Our expert lawyer in international mobility, Patricia Ruiz, explains in her opinion piece for Metros2 magazine (you can see the full magazine here) what alternatives are available to investors now that the Golden Visa has come to an end. This permit, which granted residency in Spain in exchange for investment, expired on April 3, but there are still other options for those who want to invest in the country.
When asked if there are other avenues, our expert is clear: “Beyond the media impact, it is important to take a step back and remember something fundamental: the desire to invest in Spain is still alive, and the doors remain open.”
One of these alternatives to the Golden Visa is non-lucrative residence: “It allows you to reside in Spain if you can prove sufficient financial solvency, without the need to make a minimum investment. It is an excellent option for those who want to enjoy the country after years of work, or as a starting point for establishing a more stable residence in Europe. Many former Golden Visa beneficiaries will be able to take advantage of this option, simply by adapting their legal strategy.”
For workers who travel for international projects, they can apply for a digital nomad permit, which has been “specifically legislated to attract mobile talent that not only resides, but also invests, rents, hires, and boosts the economy.”
Finally, our expert lawyer discusses the Mbappé Law in the Community of Madrid in her article, “for those seeking profitability,” a policy with tax benefits for foreign investors.
If you would like further information, please do not hesitate to contact our office by calling 91.345.48.25 or sending an email to info@cecamagan.com