|
#91713 - 11/19/12 10:54 PM
Permanent Residency in Spain with Home Purchase
|
Executive Member
Registered: 05/06/00
Posts: 9080
Loc: Madrid, Spain (was Columbus, O...
|
Latest Blog Entry: " Permanent Residency in Spain with Home Purchase" "SALE: Buy a House in Spain and Get Permanent Residency for Free!" I can hardly believe it myself. Today, Trade Ministry secretary Jaime García-Legaz announced a plan to offer PERMANT RESIDENCY in Spain with the purchase of a home over 160,000 Euros. Wow! That's not a bad price for all those foreigners pining to live and work legally in Spain. Although the plan has yet to be approved, it is expected to happen in the coming weeks. Primer Minister Mariano Rajoy said just today, Monday, "We need to sell these homes", referring to the more than 700,000 unsold homes following the 2008 real estate collapse, in order to help revive the construction industry. ( Read on, McDuff...)
_________________________
Visit BarcelonaMan.com for Barcelona information, Transportation, Lodging, & much MUCH more! Curious about what could POSSIBLY be inside the brain of MadridMan? Visit MadridMan's Madrid Blog
|
Top
|
|
|
|
#91722 - 11/20/12 09:22 AM
Re: Permanent Residency in Spain with Home Purchase
[Re: pedmar]
|
Full Member
Registered: 02/09/10
Posts: 132
Loc: utah transplant
|
What does it mean to 'loose residency'? Not being able to vote? What else?
|
Top
|
|
|
|
#91724 - 11/20/12 11:02 AM
Re: Permanent Residency in Spain with Home Purchase
[Re: jacmom]
|
Executive Member
Registered: 05/06/00
Posts: 9080
Loc: Madrid, Spain (was Columbus, O...
|
What does it mean to 'loose residency'? Not being able to vote? What else? Is that term, "loose residency" used in the article? I don't recall that, but will look. We don't know the details yet and "how deep" the Spanish Residency designation goes, but I'm anxious to find out. It'd be kind of pointless to have residency without the legal right to work, have access to public healthcare, and be able to send your kids to public schools. Saludos, MadridMan
_________________________
Visit BarcelonaMan.com for Barcelona information, Transportation, Lodging, & much MUCH more! Curious about what could POSSIBLY be inside the brain of MadridMan? Visit MadridMan's Madrid Blog
|
Top
|
|
|
|
#91731 - 11/20/12 07:33 PM
Re: Permanent Residency in Spain with Home Purchase
[Re: MadridMan]
|
Full Member
Registered: 02/09/10
Posts: 132
Loc: utah transplant
|
Sorry, I was not clear. I was talking about losing residency in your home country. I think it was mentioned in the blog that you would retain citizenship in you home country, but would not have residency in the home country if you have Spanish residency. Maybe I'm just confused, certainly would not be the first time! Haha
|
Top
|
|
|
|
#91739 - 11/22/12 08:31 AM
Re: Permanent Residency in Spain with Home Purchase
[Re: jacmom]
|
Junior Member
Registered: 03/10/11
Posts: 12
|
Sorry, I was not clear. I was talking about losing residency in your home country. I think it was mentioned in the blog that you would retain citizenship in you home country, but would not have residency in the home country if you have Spanish residency. Maybe I'm just confused, certainly would not be the first time! Haha I think certain countries have deals with Spain on this theme. As I understand it; although I am officially recognised as residing in Spain, if I wanted Spanish nationality, I would need to renounce my UK citizenship. I think residency here is simply referring to the right to reside.
|
Top
|
|
|
|
#91811 - 12/23/12 03:47 PM
Re: Permanent Residency in Spain with Home Purchase
[Re: pedmar]
|
Full Member
Registered: 01/13/04
Posts: 56
Loc: Charlotte, N.C., USA
|
Just curious... any updates on this? Did they approve it?
_________________________
www.sandboxceos.comTravel products for children and their families that foster independence, organization, creativity and FUN!
|
Top
|
|
|
|
#91813 - 12/24/12 06:49 AM
Re: Permanent Residency in Spain with Home Purchase
[Re: Chus]
|
Executive Member
Registered: 02/26/06
Posts: 1445
Loc: Morbihan, France
|
|
Top
|
|
|
|
|
0 registered (),
2865
Guests and
8
Spiders online. |
Key:
Admin,
Global Mod,
Mod
|
|
|