The Spanish government is undertaking a significant revision of the Golden Visa legislation, a scheme that has allowed numerous non-European investors to obtain residency in Spain through real estate investments. Since its implementation in 2013, approximately 14,576 visas have been issued, mainly in the provinces of Barcelona, Madrid, Malaga, Alicante, Balearic Islands, and Valencia. This proposed change could redefine the investment landscape for future investors. Introduced during the tenure of the Popular Party under the presidency of Mariano Rajoy, the Golden Visa was designed to attract foreign capital to the Spanish real estate sector during a time of economic need. Allowing non-EU residents to acquire residency in exchange for a substantial investment in real estate, the program has been particularly popular among citizens from China, Russia, the United Kingdom, the United States, Ukraine, Iran, Venezuela, and Mexico. Current Impact and Proposed Changes The Minister of Housing and Urban Agenda, Isabel Rodríguez, has indicated that the modification of the law seeks to promote social justice in housing access and reduce speculation, which has been especially prominent since 2022. The government plans to eliminate the option of obtaining a Golden Visa through the purchase of housing and redirect these investments towards affordable housing and property rehabilitation. The purchase of housing by foreigners in cities such as Marbella, Barcelona, and several of the Balearic Islands has represented a significant percentage of real estate transactions, with real estate speculation raising prices and negatively affecting local markets. This change in legislation points to a balanced strategy, where local residents are protected while still attracting direct foreign investment. Consequences for Existing and Potential Investors Although the proposed changes may seem limiting, they also open the door to new opportunities for investment in projects with positive social impact. For existing investors, visas already granted will be respected under the previous legislation, while future investments will need to align with the new criteria. This will include options such as investing in public debt, in businesses with real activities, or in projects that promote affordable housing.The modification of the Golden Visa is a clear indication of the renewed focus of the Spanish government towards a more sustainable and ethically responsible economy. For investors, adapting to these changes will not only be crucial for the legality of their investments but also for maximizing their impact and profitability in an evolving market. Are you ready to adapt to these changes and continue to be a key player in the Spanish real estate market? At Marti Projects, we offer the expertise and support necessary to navigate this new landscape. Contact us today to discover how we can help you align your investment strategies with the new regulations and take advantage of emerging opportunities.

Discover Villa Elise in the Heart of Benimeit, Teulada Moraira We invite you to explore Villa Elise, located in the prestigious area of Benimeit in Moraira, a project that redefines luxury living with a personal and close touch. Imagine a space where every detail has been designed to harmonize with the natural environment, offering you the tranquility and privacy you deserve. This project, with a construction license already granted and ready to begin, promises to be the blank canvas for those looking to personalize their next home on the Costa Blanca. A Modern Approach to Design and Sustainability Designed by Gea Arquitectos, Villa Elise is distinguished by its commitment to sustainability and a modern design that respects and enhances the beauty of the Benimeit landscape. Without sea views but with a unique perspective of the natural environment, this villa offers a different living experience, where luxury meets privacy and ecology. The 30-meter infinity pool is not only an element of relaxation, but also a meeting point to enjoy unforgettable moments. Spaces Created for Well-being and Comfort Villa Elise, extending over 427 m2 and two floors, promises spaciousness and an intelligent layout that responds to the needs of modern living. The 4 bedrooms and 6 bathrooms are designed to ensure privacy and comfort, while the island kitchen becomes the heart of the home, ideal for gatherings and creating stories. Every aspect, from heating to quality carpentry, has been selected with the well-being of its inhabitants in mind, promising a durable and warm home. A Call to Visionaries If you are a visionary who values tranquility, design and sustainability, Villa Elise represents a unique opportunity not only as an investment, but as the next chapter in your lifestyle. This project offers you the possibility of actively participating in the creation of your home, with the security of quality construction in one of the most sought-after areas of Moraira. We invite you to contact us to discover more about how Villa Elise could be the home you are looking for. Don't miss the opportunity to be part of this exclusive project, where every detail is designed to offer you an exceptional living environment.