How the end of Spain’s Golden Visa and property sale restrictions could affect you

Spain is looking to protect its housing market but it may make the country less desirable for British retirees

retired couple in Spain
(Image credit: Getty Images/Westend61)

Britons looking to retire or relocate to Spain are facing a double whammy of extra taxes, property sale bans and the end of the country’s popular Golden Visa scheme.

Spain has long-been a popular destination for expats looking to retire abroad and escape the high inflation of the UK, while many younger people may relocate for warmer weather and better quality of life.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.