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Residence permit in Spain when buying a property over 500 thousand euros

Residence permit in Spain when buying propertyin 2013 in Spain passed a law to foreign citizens who automatically receive a residence permit in Spain when purchasing real estate more than 500 thousand euros, and it may be more than one villa, and several apartments, as facilities cost added up. The first proposal is designed for Russians and Chinese citizens.

Also get a residence in Spain with a residence permit without the right to work with the right of prolongation pointing to his account in a Spanish bank in the amount of 40 000 1-th person. On each subsequent family member + 10 000 euros. For example a family of 4 people to get a residence you must show about 70 000 euros.


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