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How to obtain a mortgage with a Spanish bank
In this article, we will discuss the purchase of property in Spain by way of amortgage for non-residents.
Residence permit in Spain based on property purchase
Since 2014, the law, “On Supporting Measures for Entrepreneurs and Their Internationalization,” has been in effect in Spain. This legislation offers more convenient conditions for obtaining an investor’s residence permit, welcoming foreign investment flows into the Spanish economy. The new Spanish residence program stands out among numerous methods of gaining residency: designed predominantly for residents of non-EU countries, it enables applicants to become permanent Spanish residents by investing at least 500 thousand euros in Spanish real estate.
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