April 3, 2025, marks the final deadline for non-EU nationals to apply for Spain's Golden Visa Program, offering residency through investments before the scheme ends.
April 3, 2025, is the final deadline for submitting applications for non-EU nationals interested in acquiring residency in Spain through the Golden Visa Program.
The Golden Visa Program of Spain, also known as the Residency by Investment Schemes, gives non-EU nationals the opportunity to acquire residency in this country in exchange for financial investments. The scheme provided residency in exchange for investing two million euro or more in state bonds, or for investing in emerging Spanish companies. The most popular option was the awarding of the visa, which could be obtained in exchange for buying property worth €500,000 or more.
However, the housing crisis that the country was dealing with forced the government of Spain to eliminate this scheme. Prime Minister Pedro Sánchez said his government's intention to scrap the scheme was intended "to guarantee that housing is a right and not merely the subject of business speculation".
He said that the majority of visas awarded were linked to the purchase of properties in places such as Madrid, Barcelona, Valencia, Málaga, Alicante and the Balearic Islands - all areas where the housing market "is under enormous pressure and where it is almost impossible for people who live and work in those places and pay their taxes each day to find affordable housing".
Since 2013, when the scheme was implemented in Spain, over 15,300 persons have benefited from this program. The record number reached in 2023, when Spain granted about 3,200 golden visas to foreigners.
Based on the statistics from the Housing Ministry of Spain, the largest number of golden visa recipients are nationals from China, followed by Russians and UK citizens. The top beneficiaries of the Golden Visa Program are also nationals from the United States, Iran, Ukraine, Venezuela, and Mexico.
China’s Ambassador to Spain, Yao Jing, stated that China is eager to be seen as a partner rather than a rival to the European Union, emphasizing the need for collaboration amidst shifting global dynamics and U.S. trade policies, which he described as "unilateral economic abuse."
Pope Francis has approved the first step towards sainthood for Antoni Gaudi, the modernist architect behind Barcelona's "Sagrada Familia" basilica, the Vatican said on Monday.
President Xi Jinping met with Spanish Prime Minister Pedro Sanchez on Friday, calling for stronger strategic cooperation as China and Spain mark the 20th anniversary of their comprehensive strategic partnership.
Spanish lawmakers have approved a plan to relocate thousands of underage migrants from overcrowded youth centres in the Canary Islands and other outposts to mainland regions, aiming to ease pressure on areas facing high migration flows.
Spain’s Economy Minister, Carlos Cuerpo, is pushing the EU to expand financial aid for industries hit by U.S. tariffs. Spain recently unveiled a €14.1 billion support package and aims to secure broader EU countermeasures as trade tensions escalate between the U.S. and Europe.
U.S. President Donald Trump announced on Friday his plan to reclassify approximately 50,000 federal workers under a new category, "Schedule Policy/Career," which would make it easier to fire civil servants who do not align with his administration's policy agenda.
The U.S. Supreme Court issued an order early Saturday blocking the deportation of alleged Venezuelan gang members from Texas under the Alien Enemies Act, a wartime law from 1798.
Despite U.S. President Donald Trump’s reluctance to support military action, Israel has not ruled out launching a limited strike on Iran's nuclear facilities in the coming months, according to Israeli and other sources familiar with the matter.
Mount Etna, one of the world's most active volcanoes, erupted once more early on Saturday, with ash and lava spewing from the southeastern crater. The eruption, which began late Friday night, continued through midday, local sources reported.
At least 17 people were killed when suspected cattle herders launched attacks on communities in central Nigeria's Benue State on Thursday, police confirmed. The assault is part of a worrying resurgence in violent clashes between farmers and herders, which have long plagued the region.
The Russian ruble has emerged as the top-performing currency globally in 2025, registering an impressive 38% appreciation against the US dollar since the beginning of the year, according to a report by Bloomberg.
A small plane crashed near Kopake, New York, on April 13, killing at 6 people. The Mitsubishi MU-2B aircraft, carrying six people, went down under unclear circumstances. This marks the second aviation accident in New York in a week, raising safety concerns.
Several regions in Ukraine faced heightened alert on Palm Sunday, as reports of explosions and missile threats drew public attention and official responses.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Jordan's King Abdullah II and Egypt's President Abdel Fattah al-Sisi held a phone conversation on Saturday to discuss ongoing efforts to end the Israeli war on Gaza, which has been ongoing since October 7, 2023.
Elon Musk announced on Saturday that he plans to visit India later this year, following a discussion with Indian Prime Minister Narendra Modi about potential collaboration in technology and innovation.
Sultan Haitham bin Tariq al-Said of Oman is scheduled to visit Moscow on Monday, just days after the commencement of a new round of U.S.-Iran nuclear talks mediated by Muscat.
U.S. Vice President JD Vance met with senior Vatican officials on Saturday for talks that the Vatican described as "cordial," following ongoing criticisms of the Trump administration’s policies, particularly regarding immigration.
U.S. President Donald Trump announced on Friday his plan to reclassify approximately 50,000 federal workers under a new category, "Schedule Policy/Career," which would make it easier to fire civil servants who do not align with his administration's policy agenda.
U.S. President Donald Trump announced on Friday his plan to reclassify approximately 50,000 federal workers under a new category, "Schedule Policy/Career," which would make it easier to fire civil servants who do not align with his administration's policy agenda.
The U.S. Supreme Court issued an order early Saturday blocking the deportation of alleged Venezuelan gang members from Texas under the Alien Enemies Act, a wartime law from 1798.
Despite U.S. President Donald Trump’s reluctance to support military action, Israel has not ruled out launching a limited strike on Iran's nuclear facilities in the coming months, according to Israeli and other sources familiar with the matter.
Mount Etna, one of the world's most active volcanoes, erupted once more early on Saturday, with ash and lava spewing from the southeastern crater. The eruption, which began late Friday night, continued through midday, local sources reported.
At least 17 people were killed when suspected cattle herders launched attacks on communities in central Nigeria's Benue State on Thursday, police confirmed. The assault is part of a worrying resurgence in violent clashes between farmers and herders, which have long plagued the region.
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