Spain’s Golden Visa Ban: A Symbolic Gesture or Real Housing Solution?
Spain’s recent ban on “golden” investor visas for non-EU citizens is a bold move aimed at tackling the country’s escalating housing crisis. The idea behind the ban is straightforward: by restricting the influx of wealthy foreign investors who often purchase properties solely as investments, Spain hopes to free up more housing for its own citizens struggling with affordability.
However, the effectiveness of this measure is a point of much debate. Some argue that the number of properties purchased through these golden visas is relatively small – just a few hundred annually across the whole of Spain – making the ban largely symbolic and unlikely to significantly impact the housing market.… Continue reading
Matt Underwood