Could you please enlighten me on the current availability of the Spain Golden Visa? I've heard rumors that it might have been discontinued or undergone some changes. Is it still a viable option for individuals seeking residency in Spain? If so, what are the current requirements and benefits associated with this visa? Also, could you provide any insights on the application process and the estimated timeframe for approval? Thank you in advance for your assistance.
5 answers
Valeria
Wed Jun 12 2024
The government believed that the elimination of the golden visa would help achieve this goal. The golden visa, which granted residency rights to foreigners investing in Spanish real estate, had been criticized for driving up property prices and exacerbating the housing crisis.
Dario
Wed Jun 12 2024
The decision was a continuation of last year's efforts to tackle the housing issue. In some areas, rental caps had been imposed to control rent prices and make housing more accessible. These measures had received positive feedback from the public.
Leonardo
Wed Jun 12 2024
Spain's Council of Ministers recognized the need for a comprehensive approach to address the housing crisis. Eliminating the golden visa was just one part of a broader strategy to ensure sustainable and affordable housing for all.
Martina
Wed Jun 12 2024
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Margherita
Wed Jun 12 2024
In the cabinet meeting held on 9 April 2024, Spain's government made a significant decision. It was aimed at addressing the pressing issue of housing shortages and ensuring affordable housing for local residents. This step was seen as crucial in improving the living conditions of the citizens.