! Spanish News Today – The Spanish Golden Visa is one of the top choices for investors in Europe in 2022

Publication date: 07/11/2022

In H1 2022, the Spanish golden visa remains one of the first choices for European investors

In the first half of 2022, the growth in the number of golden visas purchased by foreign nationals to stay in Spain began to slow.

According to a study by Tranio, the Spanish golden visa was the most important program in Europe in terms of demand growth in 2021. While the pace of growth slowed in the first half of 2022, the demand for Spanish visas is still important and seems likely to remain stable in the long term. term.

The so-called “golden” visas are a type of document that allows someone to stay in the country if they make an investment (usually in real estate) above a certain threshold, in the case of Spain 500,000 euros .

The continued popularity of golden visas is said to have contributed significantly to the recovery of the European real estate market after the pandemic.

These conclusions are based on Tranio statistics on real estate purchase requests made by transnational investors from January to June 2022, as well as the latest annual survey of real estate market experts from 40 countries.

Over the past decade, global investor interest in golden visas and passports has largely focused on Europe and North America. The average number of foreign property buyers wishing to obtain residency rights or citizenship in European countries that offer this option has increased by 20% in 2021.

The top 5 European gold investment programs that are gaining popularity among foreign investors are:

  • Golden Visa of Portugal (by 2021 investor demand had increased by 100%)
  • Montenegro Golden Passport (+50%)
  • Greek golden visas (+30%)
  • Spanish golden visas (+28%)
  • Turkey’s Golden Passport (+22%)

In the first half of 2022, major trend changes were highlighted in cross-border property investment and the fastest growing “golden” programs are all moving away from Spain. The main European programs in terms of demand growth were Greek golden visa (applications increased by 127% compared to the first half of 2021), golden passports from Turkey (+24%), Malta (+18% ) and Montenegro (+12%), as well as the residency by investment program in Italy (+11%).

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