP/REO/VCP | English, Portuguese | ||
Ariane Real | 🇵🇹 Lisbon | Portugal Golden Visa Portugal D7 Visa Portugal HQA Visa | English, Spanish, Portuguese | |||
Calvin Mazlumyan | 🇺🇸 Los Angeles | Antigua & Barbuda CIP Canada Startup Visa Dominica CIP Greece Golden Visa Grenada CIP Italy Investor Visa Malta MEIN Malta Permanent Residence Program Philippines Special Investor Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Singapore Entrepass Spain Golden Visa Thailand Elite Residence Program Turkey CIP UAE Golden Visa UK Startup/Innovator Visa United States E2 Visa United States EB-5 Vanuatu DSP/REO/VCP | English, French, Spanish, Turkish | |||
Christina Georgaki | 🇬🇷 Thessaloniki | Greece Golden Visa; Greece FIP | English, Greek | |||
David Lesperance | 🇵🇱 Gdynia | Citizenship by Descent, Residence and Citizenship by Investment, US Expatriation, International Tax and Wealth Planning, Family Office Advisory | Antigua & Barbuda CIP, Dominica CIP, Grenada CIP, Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Bahamas Economic Permanent Residence Cayman Islands Investor Visa Cyprus Golden Visa Greece Golden Visa Latvia Investor Visa Malta Permanent Residence Program New Zealand Investor Visa Panama Qualified Investor Visa Portugal Golden Visa Spain Golden Visa Austria Independent Means Visa Gibraltar Category 2 HNWI Residence Greece FIP Visa Ireland Independent Means (Stamp 0) Italy Elective Residency Visa Jersey High Value Residency Portugal D7 Visa Canada Startup Visa Panama Business Investor Visa UK Startup/Innovator Visa Hungarian Citizenship by Descent Irish Citizenship by Descent Italian Citizenship by Descent Latvian Citizenship by Descent Polish Citizenship by Descent | English | ||
Ekaterina Mavrenkova | 🇨🇭 Zürich | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cayman Islands Investor Visa Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa United States EB-5 | English, Russian | |||
Elena Ruda | 🇦🇹 Vienna | Andorra Residence Without Lucrative Activity Antigua & Barbuda CIP Austria Independent Means Visa Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Italy Investor Visa Malta MEIN Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Spain Golden Visa Turkey CIP UAE Golden Visa United States EB-5 Vanuatu DSP/REO/VCP | English, Russian, German | |||
Eric G. Major | 🇬🇧 London | Citizenship by Descent, Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Anguilla Permanent Residency Program Australia BIIP Investor Streams Cayman Islands Investor Visa Colombia Investor Visas M and R Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa Germany Self-Employment Visa Guernsey Investor & Entrepreneur Residency United States EB-5 | English, French | ||
Geoffrey DuBoulay | 🇱🇨 Saint Lucia | Residence and Citizenship by Investment | Saint Lucia CIP | English | ||
George Ganey | 🇺🇸 Washington DC | Residence and Citizenship by Investment | United States EB-5 United States E2 Visa | English, Spanish, Catalan | ||
Güvenç Ketenci | 🇹🇷 Istanbul | Residence and Citizenship by Investment | Antigua & Barbuda CIP, Dominica CIP, Grenada CIP, Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cyprus Golden Visa Greece Golden Visa Malta Permanent Residence Program Portugal Golden Visa UK Startup/Innovator Visa United States EB-5 United States E2 UAE Golden Visa Austria Independent Means Visa Monaco Carte de Séjour Vanuatu DSP/REO/VCP | English, Turkish | ||
Hakan Cortelek | 🇹🇷 Istanbul | Citizenship by Descent, Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cayman Islands Investor Visa Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa United States EB-5 | English, Turkish | ||
Hannah Ma | 🇸🇬 Singapore | Residence and Citizenship by Investment | Antigua & Barbuda CIP Australia BIIP Investor Streams Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Malaysia M2H Visa Malta MEIN Malta Permanent Residence Program Portugal D7 Visa Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Singapore Entrepass South Korea Investor Visa Spain Golden Visa Spain Non-Lucrative Visa Thailand Elite Residence Program Turkey CIP UAE Golden Visa UK Startup/Innovator Visa United States E2 Visa United States EB-5 Vanuatu DSP/REO/VCP | English, Chinese | ||
Imad Elbitar | 🇹🇷 Istanbul | Andorra Residence Without Lucrative Activity Antigua & Barbuda CIP Austria Independent Means Visa Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Italy Investor Visa Malta Permanent Residence Program Nicaragua Investor PR Nicaragua Pensionado and Rentista Visas Panama Business Investor Visa Panama Qualified Investor Visa Panama Rentista Retirado Visa Paraguay Permanent Residency Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Spain Golden Visa Turkey CIP UAE Golden Visa United States EB-5 Uruguay Independent Means Visa Vanuatu DSP/REO/VCP | English, Arabic, German | |||
Jasmin Lopez | 🇲🇽 Mexico City | Andorra Residence Without Lucrative Activity Antigua & Barbuda CIP Austria Independent Means Visa Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Italy Investor Visa Malta Permanent Residence Program Nicaragua Investor PR Nicaragua Pensionado and Rentista Visas Panama Business Investor Visa Panama Qualified Investor Visa Panama Rentista Retirado Visa Paraguay Permanent Residency Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Spain Golden Visa Turkey CIP UAE Golden Visa United States EB-5 Uruguay Independent Means Visa Vanuatu DSP/REO/VCP | English, Spanish | |||
Kemal Nicholson | 🇦🇪 Dubai | Antigua & Barbuda CIP Dominica CIP Grenada CIP Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP UAE Golden Visa | English | |||
Kevin Hosam | 🇦🇬 Antigua & Barbuda | Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Anguilla Permanent Residency Program Australia BIIP Investor Streams Bahamas Economic Permanent Residence Barbados SERP Program Bermuda Economic Investment Certificate (EIC) Program Cayman Islands Investor Visa Colombia Investor Visas M and R Greece Golden Visa Latvia Investor Visa Malta Permanent Residence Program New Zealand Investor Visa Philippines Special Investor Residence Permit Portugal Golden Visa Spain Golden Visa Barbados Welcome Stamp Paraguay Permanent Residency Program Uruguay Independent Means Visa Andorra Residence Without Lucrative Activity Cambodia My 2nd Home Canada Startup Visa Cyprus Golden Visa Malaysia M2H Visa Monaco Carte de Séjour Panama Business Investor Visa Panama Qualified Investor Visa Panama Rentista Retirado Visa Vanuatu DSP/REO/VCP | English | ||
Laszlo Kiss | 🇲🇹 Malta | Antigua & Barbuda CIP, Dominica CIP, Grenada CIP, Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cyprus Golden Visa Greece Golden Visa Malta Permanent Residence Program Portugal Golden Visa UK Startup/Innovator Visa United States EB-5 United States E2 UAE Golden Visa Austria Independent Means Visa Monaco Carte de Séjour Vanuatu DSP/REO/VCP | English, Hungarian | |||
Matías Apparcel | 🇨🇱 Santiago | Residence and Citizenship by Investment | Portugal Golden Visa Portugal D7 Visa Portugal HQA Visa | English, French, Spanish, Portuguese | ||
Melvin Warshaw | 🇺🇸 Boston | Residence and Citizenship by Investment, International Tax and Wealth Planning, US Expatriation | United States EB-5 United States E2 | English | ||
Mona Shah | 🇺🇸 New York | Residence and Citizenship by Investment | Antigua & Barbuda CIP Grenada CIP Portugal Golden Visa Saint Kitts & Nevis CIP Turkey CIP UK Startup/Innovator Visa United States EB-5 | English | ||
Natalie Fridlender | 🇻🇳 Saigon (HCMC) | Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cayman Islands Investor Visa Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa Russia Golden Visa | English, Russian | ||
Nicolas Salerno | 🇵🇹 Lisbon | Residence and Citizenship by Investment | Antigua & Barbuda CIP Canada Startup Visa Cyprus Golden Visa Dominica CIP Greece Golden Visa Grenada CIP Malta MEIN Malta Permanent Residence Program Monaco Carte de Séjour Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP UAE Golden Visa United States EB-5 | English, French, Spanish | ||
Paul Williams | 🇬🇧 London | Antigua & Barbuda CIP, Dominica CIP, Grenada CIP, Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Cyprus Golden Visa Greece Golden Visa Malta Permanent Residence Program Portugal Golden Visa UK Startup/Innovator Visa United States EB-5 Spain Golden Visa Vanuatu DSP/REO/VCP Canada Startup Visa | English | |||
Peter Dunn | 🇿🇦 Johannesburg | Residence and Citizenship by Investment | Vanuatu DSP/REO/VCP | English | ||
Philippe May | 🇸🇬 Singapore | Citizenship by Descent, Residence and Citizenship by Investment, International Tax and Wealth Planning | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Anguilla Permanent Residency Program Australia BIIP Investor Streams Bahamas Economic Permanent Residence Barbados SERP Program Bermuda Economic Investment Certificate (EIC) Program Cayman Islands Investor Visa Colombia Investor Visas M and R Greece Golden Visa Latvia Investor Visa Malta Permanent Residence Program New Zealand Investor Visa Philippines Special Investor Residence Permit Portugal Golden Visa Spain Golden Visa Barbados Welcome Stamp Paraguay Permanent Residency Program Uruguay Independent Means Visa Andorra Residence Without Lucrative Activity Cambodia My 2nd Home Canada Startup Visa Cyprus Golden Visa Malaysia M2H Visa Monaco Carte de Séjour Panama Business Investor Visa Panama Qualified Investor Visa Panama Rentista Retirado Visa Vanuatu DSP/REO/VCP | English, German, Chinese | ||
Rogelio Caceres | 🇺🇸 Miami | Bahamas Economic PR Canada Startup Visa Cayman Islands Investor Visa Costa Rica Investor Visa Czech Citizenship by Descent Hungary Citizenship by Descent Ireland Citizenship by Descent Italy Citizenship by Descent Latvia Citizenship by Descent Panama Qualified Investor Visa Poland Citizenship by Descent Portugal D7 Visa Singapore Entrepass Slovak Citizenship by Descent Spain Golden Visa Spain Non-Lucrative Visa UAE Golden Visa UAE Golden Visa United States E2 Visa United States EB-5 | English, Spanish | |||
Sam Bayat | 🇦🇪 Dubai | Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Grenada CIP Saint Kitts & Nevis CIP Saint Lucia CIP Turkey CIP Malta MEIN Australia BIIP Investor Streams Cayman Islands Investor Visa Greece Golden Visa Malta Permanent Residence Program New Zealand Investor Visa Portugal Golden Visa Spain Golden Visa Canada Startup Visa United States EB-5 | English, French, Farsi | ||
Slava Apel | 🇨🇦 Toronto | Residence and Citizenship by Investment | Canada Startup Visa | English, Russian, Romanian | ||
Troy Neel | 🇻🇺 Vanuatu | Residence and Citizenship by Investment | Vanuatu DSP/REO/VCP | English | ||
Vito Magagnino | 🇨🇭 Zürich | Residence and Citizenship by Investment | Antigua & Barbuda CIP Austria Independent Means Visa Germany Self-Employment Visa Greece Golden Visa Grenada CIP Malta MEIN Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP UAE Golden Visa UK Startup/Innovator Visa United States EB-5 Vanuatu DSP/REO/VCP | English, German, Italian | ||
Zaid Aldayriyeh | 🇦🇪 Dubai | Residence and Citizenship by Investment | Antigua & Barbuda CIP Dominica CIP Greece Golden Visa Grenada CIP Malta MEIN Malta Permanent Residence Program Portugal Golden Visa Saint Kitts & Nevis CIP Saint Lucia CIP Spain Golden Visa Turkey CIP UAE Golden Visa United States EB-5 Vanuatu DSP/REO/VCP | English, Arabic | ||
Name | Expert based in | Areas of expertise | Program you'd like help with | Service language(s) |