The Golden Visa programme allowed Brits and other non-EU nationals to relocate to Spain with minimal paperwork, provided they purchase a property worth over €500,000 (£412,000) or make a significant investment.
Greece and Portugal are poised for potentially substantial financial boosts as they streamline their golden visa schemes, attracting wealthy Brits seeking overseas residency.
After putting it on hold in 2017, the programme was relaunched in July 2024, offering residency via three avenues: investment in real estate funds, property purchase, or a €1 million (£828,420) donation to education.
The golden visa scheme offers non-European Union individuals an easy path to relocation in exchange for significant property or fund investments.
According to Forbes, the Golden Visa programme has always been controversial as it allows non-nationals to gain citizenship or residency through investment.
