According to data from idealista, the average price of existing homes in Spain rose by 12.8% year-on-year in May, hitting a historic peak of €2,391 per square metre. Despite the spike, many buyers remain active in the market—partly driven by recent interest rate reductions from the European Central Bank, which have lowered borrowing costs to […]
AdministrationAs the name suggests, Spain’s non-lucrative visa or NLV doesn’t allow you to work, but that doesn’t necessarily mean you’re not liable to pay taxes here. The non-lucrative visa or NLV is a one-year residency visa that allows non-EU citizens to come and live in Spain and is extendable for a further two years. […]
Darren NewSince the news broke that the Spanish government has lodged a draft bill to charge non-EU non-resident home buyers a 100 percent tax, there have been doubts about how much this tax would be. The Socialist government of Pedro Sánchez last week presented a draft law in the Congress which confirmed what the Spanish […]
AdministrationWill foreigners in Spain with non-lucrative visas and those applying for one this year have to show a higher amount of savings and passive income to have the right to live here? The non-lucrative visa (NLV) is one of the main visas non-EU nationals use to reside in Spain. It’s often referred to as the […]
AdministrationSpain’s government has just increased the minimum wage, meaning that foreigners applying for or already on the digital nomad visa will have to show higher monthly earnings. Spain’s Ministry of Labour on January 29th reached an agreement with the country’s main trade unions to raise the minimum wage (SMI in Spanish) by 4.4 percent in […]
AdministrationNestled in the heart of the Costa del Sol, Benahavís is a picturesque Andalusian municipality that has captivated many with its natural beauty and laid-back lifestyle. Famous for its cobbled streets and rich culinary heritage, this corner of Spain offers a distinctive experience for those seeking a blend of tranquillity and sophistication. Discover what it’s […]
AdministrationSpain is the second most visited country in the world, with over 84 million tourists every year. It’s a beautiful country to visit or live in. Gorgeous weather, delicious food, affordable prices, great amenities, and ultra-low taxation (in some regions) appeal to foreigners at large. Many of these tourists decide to settle down and buy […]
AdministrationIf you’re a non-EU citizen planning on retiring to Spain, regardless of whether you’re from the UK, Australia, the US or Canada, there’s now only one choice when it comes to visas that will allow you to reside in the country. It’s a dream for many to retire abroad, most likely somewhere sunny with a […]
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