Spain ends 'golden visas' to combat speculation. Established by the conservative government of Mariano Rajoy in 2013, when the real estate market was at its lowest.
The very rich will no longer be able to establish themselves in Spain in this way, reports our correspondent in Madrid, François Musseau. Since 2013, any foreigner who invested at least 500,000 euros in real estate or in a Spanish company was automatically granted a “golden visa” These famous golden visas as they are called, i.e. a residence and work permit of three years.