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#91712 - 11/19/12 08:58 PM SPAIN: Residency for Foreigners who Buy Houses
MadridMan Offline


Executive Member

Registered: 05/06/00
Posts: 10011
Loc: Madrid, Spain (was Columbus, O...
Wow. This is GREAT news for those whom MIGHT want to/be able to buy property in Spain: Spain: Residency for foreigners who buy houses.

Quote:
Looking for a new place to call home? Spain is hoping to give you a little bit more than a welcome basket of baked goods if you decide to move there. In an attempt to reduce the country's bloated stock of unsold homes, the government is set to offer permanent residency to any foreigner provided they buy a house or apartment worth more than (EURO)160,000 ($200,000).


PERMANENT RESIDENCY!!!!!!!!! yeah partypair clap

NEW BLOG ENTRY: "Permanent Residency in Spain with House Purchase"

Saludos, MadridMan
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#91715 - 11/20/12 04:30 AM Re: SPAIN: Residency for Foreigners who Buy Houses [Re: MadridMan]
pedmar Offline
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Registered: 02/26/06
Posts: 2336
Loc: Morbihan, France
and thats a bargain prices for the ones I have seen in Madrid....the invasion in reverse lol!!!
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#91719 - 11/20/12 07:07 AM Re: SPAIN: Residency for Foreigners who Buy Houses [Re: pedmar]
jazz Offline
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Registered: 05/28/08
Posts: 434
Loc: Madrid
In the end, Madrid city will be a china town

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#91736 - 11/21/12 07:56 AM Re: SPAIN: Residency for Foreigners who Buy Houses [Re: jazz]
pedmar Offline
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Registered: 02/26/06
Posts: 2336
Loc: Morbihan, France
naah Jazz it look that way now lol!
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#92538 - 09/20/13 07:31 AM Re: SPAIN: Residency for Foreigners who Buy Houses [Re: MadridMan]
Rauleml Offline
Junior Member

Registered: 09/19/13
Posts: 1
there is a new law giving citizenship to foreigners buying property in Spain.


Edited by MadridMan (09/20/13 12:53 PM)
Edit Reason: removed promotional information. Private message sent.

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#92540 - 09/20/13 12:57 PM Re: SPAIN: Residency for Foreigners who Buy Houses [Re: Rauleml]
MadridMan Offline


Executive Member

Registered: 05/06/00
Posts: 10011
Loc: Madrid, Spain (was Columbus, O...
Originally Posted By Rauleml
there is a new law giving citizenship to foreigners buying property in Spain.


I don't think that's correct, Rauleml. The proposed law was supposed to give RESIDENCY, not citizenship. BIG difference.

I can't find any of the law's details online anywhere. Apparently it was passed just a few days ago.

Rauleml, can you provide us with the details here in this thread?

  • Does the residency also offer social security healthcare to those whom own property?
  • Does the residency allow people to work legally in Spain?


I'm guessing NO on both counts, but would like to know where people can get the nitty-gritty details before they buy property in Spain. Thanks!

Saludos, MadridMan
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#92635 - 10/31/13 05:59 AM Re: SPAIN: Residency for Foreigners who Buy Houses [Re: MadridMan]
pedmar Offline
Executive Member

Registered: 02/26/06
Posts: 2336
Loc: Morbihan, France
here is something financial but I think well explained from Baker & Mckenzie Spain in English but its also available in Spanish
http://bakerxchange.com/rv/ff0012aea913abf85afdec8bdd4fa80acf67c8a0#english

some rules voted last month will facilitate residency; good readings ::)
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#92637 - 10/31/13 08:05 AM Re: SPAIN: Residency for Foreigners who Buy Houses [Re: pedmar]
Puna Offline
Executive Member

Registered: 07/07/00
Posts: 1674
Loc: Charlotte, NC. U.S.A.
Pedmar, do you by chance know what the new rules and regs are for the self-employed (internet-based business) with an additional guaranteed monthly income? Your link is, understandably, corporate and/or larger business oriented. Emailing me personally is fine as others might find this less than relevant. smile


Edited by Puna (10/31/13 08:07 AM)
Edit Reason: cos it is early here :)
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#92638 - 10/31/13 01:50 PM Re: SPAIN: Residency for Foreigners who Buy Houses [Re: Puna]
pedmar Offline
Executive Member

Registered: 02/26/06
Posts: 2336
Loc: Morbihan, France
well will try but I am more with the big guys in CAC 40 o IBEX 35...
happy halloween boo!!!
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