Spain’s ‘Golden Visa’ law has been ratified, meaning that owning property in the country will soon be made much easier. The new Residency Law has been given the green light by the Congress of Deputies following its approval in the Spanish senate. After this legislation has been signed off by the king, it will be […]
So, how does foreign residency work in Spain?
Gaining the right of “residency” in European countries is now becoming easier for foreign citizens like Americans, or people from Hong Kong, China and the far east. Late in 2012 the Spanish government decided to provide foreigners residency with certain conditions… Currently European Union nationals already have the freedom to live in Spain, and from […]
Costa Blanca Top of the Charts for sales
Although a decrease in Spanish sales overall – Costa Blanca wins head and shoulders of the other Costa’s … Stronger sales from Jan to Sept 2012 were recorded for the Spanish district of “Alicante” in the Costa Blanca region – having greatest number of property sales by other nationals — the total sales listed are […]
Spanish property prices reaching 2002 levels
The cost of the typical home in Spain now has nearly reached the same price guides set in 2002 according to the latest figures released by the Spain’s housing department. While there have been price rises between 35 to 37% in this quarter, after these figures are readjusted for rising cost of living and other […]
Spain leading the way in UK property sales
According to the recently published “Quarterly Index” report from The Overseas Guide Company, 79 % of British residents were wanting to buy property in the Eurozone during Q3 2012, with Spain leading the trend. RM, editor of The Overseas Guides Business, said: “Let’s not forget, the euro was at a four-year low against Sterling by […]
Cyprus Government lowering VAT to encourage EU buyers
THE HOUSE of Representatives of Cyprus has accepted many tax incentives in order to boost Cyprus economy and attract foreign investments to Cyprus. One of them concernes lessened VAT prices for the non-EU nationals, buying their very first property in Cyprus for personal use. 5 % VAT will apply to EU and non-EU residents, which […]
Paramount Theme Park (Murcia) the latest updates
The base stone for Murcia’s Paramount Theme Park (Costa Calida) was laid last month, as the mega venture took a step close to becoming a reality. The foundation stone laying ceremony for the new Paramount Theme Park in Murcia, Spain, marks the start of the building process, with a view to opening this spectacular theme […]
Property Owners Visa for foreigners proposed by United States
In a bid to bring in even more overseas property buyers to help increase the nation’s housing market and economic climate, abill has been proposed in the Senate allowing foreign buyers a visa valid for 3 years if they purchase a home in the USA. According to the proposed bill, a foreigner will be allowed […]
Top city student investments – Paris leads the way in 2012
Paris has narrowly defeated London to be ranked as the top spot for investors in student property, according to analysis by the Knight Frank. London missed out on the top spot for student real estate due to the high price of living; it is followed by Vienna, Dublin and Barcelona. James Pullan, head of student […]