
Spanish Gov’t. Submits Amendment to Scrap Golden Visa – And Not Just for Real Estate
If adopted, the legislation would eliminate all forms of residence by investment in Spain, explains golden visa specialist Krista Victorio.

If adopted, the legislation would eliminate all forms of residence by investment in Spain, explains golden visa specialist Krista Victorio.

“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.

Spain’s new Startups Law, slated to take effect in January, will bring improvements for more than just digital nomads, writes Oriol Molas.

In 2019, the ex-president denied reports he had plans to leave Mexico for Spain. Records show he had changed his mind 18 months later.

Though the Ministry will only confirm the number in December, Spain likely approved its 13,000th golden visa in the second half of last year.

2022 no doubt holds a long list of surprises in store for the investment migration market. Here are seven changes we already know are coming.

Following a sharp drop in approvals in the second half of 2020 Spain’s golden visa volumes appeared to be rapidly recovering in H1 this year.

After a surprisingly strong first half of 2020, the pandemic appears to have caught up with Spain’s golden visa in the second half.

Though approval volumes were down across the board, the differences in performance varied sharply, from -4% to -92%.

Juan Antequera: Spanish naturalization is normally a 10-year process. Citizens of Spain’s former colonies, however, qualify in just two years.

Several hundred thousand UK citizens own homes in Spain, Portugal, and Greece worth enough to qualify for golden visas, retroactively.

Though things looked grim for Spain’s golden visa this summer, recently released figures show approvals are up 19% in the last six months. A uniquely Spanish rule intended to accelerate bureaucratic processes may be to thank for that.

“We have proposed to the Government to halve the amount of investment in housing,” says the head of the country’s developers’ association.

Figures from Spain’s Ministry of Labor shows the country’s golden visa program approved a record 1,422 main applicants in 2019, up from 1,188 last year.

While stakeholders in other investment migration countries promote their programs actively, the Spaniards don’t. Why, then, are they still so succcessful?