The Spanish government faces significant challenges in its attempt to abolish the golden visa program, as lack of support in Congress complicates legislative progress.
Spanish Housing Minister Isabel Rodriguez withdrew an amendment to cancel golden visas from the Ley del Suelo due to insufficient Congress backing, revealing political hurdles.
Despite attempts to attach the golden visa annulment to the organic law on judicial efficiency and consumer protection, the bill's numerous amendments hinder progress.
The uncertainty surrounding the potential end of the golden visa scheme leaves foreign investors anxious while the political situation in Spain remains unstable.
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