Can I Get Residence in Spain if I Buy a Property?

Yes, it is possible to obtain residence in Spain through the purchase of a property. There are different types of visas and residence permits that allow non-European Union citizens to reside in Spain, and one of them is the non-lucrative residence permit.

The non-lucrative residence permit is granted to people who do not wish to work in Spain but who have sufficient means to reside there without working. The purchase of a property can demonstrate that the applicant has the necessary economic means to live in Spain without working.

In addition to the purchase of a property, there are other requirements that must be met to obtain a non-lucrative residence permit, such as having medical insurance, demonstrating a lack of criminal records, and proving sufficient income. The requirements may vary depending on the region of Spain in which the residence permit is requested.

It is important to note that the process of obtaining a non-lucrative residence permit can be lengthy and may require a significant amount of documentation and procedures. If you are interested in applying for a residence permit in Spain through the purchase of a property, it is advisable to seek legal and immigration advice to ensure that you meet all the requirements and to assist you with the process.