spain investment immigration

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Immigration Property Investment Spain Residency Visa

While the new law passed through the Spanish parliament last month allows for immigration to Spain and effectively permanent residency by renewing the investor property visa it is not necessary to stay in the country.

An investment of 500,000 Euros entitles the investor to live in Spain by renewing the investor visa every two years. However there is no minimum stay requirement. So anyone buying a property in Spain can travel freely when they want and need only be in the country once every two years in order to renew the visa.

This is a particular attraction for business minded individuals and frequent travellers who want the freedom of travel throughout the Schengen area in Europe granted by the Spanish visa but may not want the immigration benefits for themselves and their family.

We think this is extremely flexible but we welcome your thoughts on how other countries compare for the European investor visa schemes such as Portugal, Cyprus, Ireland and Greece.

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Spain Investment Immigration Visa Limit

Just to clarify, many potential investors have asked about the visa investor limit for the Spanish immigration visa. It is 500,000 Euros and not 160,000 Euros as was originally suggested by the Spanish government in November 2012. The law has now been passed through parliament so it is only property purchases of 500,000 Euros and above that will qualify. There are several old news stories on the web that mention the initial proposal for the limit.