Is the Golden Visa still important in 2024?

The Golden Visa, known as the Investor Visa, continues to be an attractive option for many investors this year, driven by a variety of factors ranging from the geopolitical and economic situation to the personal circumstances of each individual. From countries in conflict or economic decline to those dreaming of retiring to the peaceful shores of Spain or any Schengen country, the search for the Golden Visa in 2024 remains diverse and motivated.

Why apply for the Golden Visa

At first glance, this visa or residence authorisation appears to be the ideal solution, and in many respects it is indeed. It offers the possibility to:

• Relocate residence to Europe.
• Move freely within the European Economic Area.
• Obtain tax advantages for the relocation.
• A quick and easy renovation process that includes the family.
• The opportunity to expand the market to the old continent.

What you need to know before getting an investor visa

However, behind all these advantages there are also strict and not so easy to fulfil requirements, for which it is always advisable to have the support and management of an expert lawyer.

The investments required range from €500,000 to at least €2,000,000, along with various legal formalities and fees that complicate the process of moving to a non-native company.

Despite these challenges, the Golden Visa is still relevant in 2024.

Although there have been legislative changes in certain countries, such as the elimination of the possibility of investing in real estate in Portugal, the simplification and unification of migration systems for large investors make it an unbeatable option for those who wish to move to Europe to expand their market or enjoy their retirement, fascinated by its cultures and landscapes.