THE ending of the golden visa scheme in Spain has been met with a wave of criticism, particularly in high-value areas like the Costa del Sol. Prime Minister Pedro Sanchez announced yesterday that the programme, which grants foreigners residency when they buy a home for €500,000 or more, is to be scrapped. The socialist PSOE leader cited ‘too much property speculation’ in the biggest cities, amid fears that the scheme allowed ‘dirty money’ to flood the market from the likes of China and Russia. But property experts have since said such views are misguided, given the fact that there have
