As of April 3, 2025, the program of Golden Visa In Spain, the program will be officially eliminated. This program allowed non-EU citizens to obtain residency permits through significant investments in the country, such as the purchase of real estate with a minimum value of €500.000. The decision to abolish this program was formalized with the publication of Organic Law 1/2025 in the Official State Gazette on January 3, 2025, and came into effect three months after its publication.
Elimination of the Golden Visa
Following the elimination of the Golden Visa In Spain, foreigners interested in obtaining the Spanish nationality Those making investments must consider alternatives, as the direct route through significant investment has been eliminated.
It is important to note that investor visas and authorizations valid before April 3, 2025, will remain valid for the period for which they were issued. Renewal applications will be processed according to the regulations in effect on the date the initial authorization was granted.
How to obtain Spanish nationality without a Golden Visa?
We'll tell you how to obtain Spanish nationality if you are a foreigner through the currently available means.
1. Non-profit residency
This option allows foreigners to reside in Spain without engaging in any work or professional activities. While it doesn't require a specific investment, it is necessary to demonstrate sufficient financial means to support oneself during one's stay. After a period of legal and continuous residence, it is possible to apply for Spanish citizenship.
2. Visa for Entrepreneurs
Although the Golden Visa has been eliminated, Spain continues to offer options for those wishing to start business ventures. visa for entrepreneurs This visa is intended for foreigners who present an innovative and viable business plan with a positive socioeconomic impact on the country. It allows them to live and work in Spain, and after a certain period of legal residence, they may be eligible for citizenship.
3. Residence by Roots
Although it is not directly related to investment, the residence by roots It is an option for those who have resided in Spain continuously for a specific period and have established social and professional ties in the country. Once legal residency is obtained, the process for Spanish nationality can begin.
Additional considerations
- Residency RequirementsRegardless of the chosen route, it is essential to meet the requirements of legal and continuous residence in Spain before applying for nationality.
- Legal adviceGiven the complexity and possible updates to the regulations, it is strongly recommended to seek specialized legal advice to properly guide the process.
In summary, although the elimination of the Golden Visa has closed a direct route to obtaining Spanish nationality through investment, there are other alternatives that, meeting the established requirements, allow foreigners to achieve this goal.
