Resolution criteria

This market will resolve based on the final official count of individuals granted legal status through the 2026 extraordinary regularization program in Spain, as reported by the Spanish Ministry of Inclusion, Social Security, and Migration or the official summary of the process published in the Boletín Oficial del Estado (BOE).

The market will resolve to the numerical value (rounded to the nearest thousand) provided in the final government report once the program has concluded and all applications have been processed. If no final official figure is released, the market will resolve to the most reliable estimate provided by an official governmental body or a trustworthy newspaper.

Background

On April 14, 2026, the Spanish Council of Ministers approved a Royal Decree (Real Decreto 316/2026) to implement an extraordinary regularization process for undocumented migrants living in Spain. The program provides a pathway to legal residence and work authorization for individuals who can prove they were residing in Spain before January 1, 2026, have maintained continuous residence for at least five months, and possess a clean criminal record.

The application window for this program opened on April 16, 2026, and closed on June 30, 2026. The government initially estimated the measure would benefit approximately 500,000 people, though various independent estimates have suggested potential figures ranging higher. By early May 2026, officials reported that over 200,000 applications had been filed in the first two weeks. This initiative is the first mass regularization program in Spain in nearly two decades.

This description was generated by AI.