The End of The Spanish Golden Visa
The end of the Spanish Golden Visa for UK British Nationals and other non-EU citizens, has been on the cards since Prime Minister Pedro Sanchez’s announcement in April 2024. Since then the Government have made significant progress with legislation necessary to bring about the end of this type of Spanish residency.
In November 2024 Congress approved a bill that included text to scrap the ‘Golden Visa’ and end this residency scheme as soon as January 2025. On December 2nd, the Senate vetoed the bill sending it back to Congress delaying the ending of the Golden Visa for property purchases in Spain for several months. It is now expected that the earliest legislation could get pushed through is April 2025.