No. As of April 3, 2025, Spain officially abolished its Investor Residency Program (Golden Visa) under Organic Law 1/2025. This repeal ended all pathways for new applications, including real estate investments (€500,000+), bank deposits, company shares, and public debt. While existing holders may still renew their permits under transitional rules, new applicants must now pursue modern alternatives such as the Digital Nomad Visa, the Non-Lucrative Visa, or the Entrepreneur Visa. At IPTW, we specialize in transitioning high-net-worth investors to these updated, tax-optimized residency pathways.

For 2026, applicants for Spain’s Non-Lucrative Visa must demonstrate sufficient financial means equivalent to 400% of the IPREM (Indicador Público de Renta de Efectos Múltiples) on an annual basis. Based on current IPREM levels, this equates to approximately €28,800 per year for the main applicant. For accompanying family members, an additional 100% of IPREM (approximately €7,200 per year) must be demonstrated for each dependent (spouse or child). These funds must be shown through reliable proof of financial means, such as bank statements, savings, investments, pensions, or passive income. As the Non-Lucrative Visa does not permit work in Spain, applicants must demonstrate that they can support themselves without Spanish employment income.

Formally known as the Special Tax Regime, it allows expats to pay a flat 24% tax rate on Spanish employment income for up to six years, rather than the progressive rate (which can hit 47%). In 2026, the "5-year rule" applies: you qualify if you haven't been a Spanish tax resident in the last five years. This now includes Digital Nomads and highly qualified professionals.

Following the 2026 SMI (Minimum Wage) increase, the minimum monthly financial means requirement for a single applicant is now approximately €2,850 (200% of the SMI). If you are bringing a spouse, you must show an additional €1,050/month, and €350/month for each child. We help you audit your foreign contracts to ensure they meet these updated 2026 thresholds.

No. Following the repeal of the Golden Visa property route in 2025, residency rights are assessed independently of real estate purchases. While you can still buy property as a non-resident, you must qualify for a residency category, such as the Non-Lucrative Visa or Digital Nomad Visa, on your own merits.