The provisional text abolishing the Spanish Golden Visa is approved

During the year 2024, the debate on Investor Residence Visas and Investor Residence Authorisations (both commonly known as the “Golden Visa”) has gained significance not only in Spain, but also in the European Union. In line with the European trend, in recent months, there have been certain attempts to eliminate some of the ways investors can obtain a residence permit. However, in view of the state of affairs in the Spanish Parliament, it seems that the legislator’s final intention is to completely eliminate the residence permits provided for in the law for investors.

You can read the full legal briefing here.