Spain’s Congress of Deputies on Thursday finally approved the bill that will put an end to the residency scheme that allows non-EU nationals who buy a Spanish property for half a million euros to obtain residency. Source: The Local Spain
Category: The Local Spain
In order to dissuade landlords from turning their properties into tourist rentals, the Spanish government is suggesting applying 21 percent VAT to vacation rentals that owners will have to pay. Source: The Local Spain
Spain’s government has finally managed to open up the legal route to the golden visa scheme’s cancellation, with reports suggesting foreigners have only until January 2025 to buy a €500,000 property and obtain Spanish residency this way. Source: The Local Spain