It is known by all residents and visitors to Marbella is the jewel of the so-called Costa del Sol is therefore that has become to be a new trend which no one wants to escape, being one of the destinations where develops. After have been called “Visa Gold” to allow the foreigners in Spain , a total of 830 residents. Most of them, around 690, luxury to buy it. While homeowners are mostly from Russia, China and the Arab countries are the United States, which provides the business in the real estate.
What is required to buy a property in Spain as a foreigner?
Named Visa payment is created for Foreign Affairs attract investors lower prices forthe residential apartments of luxury and from outside the EU, or €500,000 (excl. taxes) or allocate 200 million euros to buy the public debt or that they do, in ten thousand euros of actions as well as those to boost business projects. The Government hasnow prepared an investment of softening granted in Spain Exchange (ratified in 2013) changes in the eligibility requirements for a residence permit system and extending beneficiaries living together or children older than 18 years.
For investors there have been 730 residence permits, which corresponds to more than one dozen of call venture “general interest”, and 29 is due to capital investments and 490 are considered to be the buyers of high quality, especially in Madrid, in the residential area of luxury in Alcobendas and suai Luo Alarcón wave, but also in Barcelona and Malaga and the Balearic Islands as the main coastal region complex.
Besides them licenses related with the investment, also is has given to 82 entrepreneurs that live, there are 1,231 professional highly qualified, 369 researchers, 907 and 2461 due to the movement inner of them family. For those interested in houses for sale in Spain getting with the best real estate advisor.
How it has been the implementation of this new system of buying property?
In accordance with the “Golden visa” valid administrations balance these 15 monthshas been positive, but has been modified to improve its function, which prevents any authority, technical and legal aspects. Not change any of them conditions economic, to get these rights, not there is protection legal, but from a point of view technical is has paved the road. Starting from now, the program also will benefit of a partner, not only the marriage, them children adults and the economy depends on in ascent. Now, also, these investors can apply directly from the card of residenceSpanish, without need of a visa first step out of them investors.
What to do if you want to buy a house in this country if you belong to a country of the EU?
• If going to buy a property in Spain, also is gets that not completed the acquisition of the property of a visa or authorization of six months , but is has signed a commitment, and it had deposited themoney (in the process of purchase, or can be temporarily Spain). In addition, if the period between the financial investment made, and visa requirements should not bemore than three months, and now extended to a year.
• Another change in the tableis that investors no longer have to visit the country to ask for the renewal of the permit of residence.
• Citizens of non–Community countries may not wish to live in the residence permit for field in Spain , allowing the free circulation of Schengen space. These authorise the renewal of his contract every five years, every two years from now no proof that investment there continues.
• During the period of license management, whether to request an extension, will be living in Spain, until the programis resolved in order to avoid what happened who extend their permission to foreigners and? in the process of taking the time forced to abandon the country.
What other countries have a system similar to the one implemented by the Spanish Government?
Some countries have this type of program (Portugal, Cyprus and United Kingdom) in different forms of attracting investment. In Spain, it has been (almost 370 entrepreneurs and 234 F) investment, the investment of 700 million euros, will be created directly or indirectly the Government estimates that around 12,000 jobs.
The VisaGold that was proposed in 2013, so far has been up to 530 visa, about 490 people, at least the minimum of €500,000 by the property to do so.
Marbella is a destination for world class has a certain prestige; Of those who live there to enjoy impressive Spain and international cuisine, quality beaches and an enviable climate. You can choose the style and property with a spacious apartment located in the exclusive tourist center in the city of charming luxury log cabin outside of jetsetting life, or hiding in the mountains will provide greater privacy protections more rural housing service.
Many people in the zone property overlooking the Eastern Mediterranean or the grandeur of the mountain in the background. Into the sea with spectacular views, opinion, city, complex, lush gardens of Eastern Mediterranean waiting in this vibrant city, located entirely in the Andalusian coast of Sun, Sun Coast area is very safe to live there are many international and excellent levels of education for children of all countries. It is also a popular area, for those who are looking for a place to spend their golden years, reliable and professional care of the elderly, and the hospital is excellent.
So if you, in turn, wants to put in the town and she covered all aspects of the lives of global citizens. Real estate Spain volatility in recent years many companies can be found in all types of properties in Marbella. As urban migration is one of the tributaries of the popular volumes, and supports their demand for the company’s property in Mabe pull may be good investments over the long term.
How does participation or help Spanish banking sector to foreign investment?
It has given the result positively for those interested in real estate investment
What can be expected in the long term this golden visa system?
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Contribution of reader: Knowing the importance for foreigners to learn about the Visa Gold allows them a quick process for the acquisition of property in Spanish territory.