Tag: Foreigners

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Foreign residents in Spain in exchange for real estate investment

Foreign residents in Spain in exchange for real estate investment

Foreign residents in Spain in exchange for real estate investment

Foreign residents in Spain in exchange for real estate investment

Holidaydream news

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.

Where to buy housing foreigners in Spain?

Where to buy housing foreigners in Spain? - Holidaydream real estate - News

Holidaydream Real Estate

Where to buy housing foreigners in Spain?

Holidaydream Real Estate News

Home ownership by foreign citizens continued to rise in the first half of the year, 39,666 foreigners bought homes, 17.5% of the total in this period.

Comunidad Valenciana (34.1%) where the weight of the purchases by foreigners has been more important over the total.

The Mediterranean and specifically the Costa Blanca coast remains the favorite place for foreigners to buy a house, either as as a holiday home, second home or retirement ‘in paradise’.