
Spain Golden Visa
At a Glance
- closedLey Orgánica 1/2025, final provision 21, ended every investor route from April 3, 2025; applications filed before that date follow the old rules · all investor routes (real estate, public debt, shares or funds, bank deposits, business projects)
- €500,000 one-timeProperty purchase per applicant under the repealed art. 63.2.b; other former routes: EUR 2 million in public debt, EUR 1 million in shares, funds or deposits · former applicants only
- Existing investor visas and authorizations keep their validity, and renewals are decided under the rules in force when the initial authorization was granted (five-year renewals under the 2022 to 2025 rules).Ley 14/2013 transitional provision 2, added by LO 1/2025 · holders of investor visas or authorizations valid on April 3, 2025
Spain's golden visa was a residence route for non-EU investors created by Ley 14/2013. Every investor route closed to new applicants on April 3, 2025.
The best-known route required buying property in Spain worth at least €500,000 per applicant. Other routes required €2 million in Spanish government debt or €1 million in Spanish company shares, investment funds or bank deposits. A business project of general interest also qualified.
Ley Orgánica 1/2025, a law on the efficiency of Spain's public justice service, repealed the investor articles of Ley 14/2013 (articles 63 to 67). The law was published Jan. 3, 2025. The investor change took effect three months later, on April 3, 2025.
Current options are compared in the Spain guide. Applicants who plan to live on savings or passive income can look at the non-lucrative visa, which requires proof of means rather than an investment. Founders can look at the entrepreneur residence.
No new applicant can qualify. Applications filed before April 3, 2025, are still decided under the rules in force on the filing date.
There's no current document list because the program accepts no new applications. Renewal rules for existing holders are in the Duration & Renewal section.
No fee or investment amount applies to new applicants. The former thresholds in the overview are for reference only.
New applications aren't accepted. For alternatives, see the Spain guide.
Existing investor visas and authorizations keep their validity, and renewals are decided under the rules in force when the initial authorization was granted (five-year renewals under the 2022 to 2025 rules).
Investors or relatives who applied before the cutoff can still receive their visa or authorization under the rules in force when they applied.
The closure changed immigration eligibility, not tax rules.
A person who spends more than 183 days in Spain in a calendar year, counting sporadic absences, is tax-resident there. So is anyone whose main base of activities or economic interests is in Spain. The tax agency applies the status to the whole calendar year.
Frequently Asked Questions
Is Spain's golden visa still open?
No. Every investor route, including real estate, closed to new applicants on April 3, 2025.
What happens to existing golden visa holders?
Existing investor visas and authorizations keep their validity, and renewals are decided under the rules in force when the initial authorization was granted (five-year renewals under the 2022 to 2025 rules).
What if an application was filed before the closure?
It's decided under the rules in force on the filing date.
What are the alternatives to the golden visa?
Applicants who plan to live on savings or passive income can look at Spain's non-lucrative visa. Founders can look at the entrepreneur residence. The Spain guide compares all current options.
How It Compares
More Spain programs
| Program | Country | Income | Fee | Max stay | Renewable |
|---|---|---|---|---|---|
| Spain Digital Nomad Visa | Spain | €2,442/mo | €73 | 12 mo | |
| Spain Entrepreneur Residence (Startup Law) | Spain | €2,442/mo | $94 | 36 mo | |
| Spain Family Reunion Visa | Spain | €900/mo | $106-140 | 12 mo | |
| Spain Freelance (Self-Employed) Visa | Spain | - | - | 12 mo | - |
| Spain Non-Lucrative Visa | Spain | €2,400/mo | - | 12 mo |
Similar visas elsewhere
| Program | Country | Income | Fee | Max stay | Renewable |
|---|---|---|---|---|---|
| Egypt Citizenship by Investment | Egypt | $250,000 saved | $10,000 | - | |
| Antigua and Barbuda Citizenship by Investment | Antigua and Barbuda | - | $10,000 | - | - |
| Malta Permanent Residence Programme (MPRP) | Malta | €375,000 saved | €60,000 | 60 mo | |
| Dominica Citizenship by Investment | Dominica | $200,000 saved | $1,000 | - |
Spain Digital Nomad Guide
Cost of living, internet, healthcare, coworking, and every visa option for Spain.
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