Unlike Portugal, the Spain Golden Visa still accepts real-estate investment from €500,000 upwards, granting residency with minimal stay requirements. The programme has been debated politically in recent years, but is active as of the latest public information and remains the most direct residency-by-investment route in southern Europe.
Spain offers 320+ days of sun across the Costa del Sol, Balearics and Costa Blanca, combining beach, golf, ski (Sierra Nevada), polo (Sotogrande) and some of Europe's best marinas, underpinning robust second-home demand from UK, German, Nordic, Middle-Eastern and American buyers.
The Marbella Golden Mile and Puerto Banús have seen sustained prime-market growth of 5-9% annually since 2020, with new-build frontline villas now trading between €8,000 and €20,000 per square metre, still a meaningful discount to comparable Monaco, Antibes or St Tropez stock.
Spain's Beckham Law regime, for qualifying inbound workers, caps income tax at 24% on Spanish-source salary up to €600,000 for six tax years, a meaningful benefit for relocating executives and professionals. General Spanish tax residency rules apply at 183+ days of presence.
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