Spanish visa

Spain's Golden Visa has been a major attraction for foreign investors for years, offering them the opportunity to obtain residency in the country in exchange for a significant investment. However, its future is now in question, with the government announcing it is to be withdrawn a few days ago.

Many countries in Europe - and the rest of the world - are questioning the residency permits granted to foreign nationals for investing in a property or other options. "Golden visas" gained popularity during the European debt crisis, and a decade later the United Kingdom, Ireland, the Netherlands, Portugal, Greece and Malta have ended or tightened the rules regarding their residency permit for investment schemes. Spain has now joined this group, but there are still countries that continue to provide residency for investors.

The Council of Ministers approved removing golden visas for foreigners investing over €500,000 in housing, just one day after the President Pedro Sánchez, announced the decision. idealista/news speaks with Spain's main luxury real estate agents to see what they think. They believe that, although it is a blow for the sector, since it removes an appealing option in some cases, they expect limited damage, since most foreign investors do not invest in Spain to obtain a residence permit. Furthermore, only 0.1% and 0.5% of homes sold to foreigners from 2016 to 2023 received golden visas.

The President of the Government, Pedro Sánchez, has announced that the next Council of Ministers this Tuesday will address removing the Golden Visa for foreigners who invest more than €500,000 in properties. During an event on housing in Dos Hermanas (Seville), Pedro Sánchez explained that the Coun

Spain is the second most visited country in the world, with over 84 million tourists every year. It’s a beautiful country to visit, or live in. Gorgeous weather, great food, affordable prices, great amenities, and ultra-low taxation in some regions of Spain appeal to foreigners at large.

Attaining a Golden Visa is one of the most popular methods to acquire a visa and acquire the right to remain and live in Spain (legally).

What is the Golden Visa in Spain? The Golden Visa in Spain, also known as the residence visa for investors, is a temporary permit given to individuals who are not citizens of the European Union (EU) and their families.

In the wake of the 2008 global financial crisis, more than a dozen European countries tried to plug budget deficits with programmes that included home purchases.

The new Digital Nomad Visa (DNV) offers unique tax advantages that no other Spanish visa can match. Its main outlier - and what distinguishes from other available visas - is precisely the wide array of tax benefits it offers.

Spain’s Digital Nomad Visa (DNV) was approved on the 23rd of December 2022. The DNV is extensive to family members i.e. spouse and children under the age of 18 years old.It allows you to work remotely from Spain i.e. teleworking. The main advantage of a DNV is its taxation.

In a nutshell, the Digital Nomad Visa (DNV, going forward) introduces great tax breaks (for both employers and employees), streamlines the visa procedure (reducing waiting times), it allows for greater freedom, and most fundamentally reduces the admin control on applicants This visa is tailor made

Spain stands as the second most visited country in the world with over 84 million visitors every year. I won’t go into what makes living in Spain so appealing as it would take me weeks to do a write up! Besides, it’s off the point. What matters is that it’s a beautiful country to get lost in.

Spain has become Europe’s leading Golden Visa supplier. Thousands of non-EU nationals, and their families, have attained a coveted Golden Visa since its inception in 2013.

In 2019, Spain granted 681 "golden visas" to foreigners who paid more than 500,000 euros for the purchase of one or more real estate assets, according to data collected by one of Spain's main newspapers, El País. This figure is a record for the country.

The Brexit deadline has been postponed and we won't start feeling the effects of Brexit in too many ways until after the exit date, which will be either 22nd May 2019 or some time before 31st October 2019.

Sunny Spain is still one of the most popular countries for people to retire to.