The Premier Law team was in Dubai last week to promote the Spanish Golden Visa and our lovely Costa del Sol lifestyle, which from our findings is very well received abroad.
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Looking to relocate to Spain now that the transition period has ended? Then read on to find out the new rules now you are a non-EU citizen...
Aside from the ongoing global pandemic, these are uneasy times for both British expats already living in Spain and those who are looking to buy here in the not-so-distant future due to the UK officially leaving the EU as of 1st January 2020.
The ‘’Sunshine Coast’’ of Spain offers the complete package for the whole family: it is an easy and enjoyable place to set up and run a business, it offers fantastic international schools for children, and even has fun activities for all ages, from golf to water sports to amusement parks and zoos.
So, if you are already lucky enough to own a property here or are thinking of buying one, we definitely recommend relocating and working from home here.
The appeal of buying an off-plan property in Spain is understandable: it’s a great way to invest your money. Not only do you pay less for a home that you normally would, but you also usually get a say in some of the construction and design aspects. There are a large number of both positives and negatives involved in the off-plan buying process that can be hard to navigate, so here are our Top 3 pieces of advice as well as a few pros and cons to have in mind.
The appeal of buying an off-plan property in Spain is understandable: it’s a great way to invest your money. Not only do you pay less for a home that you normally would, but you also usually get a say in some of the construction and design aspects. There are a large number of both positives and negatives involved in the off-plan buying process that can be hard to navigate, so here are our Top 3 pieces of advice as well as a few pros and cons to have in mind.
The process of buying a new-build or off-plan property in Spain differs substantially from buying a resale home, especially when it comes to signing the contracts, so today we are bringing you a brief summary of each step.
Until recently, buying an off-plan property was a great way to secure a bargain but also something to be very cautious about. However, times have changed. These days buyers of off-plan properties benefit from much more legal protection and, as long as all necessary due diligence is carried out, the process is usually a smooth ride.
For some property investors, investing in a new-build can seem like a risky investment. However, thanks to recent updates in Spanish consumer law, if you choose the right Developer the risk involved is minuscule and you will be rewarded with a brand new home at a very affordable price. Does an off-plan home not appeal to you? Some people will take the route of purchasing a resale property, which also has its risks but means they can view the home in person before coming to a decision, as opposed to a show house or digital plans given to them by a Developer.
Some of you may know that ever since Brexit was announced, there has been talk of a credit-card sized green residencia card called a TIE being introduced to replace the NIE that expats need to have when living in Spain. Earlier this month, the Spanish government finally announced its availability. As of 4th July 2020, UK expats living in Spain can now apply for a TIE card, although please know this is not mandatory.
