Enda Brady: UK correspondent on Spain scrapping their 'golden visa' scheme for real estate investors
Heather du Plessis-Allan Drive · Newstalk ZB
April 9, 20245m 18s
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Show Notes
Spain will scrap its 'golden visa' program geared towards foreigners who make significant investments in real estate.
The program rewarded foreign investors who invested at least 500,000 euros in property to live and work in Spain for three years.
UK correspondent Enda Brady says these investors were locking locals out of the property market- and Prime Minister Pedro Sanchez decided enough was enough.
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Topics
Spainmoneyproperty