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July 12, 2021

Spanish Real Estate Sales are 91% higher than last year

One of the most profitable investment options of Spanish Residency Program is €500,000 investment in Real Estate. Keeping in mind that recently Spanish house sales already surpassed 2019 levels, the property market is not just recovering from last year’s slow down but is even more active than before COVID-19. Despite the lockdowns and travel restrictions, the data from Spain’s Registrars report showed that April’s house sales were 91% higher than in the same period last year.

About Spanish Residency Program

Spain Residency by Investment program is a perfect choice for acquiring European Union Residency for the whole family. The program provides 4 investment options starting from €500,000 and does not require a mandatory stay, unless the permit holder applies for permanent residency and citizenship.

Spain is one of the most attractive business markets in Europe and provides a set of competitive advantages. Few years ago, the economic growth in Spain stood at 2.6% and continue to grow yearly. The tourism sector is one of the key pillars of the country’s growth.

Spain can be considered as one of the most competitive countries in the EU. It has more than 46 million inhabitants and represents one of the top economies in the EU. Foreign investors can benefit of full access to the larger European consumer market, as well as access various aid programs applicable in the EU.

Program Benefits

With a minimum investment of €500,000, the Spanish residency program, grants applicant an initial 2-year residency permit that can be renewed every 5 years after the expiration and let’s apply for citizenship after living in a country for 10 years. It is not required to live in Spain to maintain and renew Residency Permit, however permanent residency and citizenship route requires the applicant and applicant’s family to reside in Spain. Besides, the program lets travel to Schengen Zone for 90 days without a visa and work in Spain.

Investment Options

Become a resident of Spain by choosing one of the following four qualifying investment options. The minimum investment period is 5 years.

  1. Real Estate Investment €500,000

€500,000

acquisition of property starting from €500,000

5 years

Minimum investment period

  1. €1,000,000 Shares or Businesses

5 years

Minimum investment period

The applicant has to invest in shares of Spanish companies

  1. €1,000,000 Bank Deposit

€1million

The applicant has to make a bank deposit account and transfer €1million to a Spanish bank account

Minimum 5 years investment period

  1. €2,000,000 Government Bonds

€2 million

The applicant has to invest €2 million into government bonds

5 years

Minimum 5 years investment period

LONDON BASED SOLUTIONS ADVISERS – Spanish Residency Program

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

Property virtual tours, 3-D tours and in-person tours available.

Due diligence checks and additional property checks completed by our experts.

Residency & Citizenship document preparation and submission.

Full support until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.

Photo by VJ Von Art on Unsplash