The Spanish Government adopted a law on residence permits to foreigners who bought property whose value exceeds EUR 500000, or those who have invested in the country’s economy a minimum of EUR 2000000.
Just as the RESIDENCE PERMIT is issued to foreign citizens who have made a significant contribution to the commercial projects, creating jobs in Spain, as well as in science and technology innovation.
Another way for obtaining of PTR — be « » highly qualified expert, as part of the company’s international recognition. The RESIDENCE PERMIT will be issued as foreigners arriving in the country on business interests or to improve their professional level.
The draft was discussed by the Government of Mariano Rajoy. Moreover, the amount of the investment to obtain the RESIDENCE PERMIT is constantly changing. At first it was about EUR 160000, then about 250000 euros. In the end, six of the ministries participating in the discussion of the Bill, approved investment amount, sufficient for obtaining a residence permit — 500000 euro. During the first trimester of the year 2013 foreigners 15% were bought sold real estate in Spain, and, thus, thanks to foreign investors, the Government hopes to reduce the « drain » not sold.
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