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Spain flip-flops on Golden Visa ban as applications continue to flood in

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Spain’s Senate has temporarily stalled the Golden Visa ban, but Congress could push it through for early 2025.

Last month, Spain’s controversial Golden Visa programme looked set for abolition when the country’s Congress approved a bill to scrap the scheme. At the time, it was thought the ban could come into effect as soon as January 2025.

But the bill has hit a snag, which could see a ban delayed for several months, or even abandoned altogether.

Check out our full guide to Europe’s golden visas and the countries that have already banned them.

Spanish Senate blocks abolition of the Golden Visa

The Spanish Senate vetoed the ban in a hearing on 2 December, batting the bill back to Congress. While the Senate’s opposition will certainly delay the process, it cannot block it entirely, as Congress retains the power to override the veto.

Part of the disagreement over the ban is political: the Senate is controlled by the centre-right party, the Partido Popular (PP), while Congress is in the hands of Prime Minister Pedro Sanchez and his coalition government of the centre-left Spanish Socialist Workers’ Party (PSOE) and radical left-wing Unidas Podemos. Disagreements here are natural.

However, there was also concern over the way that the Spanish government had tried to push through the bill, known as the Judicial Efficiency Bill. At the heart of the bill are rules around expedited trials for cases of illegal squatting, with the Golden Visa ban tacked on as an extra.

According to the Official Gazette of the Spanish Parliament dated 2 December, the PP’s rationale for the veto revolved around the government’s failure to employ “proper legislative drafting techniques”. It argued that the simultaneous processing of two legislative projects affecting the same laws would create confusion, calling the bill “a hodgepodge of uncoordinated legislative amendments”.

Dr Jacinto Soler-Matutes, Senior Partner at Emergia Partners – a company focused on business development in emerging markets – told Investment Migration Insider that Congress could ratify the ban in any one of its forthcoming plenary sessions scheduled in December, with publication in the Official Gazette in early January. “We must count on the Spanish Golden Visa finally phasing out around April 1,” he added.

A flurry of Golden Visas applications since the ban was announced

As would be expected, applications for the Golden Visa programme have ramped up significantly since its abolition was first announced last April. But visa approvals are also on the up, with the rate moving from an average of 69 per month between January and March to 95 per month from April to October.

In total, 2024 has seen 780 Golden Visas granted up to the end of October, with 573 of those granted since the abolition announcement was made.

Aside from the ban announcement, general interest in the programme has spiked in recent years. Permits for investors remained under 1,000 per year from introduction in 2013 through to 2021. But in 2022, they surged to over 2,000, and surpassed 3,200 in 2023.

According to Catalan News, the highest number of Golden Visa approvals are for Chinese nationals, with more than 3,300 visas issued between 2013 and 2023. Russian nationals have been snapping them up too, with 3,100 issued over the 10 years. More than 1,000 UK citizens have successfully applied to the scheme.

Although China leads the pack in terms of absolute number of visas issued, the top country for investment is the USA. According to Eldiario, between 2018 and 2022, US investors contributed €1.6 billion to the Spanish economy through the programme, while Chinese investments totalled only €768 million.

What is Spain’s Golden Visa?

The Golden Visa programme in Spain allows non-residents to obtain citizenship through various investment measures. Specifically, applicants must invest either €500,000 in property, €2 million in Spanish government bonds, or €1 million in shares in Spanish companies.

While the scheme has been successful in generating investment in Spain, it’s not without its controversy. Affordable housing is a problem throughout Europe, but in Spain the situation is particularly acute. The Bank of Spain has said 600,000 new homes need to be built each year to satisfy demand, but current plans are for just 90,000 a year.

As property investment is the cheapest route to citizenship under the Golden Visa programme, critics argue that the scheme encourages foreigners to buy property, removing opportunities from the housing market for Spanish citizens and distorting rent. An estimated 94 per cent of Golden Visa applications come via the property route.

Those who successfully acquire citizenship through the programme are not required to live in Spain, and only have to be in the country for one day per year to maintain their status. Opponents of the scheme say this loophole means economic benefits are not being realised,

The European Commission called on EU governments to stop selling citizenship in this way in 2022. It flagged concerns with money laundering, tax evasion and security, which it said “would be incompatible with EU norms”.

Golden Visas ending everywhere

Amid concerns from the EU, nations are rapidly withdrawing their investment residency schemes. Ireland axed its Golden Visa scheme in February 2023; Portugal scrapped its real estate investment visa in 2023; and the Netherlands removed theirs in January 2024.

Albania was planning to introduce a Golden Visa in 2022, but the European Commission urged it to refrain. The country has since suspended its plans.

However, there are still opportunities for willing investors to buy their way into Europe. Malta retains a golden passport offering citizenship for 12-36 months for an investment just shy of €700,000. Italy and Greece still have schemes in place, and Hungary reopened its Guest Investor Programme in October 2024.

Golden Visas are no longer easy to get, but they do exist. Whether Spain’s will be staying much longer remains to be seen.

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  • Daniela Daecher

    Daniela Daecher is a twenty-something bookworm and coffee addict with a passion for geeking out over sci fi, tv, movies, and books. In 2013 she completed her BA in English with a specialization in Linguistics. In 2014 she completed her MA in Linguistics, focusing on the relationship between language and communication in written form. She currently lives in Munich, Germany.

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Ferry fares increase in 2025: Here’s how to save money on Europe’s most popular routes

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Ferries can offer excellent value for money.

As the end of the year approaches, thoughts begin to turn to plans for next summer and a welcome getaway to another country. Travelling by ferry is a popular option, with the European ferry sector transporting some 794 million passengers a year.

Ferry route-finding site FerryGoGo has crunched the numbers to find out what we could be paying for our ferry trips in 2025. On average, a crossing with two people and a car in the high season will set travellers back €1,017, slightly less than the €1,097 evaluated in 2024.

Part of this is down to the inclusion of eight new routes in the study this year, some of which are shorter and therefore cheaper. Co-founder of FerryGoGo, Jan Willem van Tilburg, noted that, although the overall average cost has reduced, value for money is getting worse.

He tells Euronews Travel, “The price per mile has increased by seven cents per mile, likely due to inflation and the inclusion of shorter routes. For instance, routes such as Portsmouth to Caen and Portsmouth to Jersey are cheaper overall because they cover fewer miles, but they are less efficient and therefore more expensive per mile. A similar pattern is seen with routes like Barcelona to the Balearic Islands.”

What are the most expensive ferry crossing in Europe?

According to the study, the most expensive ferry crossing in Europe in 2025 is from Denmark to Iceland. Priced at €2,222 for two people, a cabin and a car on a round-trip itinerary in high season.

Sailing just once per week, Smyril line sails the M/S Norrona from the Danish fishing town of Hirtshals, passing the Shetland Islands and docking briefly in Torshavn on the Faroe Islands. The final leg sees the ship arriving in the small Icelandic town of Seydisfjordur a whole 66 hours after leaving Denmark.

Onboard are the usual ferry amenities, such as cinemas, a children’s playroom and a gym. In addition, the Norrona offers an indoor pool, open deck hot tubs and a football pitch, as well as a multitude of decent restaurants to choose from.

Although the cost for this crossing is still the highest in Europe, on a per kilometre basis, it’s actually very good value. FerryGoGo pointed out that, per hour, this mini-cruise costs under €17 per person, or €0.73 per kilometre.

Compared to 2024, the cost of the Hirtshals-Seydisfjordur crossing has decreased by 19.7 per cent – down €546 from this year’s price of €2,768.

The best and worst value ferry crossings in 2025

In terms of bang for your buck, the best value to be had for the distance travelled is the 854 km route from Barcelona to Rome. Costing €755 return for two and a car, it works out at just €0.44 per kilometre.

Other crossings that come in at great value, all under €0.70 per kilometre, include the 40-hour trip from Sete in southern France to Nador in Morocco, Germany’s Travemunde to Helsinki and Bilbao in France to Rosslare in Ireland. All three of those crossings are over 1,000 kilometres long, requiring one, maybe two nights on board too.

“In general, we’ve observed that the longer the crossing, the cheaper it is per mile,” explains van Tilburg.

“For example, crossings from Ireland and the UK to Spain are relatively cheap when you consider the cost per mile. Similarly, the crossing from Barcelona to Civitavecchia-Rome is one of the most cost-effective crossings per mile.”

In terms of the worst-value crossings, the most expensive per kilometre is the popular route from Barcelona to Palma, Mallorca. Covering just 270 km and costing over €1,000, it works out to a fee of €1.89 per person, per kilometre. Up there with the expensive trips is also Barcelona-Ibiza and the shortest route on the list, the six-hour hop from Rostock in Germany to Trelleborg in Sweden.

The Harwich to Hook of Holland ferry has seen the biggest price increase

Across the surveyed routes, some services had largely remained at a similar price to 2024, but many did not. Almeria to Nador was the service with the biggest fall in price, dropping 29 per cent to €586 this year.

Travemunde-Helsinki and IJmuiden-Newcastle also dropped in price by around 20 per cent, while Hirtshals-Seydisfjordur and Bilbao-Rosslare are around 15 per cent cheaper this year.

Of the routes where price rises have been seen, the most dramatic increase is on the Harwich to Hoek van Holland service, where prices are up almost 60 per cent. From a cost of under €400 last year, this year’s report puts the fare at €620.

The Liverpool to Belfast ferry also increased in price substantially, going from €500 to €768. Other routes had moderate rises of around 20 per cent, although van Tilburg noted that the use of dynamic pricing means prices may still go up.

Dynamic pricing is widely used in transportation and works by increasing the fares on particular services as more of the seats sell out. January is a key month for ferry bookings, therefore the prices quoted in the report could well change in the new year, says van Tilburg.

“If you’re travelling with a car, it’s best to book early,” he notes. “Parking decks on ferries tend to fill up quickly as the season approaches, leading to rapid price increases. Booking before January can also help you save – Stena Line, for example, often offers discount codes.”

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  • Daniela Daecher

    Daniela Daecher is a twenty-something bookworm and coffee addict with a passion for geeking out over sci fi, tv, movies, and books. In 2013 she completed her BA in English with a specialization in Linguistics. In 2014 she completed her MA in Linguistics, focusing on the relationship between language and communication in written form. She currently lives in Munich, Germany.

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‘Not for sale’: Anti-tourism protestors destroy hundreds of sunbeds in Tenerife

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Despite winter closing in on Spain’s tourist resorts, the anti-tourism sentiment shows no sign of slowing.

A wave of vandalism struck two popular beaches in Los Cristianos, Tenerife, last week. More than 230 sunbeds were defaced and sprayed with anti-tourism graffiti such as “Canarias se defiende” (The Canary Islands defend themselves) and “Canarias no se vende” (The Canary Islands are not for sale).

Discovered in the early hours of Thursday morning, 5 December, sunbeds on both Las Vistas and El Camison beaches were damaged by several unknown individuals in what Arona City Council describes as a ‘coordinated attack’.

Las Vistas suffered the destruction of 100 sun loungers and El Camison 136, while a nearby shopping centre was also daubed in graffiti.

A video shared online in the days after shows vandals slashing sunbeds with a knife. Canarian Weekly reports that the damages are estimated at €5,000.

“We are against all types of vandalism and the lack of civility of some people who attack Arona’s heritage, which causes serious harm to both residents and visitors,” said Mayor Fátima Lemes in a statement. She reiterated that such violations are punishable by law and appealed to citizens for help in identifying the perpetrators.

The latest in a wave of anti-tourism protests

The Canary Islands have become a hotspot for anti-tourism sentiment. In April, tens of thousands of protestors took to the streets in the archipelago, demanding limits on what they see as uncontrolled development harming the environment and people’s way of life. Some activists went on a hunger strike in Tenerife in an attempt to halt the construction of a new hotel and beach resort.

Demonstrations spread to many of Spain’s popular tourist destinations, including the Balearic Islands, Alicante, various cities on the south coast and Barcelona. In most instances, protests were peaceful, although there were some reports of foreigners being squirted with water pistols and shouted at to ‘go home’.

However, some activities have been more concerning. In July, apartments in Seville had lock boxes smeared with faeces amid demand for an end to Airbnb licenses. In October, anti-tourism protestors waving flags and banging drums stormed the beach in Playa de las Americas, Tenerife, crowding around sunbathing visitors in an attempt to intimidate them.

There has been an attempt to defuse the situation in many cities and regions. In Barcelona, for instance, short-term tourist apartments will be banned from 2028. Palma de Mallorca is capping the number of cruise liners that can dock at the port, and Tenerife has introduced a limit on the number of visitors to some of its national parks.

Why the Spanish are unhappy with tourism

Protestors who have been approached by the media stress that they’re not against the tourism industry per se. Tourism provides more than a third of the Canaries’ economic input and 40 per cent of its jobs, so the locals understand the value of visitors.

Activist Daniel Cabrera told the Standard, “We want tourism. What we do not want is over-exploitation and garbage tourism that does not benefit the local economy.” He further explained that 75 per cent of the money from island hotels and other businesses ends up outside Spain, adding, “That can’t be tolerated.”

The problem lies in what local people consider to be an unchecked expansion of tourism in the country. They say this is leading to rising housing costs, environmental issues and strain on public services.

According to the National Statistics Institute (INE), 34 per cent of Canary Islanders were at risk of poverty or social exclusion in 2023, the highest figure in Spain after Andalucia.

But not all locals feel the same way. Augusto Ferreira, a restaurant owner in the Canaries, organised one counter-protest called ‘Lanzarote Loves Tourism’, in an effort to highlight the importance of tourism to the islands’ economy.

The Spanish National Statistics Institute reported a 10.3 per cent year-on-year increase in visits to the Canary Islands, with 14 million international tourists arriving in 2023. Those millions, in turn, brought a record-breaking 20 billion euros to the islands.

Author

  • Daniela Daecher

    Daniela Daecher is a twenty-something bookworm and coffee addict with a passion for geeking out over sci fi, tv, movies, and books. In 2013 she completed her BA in English with a specialization in Linguistics. In 2014 she completed her MA in Linguistics, focusing on the relationship between language and communication in written form. She currently lives in Munich, Germany.

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EU’s biometric Entry/Exit border system set to launch in 2025: Who’ll need to use it?

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Within six months of its gradual rollout, every border crossing in the Schengen Area is expected to use the new EES.

After numerous delays and setbacks, the EU’s long-awaited Entry/Exit System (EES) may soon be rolling out at a border near you.

On 4 December, the European Commission (EC) proposed a progressive start of operations for the EES, Europe’s new digital border system for non-EU nationals.

Once the proposal has been approved and the EC has set a start date, member states will have six months to deploy it.

Yesterday, the EU’s official EES website confirmed the system will begin in 2025, though no exact date was given. Meaning that nearly nine years after the EES was proposed, it might finally happen.

Here’s what you need to know about how Americans, Brits and other non-EU countries will cross borders into the bloc

What is the EES?

The Entry/Exit System will be an automated registration system for UK and other non-EU travellers who don’t require avisa to enter the EU.

Travellers will need to scan theirpassports or other travel document at a self-service kiosk each time they cross an EU external border. It will not apply to legal EU citizens or residents or those with long-stay visas.

The system will register the traveller’s name, biometric data, and the date and place of entry and exit.Facial scans and fingerprint data will be taken every three years and are valid for multiple trips within that period.

Why is the EES being implemented and in which countries?

The EES will apply to non-EU citizens – including UK nationals – who come to the bloc for visits, holidays or business and stay for up to 90 days within a 180-day period.

EU officials say the system is being introduced to bolster border security and identify travellers who overstay their permitted time in the Schengen Area (90 days within a 180 day period).

“With the EES, we will know exactly who enters the Schengen Area with a foreign passport,” Ylva Johannson, the EU’s former home affairs commissioner, said in an August speech at eu-LISA, the agency overseeing Europe’s large-scale IT systems.

It will apply when entering all EU member states, apart fromCyprus and Ireland, as well as four non-EU countries in the Schengen Area:Iceland, Lichtenstein, Norway and Switzerland.

The EES has faced delay after delay

At eu-LISA in August, Johansson declared that the EES would be ready to launch before her five-year tenure would end in November.

“The moment is finally here,” she said. “There may have been times you believed it [would] never happen. But it is going to happen. Everything is coming together.”

But two months later, Johansson announced that the system’s 10 November launch date would be delayed again. It marked the fourth time the rollout had been pushed back.

Johansson noted that France, Germany and the Netherlands – countries that collectively receive more than 100 million tourists per year – told the EC they were not ready to implement the system, voicing concerns about a lack of practical testing.

Previous delays have been blamed on IT issues and the installation of new automated barriers required at all international land, maritime and air borders in the Schengen Area. Some airports reported having to reinforce their floors to accommodate the heavy new scanners.

What entering the Schengen Area will look like in the years ahead

While an official launch date has yet to be announced, there was never any question of whether the EES would eventually happen.

The gradual approach appears to give the participating nations more flexibility to fine-tune their technology and navigate unexpected issues.

The goal, according to the EC, is to have the new system working at 10 per cent of border crossings in every member state on day one. During this soft launch period, travellers’ passports will continue to be stamped, as well as electronically recorded.

After six months, the EC expects the EES to be fully operational.

Another six months after the EES is up and running, travellers will also need to apply for the European Travel Information and Authorization System (ETIAS), a visa-waiver programme for travellers between the ages of 16 and 70.

The ETIAS will cost €7 and be valid for three years.

While an app designed to streamline entry and exit from Europe is also in development, its ability to capture required biometric data such as fingerprints remains unclear.

Author

  • Daniela Daecher

    Daniela Daecher is a twenty-something bookworm and coffee addict with a passion for geeking out over sci fi, tv, movies, and books. In 2013 she completed her BA in English with a specialization in Linguistics. In 2014 she completed her MA in Linguistics, focusing on the relationship between language and communication in written form. She currently lives in Munich, Germany.

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