Emigro
WizardFind a specialist
← All investment routes

Spain's golden visa is closed — what works instead

Spain stopped accepting new golden visa applications on 3 April 2025 (Ley Orgánica 1/2025). Buying property, funds or deposits no longer opens an investor residence permit. Investors and wealthy families now use non-lucrative residence, the digital nomad visa, entrepreneur residence — or another EU programme.

Free investment-route match in 1 minute

4 questions → which programmes are actually open to your passport and budget. €0, no obligation.

Some programmes are closed to RU/BY passports — we factor this in.

Main goal
or message us on Telegram →

🇪🇸 Spain · Golden Visa — closedclosed

Programme facts
Min investment— closed
RoutesGolden visa abolished 03.04.2025 (LO 1/2025, DF 21). Alternatives: non-lucrative residence, digital nomad visa, entrepreneur
Time to citizenshipn/a
RU/BY passportsn/a
Official source
Last checked

Last checked:

Not legal advice. Rules change — verify with the official source.

What works instead

Find my Spain alternative — free

Source: BOE-A-2025-76 (LO 1/2025), in force 03.04.2025.

Who it suits

  • You want to live in Spain and can show passive income (non-lucrative).
  • You work remotely for foreign clients or an employer (digital nomad visa).
  • You plan an innovative business in Spain (entrepreneur residence).

Who it doesn't suit

  • You want residence by buying property — that route is closed.
  • You do not want to live in Spain — the alternatives require real residence.

Russian and Belarusian passports

Not applicable to the closed golden visa. For the alternatives, RU and BY citizens usually start at a Spanish consulate in their country of legal residence; non-lucrative residence is not converted from a tourist stay.

Steps

  1. Pick the alternative that matches your income: passive (non-lucrative), remote work (nomad) or business (entrepreneur).
  2. Check the income threshold and documents for that route.
  3. File at the consulate (non-lucrative) or via UGE / the consulate (nomad, entrepreneur).
  4. Register in Spain and get your TIE card after arrival.

FAQ

Is Spain golden visa closed?

Yes. Ley Orgánica 1/2025 (BOE-A-2025-76) ended new golden visa applications from 3 April 2025. Property, funds and deposits no longer open an investor residence permit.

What is the minimum investment now?

There is none — the investor route is closed. The historical threshold was €500,000 in property; it no longer applies to new applications.

Can Russian or Belarusian citizens get Spanish residence another way?

They can apply for non-lucrative, digital nomad or entrepreneur residence if they meet the conditions, usually starting at a consulate where they legally reside.

How long until Spanish citizenship?

Generally 10 years of legal residence for RU/BY/UA/KZ nationals (2 years applies only to Ibero-American and a few other nationalities), plus DELE A2 and CCSE exams.

What is the closest EU alternative to Spain's golden visa?

Portugal's ARI fund route from €500,000 is the closest investment-only option in Iberia, though it no longer accepts property and the citizenship clock is now 10 years for most non-EU nationals.

Compare all programmes →In-depth guide (Russian)

Investment qualifier · step 2

Complete your investment profile

The result is a preliminary shortlist to review: matching, not a ranking of the “best” programmes and not an eligibility confirmation.

Funds readiness

Emigro Assist · Need help with your route?