The publication of Organic Act 1/2025 in Spain’s Official State Gazette has formally announced the termination of the golden visa program, effective April 3, 2025.

Key Highlights:

1. Amendments to the Entrepreneur’s Act
   The legislation modifies Articles 63 through 67 of the Entrepreneur’s Act 14/2013, which originally provided the legal foundation for the golden visa program.
2. Recent Developments
   As previously reported, Spanish immigration authorities introduced new criteria in November 2024 for permits regulated by the Entrepreneur’s Act. This termination follows the Congress of Deputies’ approval in December 2024 to abolish the golden visa program.
3. Transitional Provisions
   • Application Deadline: Golden visa applications will continue to be accepted up to April 3, 2025. Applications still pending as of this date will be processed accordingly.
   • Renewals: Renewal applications will be evaluated based on the regulations in force at the time of the initial permit’s issuance, ensuring that the original conditions under which the permits were granted are upheld.
   • Protection for Current Applicants: A three-month transition period has been established to safeguard existing applicants.
4. Validity of Existing Visas and Permits
   The Act ensures that visas and permits—particularly those issued for investments through real estate acquisition—that are valid as of April 3, 2025, will remain effective for their originally designated validity periods.

For further details, stakeholders are encouraged to review the specific provisions outlined in Organic Act 1/2025. Citizenship Network will closely follow up developments regarding this matter. Please visit our Golden Visa Programs page, to learn more about our other offerings.