What is Spain’s Golden Visa?
Spain’s Golden Visa, launched in 2013 under Law 14/2013, is a residency-by-investment program for non-EU nationals. It grants residency through significant investments—most commonly €500,000 in real estate—offering visa-free Schengen travel and a path to citizenship after 10 years. As of March 6, 2025, this program is in its final days, set to end on April 3, 2025, due to housing market concerns raised by the Spanish government.
With only weeks left, this guide provides an urgent, actionable roadmap to apply before the deadline. Act fast—applications must be submitted by April 1, 2025, at Spanish consulates (e.g., via BLS) to be processed under current rules. Here’s how to secure your residency in Spain!
Who Qualifies for Spain’s Golden Visa?
Non-EU nationals over 18 can apply until April 3, 2025. Key requirements include:
Core Requirements
- Minimum investment (e.g., €500,000 in real estate, €1M in company shares, or €2M in public debt).
- Clean criminal record (past 5 years, home country, and any residence).
- Valid health insurance covering Spain.
- Sufficient funds to support yourself and dependents (e.g., €31,752/year for the main applicant).
- Not listed as undesirable in Spain or Schengen.
Proof Needed
- Investment proof (e.g., property deed, fund subscription).
- Passport, criminal record certificate (apostilled/translated), insurance policy.
- Bank statements showing financial means.
Investment Options in 2025
Until April 3, 2025, these options remain valid:
- Real Estate: €500,000 (net, excluding taxes/mortgages) in any Spanish property.
- Financial Investments: €1M in Spanish company shares/funds or bank deposits.
- Public Debt: €2M in Spanish government bonds.
- Business Projects: Job-creating ventures deemed of “general interest” (no fixed amount).
Step-by-Step Application Process
Time is critical—here’s how to apply before the April 3, 2025, cutoff:
- Choose & Make Investment: Finalize your investment (e.g., sign property contract, transfer funds) by mid-March 2025.
- Gather Documents: Passport, investment proof, criminal record (legalized), insurance, financial evidence, NIE (if possible).
- Submit Application: Book an appointment at your local Spanish consulate by March 20, 2025. Submit by April 1 (BLS deadline). Fee: ~€90.
- Visit Spain: Enter Spain within 3 months of visa issuance for biometrics (TIE card issuance, ~€15-€20).
- Await Approval: Processing takes 10-20 days (up to 30 if additional docs needed). Must conclude pre-April 3.
- Maintain: Initial visa lasts 1 year; renew for 2 years, then 5-year increments if investment is kept.
Urgent Tip: Start now—consulate slots fill fast, and legalization takes time!
Costs of Spain’s Golden Visa
Budget for these in 2025:
- Investment: €500,000+ (e.g., real estate + 6-10% taxes).
- Application Fee: €90 per person.
- TIE Card: €15-€20.
- Legal/Translation Fees: €1,000-€5,000 (varies).
- Total Initial Cost: €510,000-€520,000+ (excluding investment).
Expert Tips for Success
- Act Immediately: Visit Spain by March 20, 2025, for NIE and biometrics if possible.
- Hire Experts: Use a lawyer (€2,000-€5,000) to expedite and ensure compliance.
- Pre-Legalize Docs: Apostille and translate documents now—takes 1-2 weeks.
- Secure Funds: Transfer investment money to a Spanish account ASAP.
- Plan Post-Approval: No minimum stay required, but 183 days/year triggers tax residency.
Frequently Asked Questions (FAQs)
1. When does the program end?
April 3, 2025—last applications due April 1 at consulates.
2. Can I include family?
Yes—spouse, kids under 18, dependent parents (extra financial proof needed).
3. How fast is processing?
10-20 days, but start now to meet the deadline.
4. Can I get citizenship?
Yes, after 10 years of residency (or 2 for ex-colony nationals).
References & Resources
- Spanish Ministry of Foreign Affairs - Official updates.
- Global Citizen Solutions - Visa details.
- Golden Visas - Investment options.
Apply Before It’s Too Late!
Spain’s Golden Visa ends April 3, 2025—start your application now!
Contact Consulate