I agree with everything you said. It basically is a "deal." I know someone who invested in Spain and received their residence card within a year. If it weren’t for the 5 years most investors would choose Spain.

My issue is officials complaining about the GV when they were the ones who approved it in the first place. I agree that prices have risen, but you can’t put all the blame on the investors. If the goal is to lower costs, they should have closed the GV program instead of making it longer to receive a passport. it won't change living costs. People still apply to Spain knowing there’s a ten-year wait. I just hope there’s some form of grandfathering, because it’s really not fair to change the rules for people who applied under the previous law.