Spain is about to make it much harder for wealthy foreigners to buy their way into residency

Tue, 04/09/2024 - 02:12

Spain plans to end "golden visas" for non-EU citizens investing €500,000 in real estate.
The reform addresses unaffordable housing for young Spaniards confronting high home prices.
Other EU countries including Portugal, Greece, and Ireland have changed or shut down similar programs.

Spain will no longer hand out "golden visas" to foreigners willing to pay big bucks for them.