SUSPENDED as of April 3, 2025 -- Real estate and financial investment-based residence visa; no new applications accepted.
Estimated Cost
$605,000
Processing Time
~1 months
Validity
24 months
Spain's Golden Visa program (Law 14/2013) provided residence permits to non-EU investors who made qualifying investments in Spain, most commonly through real estate purchases of $540,000+. The program was active from 2013 to 2025 and granted approximately 15,300 main applicants and ~35,000 total family members residence rights. The program was terminated under Organic Law 1/2025, published January 3, 2025, which entered into force April 3, 2025. Existing visa holders may continue to renew under grandfathering provisions. Top recipients in 2023 included China (2,712), Russia (1,159), Iran (203), US (179), and UK (177).
Average: 1 months
Path to Residency
Path to Citizenship
~10 years
Real estate investment >= $540,000*
Primary route; property must be unencumbered. PROGRAM CLOSED -- historical requirement.
Criminal background check*
Health insurance*
Proof of investment*
At least one visit to Spain per permit period*
Optional
OR Spanish public debt investment >= $2,170,000
Alternative route. PROGRAM CLOSED -- historical requirement.
OR Shares/stakes in Spanish companies >= $1,085,000
Alternative route. PROGRAM CLOSED -- historical requirement.
| Fee | Amount | Type |
|---|---|---|
| Residence permit application fee | $80 | Recurring |
| Visa application fee | $190 | One-time |
| Real estate purchase costs (taxes, notary, registry) | $65,000 | One-time |
| Estimated Total | $605,000 |