Golden Visa residency will be eliminated / سيتم إلغاء تأشيرة الذهبية
By: Antonio Villena
The President of the Government has been firm in this decision, and the process has begun to eliminate this concession that allows access to the residency scheme through a real estate investment of more than half a million euros. The European Union has requested all member countries to eliminate this due to concerns about money laundering, tax evasion, and corruption. Spain has taken a firm stance, eliminating the Golden Visa through a decree in the Council of Ministers. What will happen to those who already have been granted a residency? As long as they maintain their current residency, there will be no changes. However, it is important to pay attention to the decree to learn the details about possible modifications or criteria to follow once the residency expires. To stay informed about this topic, we invite you to subscribe to our newsletter and follow our social media channels. We will be providing timely updates on any developments regarding this matter. Best regards!