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How easy is it to buy property in Spain?

How easy is it to buy property in Spain?

How easy is buying property in Spain for foreigners? ³ There are no special requirements or paperwork for foreigners wishing to buy property in Spain, so you shouldn’t have any issues. In fact, foreign investment in Spanish property was traditionally encouraged by the government.

Does buying property in Spain give you residency?

If you buy property in Spain you can get a Spanish residency permit (this is the correct bureacratic terminology for Spain’s golden visa), which allows you to live in Europe. The only challenge is the paperwork, and you must invest at least 500,000€. Keep reading to learn the details.

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Can I still buy property in Spain after Brexit?

Whether you are an EU citizen or not, you still have the right to buy property in Spain after Brexit. The costs of buying a property remain the same whatever your nationality and, broadly speaking, include purchase tax, a Notary’s fee, a property registry fee and your lawyer’s fees amongst other miscellaneous expenses.

How much money do you need in the bank to get residency in Spain?

REQUIREMENTS TO APPLY FOR RESIDENCY FROM THE EUROPEAN UNION As an EU resident, you must prove that you have €6,000 in your bank account and that you have a private medical policy. Alternatively, you can get a job offer in Spain and it will work as well. This is easy.

How long can you stay in Spain if you own a property?

90 days
You will be allowed to spend up to 90 days in Spain, and then you must leave the country. You will not be able to return until 180 days have passed since your date of entry into Spain (or Schengen). However, you can divide the 90-day period into two (45 days each) and spend each of them in Spain during the 180 days.

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Can I move to Spain permanently after Brexit?

Can I still move to Spain after Brexit? It is still possible to move to Spain after Brexit, but changes have been made to the process. Anyone who wishes to stay longer must legally register as a resident, and any non-resident hoping to work in Spain, may need a visa or work permit.