Spain

Located on the Iberian Peninsula in South Western Europe, Spain is a member of the European Union, Eurozone and the Schengen Agreement. Spain is also a member of the United Nations, the OECD and NATO. It is a developed country with the thirteen largest economy in the world by nominal GDP and has high living standards with the tenth-highest quality of life index rating in the world.

Spain is the third most popular tourist country in the world, and it is not hard to see why. Every region has its own characteristics which are still very much influenced by the different cultures, languages, and geographies of the separate kingdoms that once ruled them, which in addition to all, the sun, sea and sand, explains why it is such a fascinating and popular holiday destination.

On the 27th September 2013, the Spanish Government introduced Law 14/2013, in support for entrepreneurs and internationalization, to give non-EU citizens and members of their families the opportunity to obtain a Spanish Residence Permit in exchange for carrying out Real Estate investments in Spain whose value exceeds € 500,000 Euros. The purchase can be made by an individual or through a legal entity (company) that is 100% owned by an individual but in either case, the purchase must be in full and free of any charge (without using a bank loan or mortgage).

The Spanish Residence Permit is granted indefinitely but will require the Owner to visit Spain once each year to renew and to receive the replacement EU National Identity Card.