Investing in housing will not be enough to obtain a residence visa in the Spanish state

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This is one of the “necessary” measures to guarantee that housing “is a right and not merely a speculative matter,” said President Pedro Sánchez.

The President of the Spanish Government, Pedro Sánchez, announced on Monday that tomorrow the Council of Ministers will examine a report to amend the law, approved by the Partido Popular in 2013, which allows obtaining a residence visa if one invests in housing in the state. .

Sánchez made this announcement during the visit he made together with the Minister of Housing and Urban Agenda, Isabel Rodríguez, to a social housing project in Dos Hermanas (Seville), indicating that it is about starting the procedure to obtain the concession of the so-called Golden Visa.

The Golden Visa gives access to the residence regime when more than half a million euros are invested in real estate, as explained by the Chief Executive, who has warned that his government will take the measures “necessary” to guarantee that housing. “is a right and not just a speculative matter.”

Source: EITB

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