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investor residence permit renewal

Golden Visa in Spain: Renewal for Holders and Alternatives for Investors — 2026/2027

Visa and residence authorization for investors — the program has been closed since April 3, 2025. But if you already hold one, renewal is possible — and required.

As of April 3, 2025, Spain stopped issuing new Golden Visas (Organic Law 1/2025). However, a transitional regime applies to authorizations already granted: renewal remains possible as long as the investment conditions are maintained.

Are you a Golden Visa holder? Find out about the conditions and deadlines for renewal. Looking for residence through investment? We'll help you find the right current alternative for your profile.

Renewal conditions

Renewal of an investor residence permit (golden visa) in Spain is possible provided certain conditions are met. Typically, confirmation that the investment remains valid is required. Our team will help you prepare the documentation and ensure a smooth renewal process for your investor residence permit in Spain.

  • The investment must be maintained continuously
    If the asset's value temporarily fell below the required threshold, or if the investment was changed, this can be grounds for refusal. The administration applies a restrictive interpretation.
  • Selling a property and buying a new one is not allowed
    Replacing one property with another is treated as a change of investment. The only exception is if the original amount exceeded €500,000 and the property sold also exceeded that amount.
  • New family members added after April 3, 2025 cannot be included
    Adding new relatives to the investor's authorization after the repeal date is no longer possible. They must apply for residence under the general rules instead.
  • Health insurance must be continuous
    A gap between policies — even a single day — is formal grounds for refusal.
  • Joint ownership requires special attention
    Under joint ownership or the gananciales (community property) regime, each applicant must independently demonstrate compliance with the investment threshold. This has already caused renewal refusals for couples who didn't account for it when structuring their investment.

Renewal deadlines

  • 60 days before — the optimal window to file for renewal before the current authorization expires.
  • Up to 90 days — the absolute deadline after expiry; after this, the status is cancelled with no right of reinstatement.
  • 20 days — the official processing period for renewal at the UGE-CE (in practice, around 1 month).
  • Renewal grants residence for another 5 years. Permanent residence becomes available after 5 years of residence in Spain.

FAQ

Questions and answers
No — and this is one of its main advantages. To maintain investor residence, it's enough to visit Spain just once a year. This makes it an ideal option for those who don't plan to relocate permanently.
Yes. Investor residence grants the right to live and work in Spain without restrictions, both for the investor and for family members.
No. As of April 3, 2025, new applications are no longer accepted — Organic Law 1/2025 repealed Articles 63–67 of Law 14/2013, which had governed the investment residence regime.
Yes, to all types. The UGE has confirmed that the transitional regime applies to real estate, government bonds, shares, bank deposits, and business projects alike. Only converting other investment types into real estate after April 3, 2025 is prohibited.
It depends on your profile. For passive income — the Non-Lucrative Visa. For remote work or owners of a foreign business — the Digital Nomad Visa. For relocating with an employment contract — the PAC or the EU Blue Card. We help you find the best option in a consultation.
You'll be required to pay the annual property tax (IBI), as well as non-resident income tax (IRNR), calculated on the property's cadastral value — even if you don't rent it out.
Investor residence leads to permanent residence after 5 years and citizenship after 10 years of continuous legal residence in the country. To apply for citizenship, you must prove actual residence in Spain (at least 183 days per year) throughout those 10 years.
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