Golden Visa through a real estate investment
Are you a non-EU resident and thinking about obtaining a Golden Visa through a real estate investment in Spain? The lawyers of C&D Solicitors in Malaga on the Costa del Sol in Andalusia are specialized in property law for international buyers. Therefore we´d be happy to assist you in both the purchase process and obtaining your Golden Visa permit if you meet the official requirements.
What are the benefits of having a Golden Visa?
People with a non-EU nationality aren´t allowed to be in Spain for more than three months and the advantages of tourist or work visa are time limited. The Golden Visa, however, gives investors from for example the United Kingdom, the United States, Canada, China, the Middle East, etc. the freedom to live, work or be self-employed in Spain. The initial permit of 2 years can every time be prolonged for 5 more years.
How to obtain a Golden Visa through a real estate investment?
There are several ways for foreign investors to obtain the Golden Visa and by far the most popular option is through a real estate investment. The most important requirement is that the net investment amount -so deducting any potential mortgage loan- needs to be over € 500.000. Depending on your exact situation it´s also possible to include family members in your permit. For more information and the exact requirements of the Golden Visa application we recommend you read our complete article.
The advantages of luxury real estate investments on the Costa del Sol
After the worldwide real estate crisis of 2008, the Spanish state introduced stricter rules and regulations to protect the market and its buyers. The measurements have had a favorable effect because the Spanish property market has been stable ever since. Due to Spain´s ideal climate, good infrastructure and the large tourist sector, the demand for holiday homes and second residencies has been significant, especially on the Costa del Sol in Andalusia.
For several decades now the local authorities have successfully stimulated the development of top-market real estate to attract wealthy international investors of all kinds and nationalities. This makes the Costa del Sol the ideal place to invest, especially in times when the trade and currency market find themselves under a lot of pressure. Some of the most popular towns for more expensive real estate are:
- Marbella
- Estepona
- Benalmadena
- Fuengirola
- Benehavis
- Malaga
- Nerja
- Almuñecar / La Herradura
Real estate lawyer for your luxury investment with Golden Visa
C&D Solicitors is accustomed to guiding foreign clients through the process of buying a house in Andalusia and the Costa del Sol. This applies to all kinds of real estate, so urban real estate, rustic property and also new build promotions, with or without a Spanish mortgage. Our English-speaking lawyers and colleagues will guide you through the total process of buying a property. We´re of course also happy to investigate the possibilities of obtaining the permit of the Golden Visa through a real estate investment.
