WHY INVEST IN ANDALUCÍA, SPAIN?
Andalucia has long been a prime investment destination for real estate due to its climate, beautiful landscapes, and historical and cultural wealth. By promoting foreign entrepreneurship, Spain has become an advantageous option for foreign property buyers within the EU. Why buy in Spain? Spain intends to strengthen its economy through internationalization and has therefore enacted several laws to promote this objective. Spain's main strengths lie in the flexibility and adaptability of economic operators and in the quality of life it offers. In Spain, the principles of freedom of establishment and non-discrimination apply. Foreign investors can do any activity on the same terms as local investors.
GOLDEN VISA FOR BUYERS / INVESTORS FROM OUTSIDE THE EU
For buyers / investors from outside the European Union, it is good to know that when purchasing property in Spain for €500,000 or more, the Golden Visa grants residency in Spain. As for the purchased property, it can be any type: residential home, apartment, commercial, land, or a combination of different properties. The Golden Visa program can also be offered to unmarried couples.
Please note: Spain plans to end its 'golden visa' scheme which provides residency to overseas property buyers.