Spain Visa and residency Guide 2025

Spain remains one of Europe’s most desirable destinations for property investors, with its sunny climate, rich cultural heritage, and thriving real estate market. However, significant changes in immigration laws have altered how non-EU nationals can secure residency through investment.

With the Golden Visa program discontinued as of January 2025, property investors must now explore alternative residency pathways. This updated guide provides a comprehensive overview of Spain’s current visa and residency options, focusing on how property investment can still play a vital role in securing your place in this beautiful country.

Residency Options for Property Investors

1) Non-Lucrative Visa (NLV)

The Non-Lucrative Visa is a popular option for individuals who wish to live in Spain without engaging in work or professional activities. While it does not specifically require property ownership, owning real estate in Spain can enhance your application by demonstrating financial stability and ties to the country.

Key Requirements:

Proof of financial resources to support yourself without working (approx. €28,000 annually for an individual, with additional amounts for dependents).
Comprehensive private health insurance.
Demonstrated commitment to reside in Spain for at least 183 days per year, as this aligns with tax residency rules.

Benefits:

One-year initial visa, renewable for an additional four years.
Pathway to permanent residency after five years of legal residence.

2) Digital Nomad Visa (DNV)

Introduced in 2023, the Digital Nomad Visa allows remote workers employed outside of Spain to live in the country while working for foreign employers. For investors who manage businesses or work remotely while owning property in Spain, the DNV offers a compelling residency option.

Key Requirements:

Proof of employment with a non-Spanish company or ownership of a remote-friendly business.
Monthly income of at least €2,500 to demonstrate financial self-sufficiency.
Private health insurance coverage.

Benefits:

Initial residency for one year, with renewals available.
Allows applicants to reside in Spain without the need to establish tax residency (if staying less than 183 days per year).

3. Entrepreneur Visa

The Entrepreneur Visa remains an excellent choice for individuals planning to establish innovative businesses in Spain. While it doesn’t specifically cater to property investors, diversifying your investment portfolio with real estate can strengthen your application.

Key Requirements:

A detailed business plan demonstrating the economic impact of your venture in Spain.
Sufficient capital and resources to launch and sustain the business.

Benefits:

Fast-track residency approval.
A pathway to long-term residency for successful applicants.

How to Secure Residency with Property Investment in 2025

1. Research the Market
Partner with reputable real estate agents and legal advisors to identify properties that align with your investment goals.

2. Complete the Purchase
Ensure your purchase is legally compliant and register your property with the relevant authorities. While there’s no minimum investment threshold for most visas, property ownership can significantly strengthen your application.

3. Apply for Your Chosen Visa
Work with immigration specialists to ensure your application meets all requirements. Whether you choose the NLV, DNV, or another route, owning property will demonstrate your financial commitment and ties to Spain.

Frequently Asked Questions

1. Can I still get a Golden Visa by investing in Spanish property?

‍No, the Golden Visa program was discontinued in January 2025. However, property ownership can still support applications for other visas, such as the Non-Lucrative Visa.