Spanish govt confirms €500,000 minimum for property residency law

[Nicholas Wallwork]

After months of speculation, the Spanish government has given the go ahead for a new law granting automatic residency to non European Union nationals buying property worth at least €500,000. The law, set to be enacted in the coming months, provides certainty for estate agents in Spain targeting non EU customers, particularly the Chinese and [...]

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[DC]

The law, set to be enacted in the coming months, provides certainty for estate agents in Spain targeting non EU customers, particularly the Chinese and Russians who are increasingly interested in investing in property in Spain.

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