Spain officially ended the Golden Visa for real estate investment in April 2025. This means non-EU citizens can no longer obtain residency in Spain simply by purchasing a property.
However, there are still several ways to legally live in Mallorca, including the Digital Nomad Visa, the Non-Lucrative Visa and other residency permits depending on your personal or professional situation.
At Pollentia Properties, we explain the current residency options available for international buyers and future residents in Mallorca.
Although the Golden Visa has disappeared, Spain still offers several attractive residency options for non-EU citizens who wish to live legally in Mallorca and enjoy the Mediterranean lifestyle.
One of the most popular new residency permits is the Digital Nomad Visa, designed for remote workers and freelancers who work for companies or clients outside Spain.
This visa allows non-EU citizens to legally live and work remotely from Spain while benefiting from Mallorca’s exceptional quality of life, climate and international community.
The Digital Nomad Visa has become especially popular among British, American and international professionals seeking long-term residence in Spain after Brexit and the rise of remote work.
The Non-Lucrative Visa is ideal for retirees, financially independent individuals or anyone who wishes to live in Spain without carrying out professional activity within the country.
Applicants must demonstrate sufficient financial means, private medical insurance and stable income sources outside Spain.
This option remains one of the most common residency permits for international buyers who purchase a second home in Mallorca and wish to spend extended periods on the island.
Spain also offers residency permits for entrepreneurs wishing to launch innovative business projects considered of economic interest to the country.
Projects involving job creation, technological innovation or economic impact may qualify for this type of residency authorization.
Other common pathways include obtaining residency through employment contracts with Spanish companies or through student visas for educational programs in Spain.
Depending on the circumstances, these permits may also allow limited work activity and future residency extensions.
Despite the end of the Golden Visa, Mallorca continues to attract international buyers and residents thanks to its exceptional lifestyle, safety, climate and strong property market.
The Balearic Islands remain one of the most desirable destinations in Europe for second homes, remote working and long-term relocation.
International buyers — particularly from the United Kingdom, Germany, the United States and Northern Europe — continue to invest in Mallorca for lifestyle reasons rather than solely for residency purposes.
Property investment in Mallorca still offers excellent long-term value, high demand and strong rental potential in many areas of the island.
If you submitted a Golden Visa application before the legal changes entered into force in 2025, your application may still continue under the previous regulations.
Likewise, existing Golden Visa holders may continue renewing their permits under the established conditions.
As Spanish immigration laws continue evolving, it is strongly recommended to seek professional legal and immigration advice before making investment or relocation decisions.
At Pollentia Properties, we continue helping international clients find the right property and understand the best residency options available in Spain today.
Whether you are interested in relocating permanently, working remotely from Mallorca, retiring in the Balearic Islands or investing in a second home, our team can guide you throughout the entire process.
Mallorca remains one of Europe’s most desirable destinations to live, invest and enjoy an exceptional Mediterranean lifestyle.
If you are considering moving to Mallorca or purchasing a property on the island, Pollentia Properties can help you discover the best opportunities and connect you with trusted legal and immigration professionals.
Start your new life in Mallorca with expert local guidance.
