Spain is the third country in Europe, after Portugal and Cyprus, to introduce a Golden Visa residence permit for non EU nationals. The objective of the law is to stimulate foreign investment in Spanish real estate, public debt, and job creation. It is also intended to stimulate demand for Spanish property. This law enables non-EU nationals to get qualified residency permits in return for investing
in Spanish real estate (and other assets), leading to permanent residency in Spain if certain conditions are fulfilled. Spanish residency, and the ability to travel freely in Europe as a consequence, will be a major attraction for many non-EU investors. Added to which, Spanish property prices have crashed into bargain territory, creating some excellent investment opportunities. It’s an attractive combination of residency and bargain prices for investors from outside the EU. This page is brought to you by LPG (Leading Property Group) Spain, a professional real estate association based on the Costa del Sol of southern Spain. Contact us if you are seeking a property purchase in Spain in order to obtain a residence permit, or read below for some questions and answers about obtaining a golden visa in Spain:
http://www.leadingpropertygroupspain.com/en/2013/10/qa-spanish-golden-residence-visa/