Spain Golden Visa: historical guide after closure

Spain's investor residence route under Law 14/2013 is closed to new applications from 3 April 2025.

The former investor residence route allowed non-EU applicants to seek residence through qualifying investment. Historical thresholds and timelines on this page describe that closed route only. For the legal background and the exact cutoff date, see the closure announcement.

Before closure, the route could give residence-linked benefits to approved applicants and family members. Those benefits are legacy context, not current application advantages for new investors.

Eligibility rules here apply only to pre-closure applicants and legacy holders. New applicants after 3 April 2025 need a separate review of other Spanish residence routes.

Spain still issues two residence permits that do not depend on the closed investor route. The Digital Nomad Visa suits remote workers and freelancers with clients outside Spain who earn roughly €2,520 a month or more. The Non-Lucrative Visa suits people who do not plan to work in Spain and can show roughly €2,520 a month, or €30,000 a year, in passive income or savings. Neither replaces the closed route: both are based on proven income rather than a capital contribution, and neither leads to residence through investment.

Investors who specifically want EU residence through a capital investment still have that option elsewhere. Portugal's Golden Visa remains open from €250,000, and Greece's Golden Visa remains open from €250,000 in regional real estate. The golden visa comparison guide sets out these and the other programmes still accepting applications side by side.

The real-estate route had a historical EUR 500,000 threshold. Other former options included EUR 1,000,000 financial-asset routes, EUR 2,000,000 government bonds, and business investment without a fixed minimum.

Document requirements vary by case. For pre-closure applications or existing-holder renewals, lawyers should review the original filing date, authorisation history, identity documents, police records, insurance, and proof of funds.

Existing holders should review renewals under the rules that applied when the original authorisation was granted. Renewal is not a new investor-route application.

The former route may still matter for families, assets, and residence planning where an authorisation already exists. It does not create a new application pathway after closure.

Spanish permanent residence and nationality are separate legal processes. They are not granted automatically through the former investor route. Spanish nationality by residence has its own conditions and is assessed separately from any investor residence history.

Legacy holders should keep evidence of their original authorisation, residence-card history, insurance, funds, and compliance with Spanish requirements. New applicants need advice on other routes.

Spain's investor residence route under Law 14/2013 is closed to new applications from 3 April 2025. The page is retained as historical guidance and for legacy-holder review. New applicants should assess other Spanish residence routes instead.