๐๐ฉ๐๐ข๐ง’๐ฌ ๐๐จ๐ฅ๐๐๐ง ๐๐ข๐ฌ๐ – Due to lack of foresight from the authorities to arrange specific post Brexit residency provisions, the Brits, currently have similar rights to Spanish residency as the Bolivians or Bangladeshis.
You couldn’t make it up. ๐ก
Seems what was a fairly lame uptake at first when it was launched in 2013, now everyone is talking about the Golden Visa, especially with the British buyers in mind. ๐
Let’s face it – against all odds – the Brits are still the principal foreign buyer nationality on the Costa del Sol and in Spain as a whole, accounting for roughly 1 in 10 sales of all sales to foreigners in Spain in Q2 2021 (Registradores).
๐ But is it a viable option for non-Europeans seeking residency in Spain?
In just 12 minutes, Marbella-based lawyer Alex Radford tells us who it’s for, how much money one needs to qualify, what documentation is required, how long it takes to get one and offers some handy tips on how to best go about it.
Timestamps
0:00 – Intro
0:36 – Current situation regarding Spanish residency
01:30 – Spain’s Golden Visa explained
01:55 – Requirements
02:23 – Documents needed
02:52 – Financial resources required
03:48 – Who can apply?
04:00 – Where can you apply for it?
05:06 – Cost of application
05:21 – Renewal conditions
06:16 – How long does the application process take?
07:26 – Importance of buying the property in 1 name only
08:31 – Working in Spain
09:02 – Becoming a tax resident
10:45 – Is Spain’s Golden Visa recommended for UK citizens?
11:42 – Does it apply retrospectively?
11:57 – Other options for UK residents?
To find out more about obtaining Spanish residency or the Golden Visa scheme:
Visit:
or:
enquiries@legalservicesinspain.com
โ uk: +44(0) 203 807 4044
โ spain: (+34) 951 820 099
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Alfredo Bloy-Dawson, Marketing Consultant specialising in the Spanish Real Estate sector
Bloy-Dawson Consulting