Spain · residence by investment (golden visa)
Spain residence visa for investors (golden visa, residence not citizenship)
Closed as of 3 April 2025
Residence route, not citizenship. Organic Law 1/2025 ended the investor residence visa with effect from 3 April 2025. Applications filed before that date may still be decided under the rules in force when they were filed, and existing permits stay valid for the period issued, according to KPMG.
Lowest stated minimumEUR 500,000real estate
Processing timeNot applicable, route closed.
Data checked28 October 2026
Investment routes
| Route | Minimum | Holding period | Notes |
|---|---|---|---|
| real estate2,3 | EUR 500,000 | Historical. Property investment per applicant. Route closed 3 April 2025. | |
| bonds2,3 | EUR 2,000,000 | Historical. Spanish government debt. Route closed 3 April 2025. | |
| business/enterprise2,3 | EUR 1,000,000 | Historical. Shares in Spanish companies. KPMG also lists EUR 1 million in investment funds. Route closed 3 April 2025. | |
| other2,3 | EUR 1,000,000 | Historical. Bank deposit in Spain. Route closed 3 April 2025. |
Rules
Legal basis
Law 14/2013, Articles 63 to 67 on investor residence, declared void by final provision twenty one of Organic Law 1/2025 of 2 January 2025
Due diligence
Not applicable, route closed.
Residence requirement
Not applicable, route closed.
Programme history
- Organic Law 1/2025 entered into force and the investor residence visa ended for new applications.1,2,3
- Organic Law 1/2025 was published in the Official State Gazette (BOE no. 3).1
- Organic Law 1/2025 on measures for the efficiency of the Public Justice Service was adopted. Its final provision twenty one declares Articles 63 to 67 of Law 14/2013 void.1,2
- Prime Minister Pedro Sanchez announced the abolition of the golden visa, as reported by The Local.3
Sources
- Agencia Estatal Boletin Oficial del Estado, Ley Organica 1/2025, de 2 de enero, de medidas en materia de eficiencia del Servicio Publico de Justicia (consolidated text) (3 January 2025) · official
- KPMG Abogados, Legal alert, elimination of the golden visa (January 2025)
- The Local Spain, Deadline to apply for Spain's golden visa set for April 2025 (3 January 2025)
Figures are the minimums and fees stated by the programme or its regulations on the date shown. Agents' fees and other costs are extra. This is not investment or immigration advice.