In 2024, Spain’s Catalonia region approved 314 Golden Visas for foreign nationals, reflecting the ongoing popularity of residency-by-investment programs in the area. The Golden Visa program allows non-EU investors to obtain residency in Spain by making significant financial contributions, typically through real estate purchases.
Key Statistics for 2024
Catalonia remains a prime destination for Golden Visa applicants, particularly in cities like Barcelona, which attract global investors due to their economic and cultural appeal. The region accounted for a significant portion of Spain’s overall Golden Visa approvals in 2024.
Why Catalonia Remains Popular
The Catalonia region’s diverse real estate market, robust infrastructure, and lifestyle offerings make it an attractive choice for investors seeking European residency. Additionally, its proximity to key business hubs and transportation networks strengthens its appeal.
The Impact of the Golden Visa Program
Supporters of the Golden Visa program argue that it boosts the local economy, bringing in foreign capital and creating jobs in sectors like construction and hospitality. However, critics suggest that such programs can contribute to rising property prices, making housing less affordable for local residents.
Catalonia’s approval of 314 Golden Visas in 2024 underscores the enduring appeal of Spain’s residency-by-investment options. With ongoing debates around the program’s economic impact, its future remains a topic of interest for both policymakers and investors.