Foreign residents in Spain in exchange for real estate investment
The Spanish Government established a couple of years ago in the Law of Entrepreneurs the granting of a visa to those foreigners who make real estate investments (among other possibilities) in our country.
These acquisitions refer to the purchase of real estate with an investment equal to or greater than € 500,000, which has allowed hundreds of foreign citizens to obtain the residence visa and establish here legally after making such investment.
Since 2013, more than 20,000 visas have been processed.
On the other hand, due to the new facilities granted since the middle of July 2016 with respect to the residence permit, there has been an increase in the granting of this visa, since now they are also granted to the families of the future resident.