Fine & Country Costa Blanca North specialise in the marketing and sale of Luxury and Lifestyle Properties.
Fine & Country Costa Blanca North continues to thrive in a buoyant Spanish market in the first quarter of 2022. In a recent article regarding the Top 16 Countries where investing in real estate earns you the right to reside allowing investors to unlock the classic benefits of real estate assets while prioritising quality of life for their families by increasing the possibilities of where they can live, work, and study, Europe dominates the top five, led by Spain which is ranked 2nd in the overall rankings, bolstered by its economic strength, with the highest score in the GDP parameter.
One of Europe’s most sought-after property investment destinations, Spain offers a range of locations and foreign nationals can invest in residential, commercial, or land acquisition, with no limits. It is also worth mentioning that to obtain a Golden Visa here Spain has no restrictions on where you can purchase real estate, unlike Portugal which from January 2022 this year Portugal has excluded popular regions like Lisbon and Porto. There are also differences in the path to residency and citizenship, particularly in residence requirements. For the Spain Golden Visa to be renewed, you only have to visit the country once a year at the time of the renewal. For Portugal’s Golden Visa, this requirement is seven days in the first year and fourteen days per two years after that. In both countries, permanent residence is offered after five years.