We are getting plenty of people looking to buy property in Valencia in order to get their Spanish Golden Visa. For those that don’t know what the Spanish Golden Visa involves it requires an investment of 500k in property in Spain without a mortgage in order to be granted a visa that allows you to move freely through Spain and the other Schengen countries without the requirement to actually live in Spain for more than six months of the year, a requirement of the usual Spanish residency visa. You investment can be on one property or a portfolio of properties to make up the 500k minimum.
The Spanish Golden Visa for non EU citizens has brought many people into Spain from all parts of the World to enjoy free movement around the Schengen area, security for their families and an excellent quality of life in a safe and accommodating country. All around Spain people have been buying up places to live so they can enjoy the rights that a Golden Visa gives them. We have sold many properties to clients as part of a portfolio so they can get the Golden Visa but it is much more common for clients to buy a single property over the threshold of 500k and use that as their base for exploring the rest of Europe
You might have read on these pages before about the Golden Visa offered to non EU residents for investments in property over 500k. If not take a look here. Anyway, other countries also have the Golden Visa and some of them have better deals; lower amount of investment, the investment can include reform costs etc… One of Spain’s competitors in this field are our neighbours in Portugal.
We are constantly asked what are the requirements for non EU citizens for getting residency in Valencia and Spain in general. There are various ways of getting residency including the Golden Visa for non EU nationals of which you can read more below or here at this link. However theContinue reading