What is the Golden Visa?
The Golden Visa (investor visa) is a residency permit for non-EU citizens who invest at least €500,000 in Spanish property. The programme has existed since 2013 and is one of the most popular in Europe.
Note: the Spanish government has been considering changes to the Golden Visa programme. Information is current as of early 2026, but always verify the latest status.
Conditions
- Minimum investment: €500,000 in property (mortgage-free for this amount)
- No criminal record in Spain or country of origin
- Health insurance from a Spanish-recognised insurer
- Sufficient financial means to live in Spain
- Not illegally residing in Spain
What do you get?
- Residency permit: initially 2 years, renewable for 5 years
- Family reunification: partner and minor children included
- No residency requirement: you don't have to live in Spain
- Work permitted: you may work in Spain
- Path to citizenship: permanent residency after 5 years, citizenship after 10 years
Who is it for?
Non-EU citizens wanting Schengen travel freedom, investors combining property with residency rights, families wanting children to study in Europe, entrepreneurs seeking a European base.
Popular locations
- Marbella/Costa del Sol: most popular, luxury properties readily available above €500,000
- Costa Blanca: growing alternative, combine multiple properties to reach €500,000
Important note
The Spanish government has been evaluating potential changes to the Golden Visa programme for property investments. Always consult a current legal adviser for the latest rules.
Frequently asked questions
Why buy new build in Spain?
What is included in new build properties in Spain?
How can Alistora help me buy property?
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