AN end to Spain’s Golden Visa plan has actually been postponed after the nation’s Us senate elected to maintain it going. It was established for abolition as quickly as January after Congress accepted strategies to ditch the plan. Today a break for a couple of months promises after the Partido Popular-led Us senate banned the procedure- indicating that Congress with …
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I’m British and want to move to Spain on a Golden Visa – how much time do I have before it’s banned? – CSN
Are you making an application for a Golden Visa or have you done so this year? Email tips@theolivepress.es SPAIN is one action more detailed to outlawing its Golden Visa program after the procedure was accepted in Congress recently. Presently, Brits and numerous various other ‘3rd nationals’ can protect residency in Spain if they invest at the very least EUR500,000 on …
Read More »End of the Golden Visa in Spain: Government moves to annul law that grants residency to wealthy foreigners who invest €500,000 in property
THE Socialist-led Spanish government will take the first step today toward scrapping the country’s ‘golden visa’ scheme, which was introduced in the midst of a financial crisis in Spain in a bid to attract wealthy investors to the country. Under the scheme, around 15,000 foreigners have secured residency permits in Spain after having invested more than half a million euros …
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