Editorial: La Vanguardia

• The Council of Ministers approved the abolition of golden visas, following recommendations of the European Union.
• These visas were introduced by Mariano Rajoy's government in 2013 to attract foreign capital through real estate purchases and investment in financial assets.
• A total of 14,600 non-EU citizens have obtained legal residence in Spain through golden visas.
• The government will suspend the condition of buying a house of more than 500,000 euros to fight property speculation.
• It is argued that the abolition of these visas will have little impact on housing prices.
• The government's goal is to promote the massive construction of homes in Spain to alleviate the housing problem.

Conclusion: Abolition of the golden visas is a measure designed to combat property speculation and promote housing construction, though it does not entirely solve Spain's housing problem.

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