Spain Golden Visa Program

Program Overview 

Golden Visa
Spain

Discover more about Spain’s investor visa options

Spain Golden Visa Programme Has Now Closed

The Spanish Golden Visa programme officially closed in April 2025, following more than a decade of strong demand and thousands of successful investors. While this marks the end of an era, La Vida continues to offer a wide range of alternative Golden Visa and residency solutions across Europe and beyond — including Portugal, Greece, Italy, and more. Contact our expert team to explore your best Plan B options.

 

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Spanish Golden Visa Overview

Spain launched its golden visa programme in 2013. An investment of €500,000 in real estate will gain family residency. The Spanish investor visa can be renewed every two years. After five years it is possible to gain permanent residency and after ten years citizenship. It is not necessary to live in Spain to retain and renew the residency visa permit.

Euro

From $500,000 + costs

Real Estate Investment

Residential/
Commercial

Full Family-
Dependent children

Flexible. No minimum stay

EU Schengen Zone travel access

Spain Golden Visa Resources

Minimum investment of €500,000

Clean criminal record

Open to non-EU applicants

Full family residency

Dependent children

Dependent family members

No minimum stay requirement

No interview

No language test

Residency in EU country

EU Schengen zone travel

Citizenship 10Yr+ residency

 

Permanent Residency and Citizenship in Spain

It is possible to apply for permanent residency in Spain after living in the country for five years. Citizenship can be applied for after living full time for ten years. Although the temporary residency permit (the golden visa) can be easily renewed without living in the country, the route to both permanent residency and citizenship requires the investor and their family to reside in Spain. For this reason, the Spanish Golden Visa programme is popular with those applicants who either wish to reside full time in Spain or simply maintain a second residency in Europe but without a path to citizenship. Investors looking for potential European citizenship are advised to consider the Portugal Golden Visa programme which has a faster path to citizenship. Spain offers a two year fast-track path to citizenship for nationals from ex Spanish colonies, such as the Philippines and most Latin American countries.

 

How to get a Spanish Golden Visa

Following an investment of €500,000 into Spanish Real Estate the process for obtaining a Spanish golden visa is relatively straightforward and quick. Applicants, who will need to be non–EU residents, are required to have:

  • A clean criminal record
  • Sufficient funds and healthcare to cover their stay
  • No previous Schengen visa refusals

 

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Spanish Golden Visa Timeline

An overview and illustrative guide to the steps and approximate timelines involved in the Spanish Golden Visa application process. Please note these timelines can vary dependent on individual applications and any complexities involved.

1

Step1

First, contact La Vida for advice on Spain and other golden visa programmes to establish the most appropriate option for you and your family.

2

Step2

Visit Spain to view real estate options and select your investment appointing a lawyer to take care of the conveyancing on your behalf. Through Power of Attorney (POA) the purchase can be completed at the notary in your absence.

3

Step3

Once the real estate investment is complete you can then apply for the golden visa. This can be done in Spain or from your consulate and typically takes no more than one month for the initial one year temporary visa to be issued.

4

Step4

You are then able to visit Spain to complete the golden visa application and obtain the residency permit, which is issued initially for two years. This can be renewed every five years providing you maintain your investment.

Spanish Golden Visa through Property Investment

After reaching a low in 2015 Spanish property prices have been rising steadily from around €1450 sqm in 2015 to around €1700 sqm in 2022 achieving growth nationally of around 2% each year. However, prices remain below the peak of €2101sqm reached in 2008 and at today’s prices real estate in Spain may offer value going forward. An investment of €500,000 is required to apply for a golden visa. Investors needing our services may wish to check our procedure or read more detail for the golden visa programme in Spain.

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Other Spain Residency Visa Options

Spain offers several residency pathways outside of investment led programmes, aimed at individuals seeking residence for lifestyle, work, or retirement purposes. These visas are not investment based and generally come with tighter conditions, ongoing compliance requirements, and more limited long-term certainty compared to residency by investment programmes.

Spain Digital Nomad Visa

Spain’s Digital Nomad Visa is designed for non-EU nationals working remotely for foreign companies or clients. Applicants must demonstrate a minimum income double the national minimum wage (currently approximately €2,750 per month). Applicants must also hold private health insurance and maintain a clean criminal record. The visa is initially granted for up to 12 months, can be renewed subject to continued eligibility. Due to it’s short-term nature this visa is not appropriate for investors looking towards long term residency and wealth planning solutions.

Spain Non Lucrative Visa

The Non Lucrative Visa is intended for individuals who wish to reside in Spain without undertaking any local employment. It is commonly used by retirees or individuals with sufficient passive income. Applicants must demonstrate higher financial means, maintain full private health insurance, and hold a clean criminal record. Employment is not permitted under this visa, and holders are generally expected to spend significant time in Spain. This makes it less suitable for globally mobile individuals or families seeking flexibility and a strategic long term residency option.

Investors seeking stability, mobility, and a clearer long term framework typically favour established European golden visa programs such as Portugal and Italy.

 

Real Estate Investment Spain

A few examples of our real estate options for residency investment in Spain.

Hotel San Bas
Hotel San Bas
Hotel San Bas
Madrid, Spain
€500,000
Residency

NEW! Invest in this exciting new commercial asset in Madrid and receive a guaranteed buy-back and rental return.

Aparthotel, Property
View Investment
Spain Golden Visa Commercial Real Estate
Spain Golden Visa Commercial Real Estate
Spain Golden Visa Commercial Real Estate
Barcelona, Madrid, Spain
€500,000
Residency

NEW Guaranteed buy-back and up-front yield. A selection of commercial investment options in various locations across Spain.

Commercial, Property
View Investment
Montgo Villa Javea
Montgo Villa Javea
Montgo Villa Javea
Costa Blanca, Spain
€1,095,000
Residency

Four bedroom, three bathroom villa with stunning views of Mount Montgo, situated in Javea, Costa Blanca North.

Property, Villa
View Investment

Spain Golden Visa FAQ’s

We have listed below some of the frequently asked questions we receive regarding the Golden Visa in Spain. However it is impossible to cover everything in depth here. Please contact our advisors for further details.

Does Spain have a Golden Visa?

No, Spain officially ended its Golden Visa program on April 3, 2025. This program previously allowed non-EU investors to obtain residency through significant investments, notably in real estate.

How does the Spanish Golden Visa compare to the Portugal Golden Visa?

Portugal’s Golden Visa continues to be the top choice for global investors, looking for EU residency. Now Spain have closed their Golden Visa programme, the demand has shifted to Portugal. Portugal offers different approved fund investments, providing a pathway to residency and, eventually, citizenship.

Does Spain have a Digital Nomad Visa?

Yes, Spain introduced a Digital Nomad Visa in 2023, for non-EU/EEA citizens who wish to live in Spain while working remotely. The visa is initially valid for one year and can be renewed for up to five years. Applicants must demonstrate a monthly income and meet other requirements. Though this is not a long term option, investors who aim to look for a permanent solution should look to other countries’ golden visa programs.

How can Americans move to Spain?

Americans have several pathways to move to Spain:

Non-Lucrative Visa: For retirees or individuals with sufficient passive income. This visa does not permit employment in Spain.
Work Visa: For those with a job offer from a Spanish employer.
Student Visa: For individuals enrolled in educational programs.
Digital Nomad Visa: For remote workers employed by non-Spanish companies.
Each visa type has specific requirements, including proof of income, health insurance, and background checks.

Does Spain have an Investor Visa?

Spain’s Investor Visa, commonly known as the Golden Visa, closed on April 3, 2025. Previously, it allowed non-EU citizens to obtain residency through significant investments, such as purchasing real estate worth. Investors are now exploring alternative residency options, including Portugal’s Golden Visa program.

Citizenship and Residency by Investment Programmes

A selection of alternative residency and citizenship investment programs to consider.

Portugal Golden Visa

Portugal

From €500,000 + costs
Private Equity Investment
European Residency
EU Schengen Zone Travel
Apply Citizenship 5 years

Explore
Italy Golden Visa

Italy

From €250,000 + costs
Private Equity Investment
European Residency
EU Schengen Zone Travel
Apply Citizenship 10 years

Explore
Greece Golden Visa

Greece

Greece Golden Visa
€250,000 + costs
Real Estate Investment
European Residency
EU Schengen Zone Travel

Explore

Testimonials

How Can La Vida Help You?

La Vida has extensive experience of all the Golden Visa programmes in Europe. In addition to Spain we can advise on Portugal, Malta, Greece and Turkey. We also offer citizenship by investment options in the Caribbean.  La Vida has extensive global reach with our expert team having helped clients in over 160 countries worldwide.

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Why La Vida?

La Vida offers a choice of several golden visas programmes for investment in residency and citizenship

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