Aiming to End Golden Visas, Spain Also Considers Legalizing Half a Million Illegal Immigrants
“A few hundred golden visas a year can hardly affect a real estate market that sees almost a million transactions annually,” writes Jacinto Soler Matutes.
The Spain Golden Visa allows those who invest at least EUR 500,000 in real estate on the open Spanish property market to qualify for residence permits in Spain.
Spain imposes no limitations on the type or location of the property. All properties listed below are eligible investments under the Spanish Golden Visa program.
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“A few hundred golden visas a year can hardly affect a real estate market that sees almost a million transactions annually,” writes Jacinto Soler Matutes.
PM Sánchez says he is taking “measures to guarantee that housing is a right and not a mere speculative business.”
Sources say the government is considering two options: Higher real estate investment minimums, or no real estate option at all.
Más País proposes a reform that “guarantees an effect on the real economy without distorting the real estate market in Spain.”
Many Spanish speakers in Latin America assume their European foothold should start in Spain. For most, however, Portugal is a better option.
In an interview with IMI, Orience’s Krista Victorio says she thinks application volume for the Spanish golden visa is poised to take off.
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