The Residence by Investment programme allowing residence in exchange for €500,000 in Spanish real estate was abolished on 3 April 2025, via modification of Ley 14/2013 under the Organic Law on the right to housing (Ley de Vivienda). Other investment routes (public-debt, business capital) remain, but the widely-used real-estate route is closed. Application submitted before the cut-off date continue to process under prior rules.
High-net-worth non-EEA applicants to the Spanish investor-residence route via real estate.
Primary: BOE — Boletín Oficial del Estado (Spanish Official Gazette) ↗
Corroborating: La Moncloa — Spanish Government ↗
Verified 2026-04-19 · methodology · report a correction