The end of this initiative, which has long allowed investors to gain residency by purchasing real estate or making substantial financial contributions, was confirmed with the publication of Organic Law 1/2025 in Spain’s Official State Gazette (BOE). This announcement sets a three-month countdown for the program’s termination, providing a brief window for those interested in securing Spanish residency under the current rules.

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Introduced to attract foreign investment, the Golden Visa has been a popular pathway for non-European Union nationals to establish ties in Spain. However, growing scrutiny over housing affordability and economic equality has prompted the government to rethink the program. While existing visa holders are unlikely to be affected, new applicants must act swiftly to meet the deadline.

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With April fast approaching, potential applicants should seek expert guidance to ensure their applications are submitted correctly and on time. Whether through real estate investment or other qualifying methods, the clock is ticking for those who wish to take advantage of this opportunity before it closes for good.

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Should you have any queries regarding the above information or if you require assistance with your corporate, employment or immigration matter, please get in touch with a legal professional at Hudson McKenzie via email at londoninfo@hudsonmckenzie.com or by telephone +44(0) 20 3318 5794.

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The information provided does not amount to legal advice.