Spain Golden Visa Explained (2025 Update)

Spain’s Golden Visa remains one of Europe’s most attractive residency-by-investment programs. It offers flexibility, low stay requirements, mobility within the EU Schengen Zone, and the ability to include family members.

Here is the full 2025 guide.

1. What Is the Golden Visa?

A residence permit granted to non-EU citizens who invest €500,000+ in Spanish real estate.

2. Investment Requirements (2025)

To qualify, applicants must:

• Purchase property worth €500,000+ (unmortgaged portion)
• Hold clean criminal records
• Have valid health insurance
• Provide proof of income

Investment can include:

• One property
• Multiple properties
• Residential or commercial assets

3. Key Benefits

• Residency for the entire family
• Visa-free movement within Schengen
• No obligation to live in Spain (0 days per year required)
• Ability to apply for long-term residency later
• Strong investment value in premium real estate

4. Application Process

Step 1 — Property purchase

Minimum €500k free of mortgage.

Step 2 — Submit visa application

Can be done inside Spain or via consulate.

Step 3 — Temporary residency card

Issued for 2 years, renewable for 5 years.

Step 4 — Long-term residency (optional)

Eligible after 5 years of consistent renewal.

5. Common Mistakes to Avoid

• Buying property without full legal due diligence
• Not checking tax obligations
• Underestimating maintenance & community fees
• Choosing low-demand areas
• Missing visa renewal deadlines