Spanish Residency Law – Coming Soon 0
Posted on 20, May 2013
in Category Spain Residency Law
The new Spanish residency law is about to be passed, with the final details expected to be announced in the coming weeks.
We expect that residency will be given to non-EU investors when they purchase a property over the value of €500,000 or €600,000. This law has now been approved, and it is expected to come into force from July this year.
Last year, €5 billion was invested into Spanish property by foreigners, with the majority of that coming from Northern European regions. However, it is widely expected that with this residency new law being passed, we will see a dramatic increase in interest from Russia, China, India and the Middle East.
Spain Residency Property, is a new service launched to help non-EU investors quickly and easily get residency in Spain. Our service is holistic and will offer full support to its investors every step of the way, from finding the perfect property, to providing legal advice, and ultimately assisting with the Residency application. Please register now to keep up to date with this new Spanish residency law.