The long-expected legislation conceding non-EU nationals’ aut omatic Spanish residency if they invest in Spanish economy or property is now approved.
Accepted by the Spanish Parliament, it now opens the door to thousands of potential investors. The new legislation states that investors outside of the European Union, who invest €500,000 or more in property or land, will now be permitted to apply for a residence permit and live legally in Spain for two years, with the option of renewal every two years. Read More
