In 2025, Spain officially eliminated the popular Golden Visa program, a move that has raised many questions for those considering residency in Spain through real estate investment. Whether you’re already a Golden Visa holder or were planning to apply, here’s everything you need to know — clearly and up to date.

What Is (or Was) the Golden Visa?

The Golden Visa was a special residency permit introduced in 2013 for non-EU citizens who invested in Spain — most commonly by purchasing real estate worth €500,000 or more. It allowed holders to live and work in Spain, travel freely across the Schengen Area, and apply for permanent residency after five years.

When and Why Was It Eliminated?

In April 2024, the Spanish government announced plans to cancel the Golden Visa, and the decision became effective in early 2025. The main reason behind the change is to address rising housing prices and speculation, especially in large cities like Barcelona and Madrid, where local residents are increasingly being priced out of the market.

Who Is Affected by This Change?

The cancellation specifically affects new applications based on real estate investment. This means:

• You can no longer apply for a Golden Visa by purchasing property in Spain.

   

   

• Other residency paths remain active (e.g., work permits, Digital Nomad Visa, family reunification, etc.).

   

   

• Investment in Spanish businesses, startups, or public debt may still allow for residency options under different regulations, but not through the Golden Visa route.

   

   

What Happens If You Already Have a Golden Visa?

Good news: if you already hold a valid Golden Visa, you will not lose your residency.

• You can renew your permit as long as you continue to meet the requirements (such as keeping your investment).

   

   

• The elimination does not apply retroactively, so current holders are protected under the previous law.

   

   

• However, if you planned to bring family members or apply for the visa for the first time now, this is no longer possible through property investment.

Alternatives to the Golden Visa

If you were planning to move to Spain, don’t worry — there are still plenty of legal and flexible options to live in the country:

• Digital Nomad Visa – for remote workers or freelancers.

   

   

• Entrepreneur Visa – for those launching innovative businesses.

   

   

• Non-Lucrative Visa – for retirees or people with independent income.

   

   

• Family Reunification – to join relatives legally residing in Spain.

   

   

Each path has its own requirements, but many are less expensive and more accessible than the former Golden Visa.

Need Help Navigating Your Options?

Whether you’re a current Golden Visa holder or exploring new ways to move to Spain, Entre Trámites are here to support you. Entre Trámites offer personalized immigration advice to help you choose the best option based on your goals and legal status.

Schedule a consultation with their team today and let them guide you step-by-step through the right path to live in Spain legally and stress-free.

Feeling overwhelmed by the changes? Navigating immigration shifts while managing life abroad can be stressful. If you’re feeling anxious, lost, or in need of emotional support as you rethink your move or settle into Spain, Therapy in Barcelona is here to help. Our experienced international therapists offer online or in-office support tailored to expats like you.

Book a free discovery call today and get the support you deserve.