Foreign demand for homes on the Costa del Sol was up 33pc in the first half of the year, according to figures from the notaries, reported by the regional authorities. Elías Bendodo, President of the regional Tourism body and the Provincial Council in Malaga province, has revealed that foreigners bought a total of 3,260 homes
Since the new law has been passed by the Spanish government allowing non EU nationals to obtain a Visa in Spain upon purchasing a property or properties to the value of at least 500.000 Euros, applicants who qualify and obtain the Visa will be able to travel freely throughout the Schengen zone. They can transit
The bill giving residency permits to property investors from outside the EU has been published in the official gazette (B.O.E) and is now law. The law has been approved by Parliament, signed by the King, and published in the official gazette, called the Boletin Official del Estado (BOE), which means it is now in force.
The Senate in Spain last week approved the final draft that will allow non EU nationals to obtain a residence permit if they purchase property in Spain to the value of 500.000 Euros or more. This draft will now go before the Spanish Congress for final approval and once passed, will be published in the