For Sovereign Individuals and Their Advisors
Sources say the government is considering two options: Higher real estate investment minimums, or no real estate option at all.
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Más País proposes a reform that “guarantees an effect on the real economy without distorting the real estate market in Spain.”
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Many Spanish speakers in Latin America assume their European foothold should start in Spain. For most, however, Portugal is a better option.
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In an interview with IMI, Orience’s Krista Victorio says she thinks application volume for the Spanish golden visa is poised to take off.
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Spain’s new Startups Law, slated to take effect in January, will bring improvements for more than just digital nomads, writes Oriol Molas.
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In 2019, the ex-president denied reports he had plans to leave Mexico for Spain. Records show he had changed his mind 18 months later.
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Though the Ministry will only confirm the number in December, Spain likely approved its 13,000th golden visa in the second half of last year.
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2022 no doubt holds a long list of surprises in store for the investment migration market. Here are seven changes we already know are coming.
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Following a sharp drop in approvals in the second half of 2020 Spain’s golden visa volumes appeared to be rapidly recovering in H1 this year.
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After a surprisingly strong first half of 2020, the pandemic appears to have caught up with Spain’s golden visa in the second half.
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Though approval volumes were down across the board, the differences in performance varied sharply, from -4% to -92%.
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Juan Antequera: Spanish naturalization is normally a 10-year process. Citizens of Spain’s former colonies, however, qualify in just two years.
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Several hundred thousand UK citizens own homes in Spain, Portugal, and Greece worth enough to qualify for golden visas, retroactively.
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Though things looked grim for Spain’s golden visa this summer, recently released figures show approvals are up 19% in the last six months. A uniquely Spanish rule intended to accelerate bureaucratic processes may be to thank for that.
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“We have proposed to the Government to halve the amount of investment in housing,” says the head of the country’s developers’ association.
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Figures from Spain’s Ministry of Labor shows the country’s golden visa program approved a record 1,422 main applicants in 2019, up from 1,188 last year.
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While stakeholders in other investment migration countries promote their programs actively, the Spaniards don’t. Why, then, are they still so succcessful?
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The record numbers make Spain’s golden visa Europe’s second most popular such program in H1 2019, surpassed only by Greece.
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Adjusting for differences in minimum requirements, you’ll get three times as many square meters in the cheapest market as in the most expensive.
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Following a record first six months of 2018, approvals slumped in the second half. But the program still raised nearly a billion euros last year.
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