Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitserve
on 09/08/2017, 23:49:50 UTC
In Spain it is also possible to acquire residency (for the owner and direct parents) buying real state for more than 500.000€ (no mortage) and coming at least once every six months.

As a Brit who spends vast amounts of time lurking in Europe I might have to end up bloody doing this unless there are some key assassinations.

Yeah, if this Brexit bollocks doesn't go away I think I'll be surrendering my UK passport for a Spanish one.

Is the 500.000€ property purchase thing for all non-Europeans @bitserve?

I think so. At least it seems many Russians and Chinesse do take it:

http://www.elconfidencialdigital.com/dinero/millonarios-conseguido-residencia-comprar-Espana_0_2344565534.html

But, a 500.000€ property nowadays is a 1.25-2 mill € property of some years ago when we were at the peak of the real state bubble. So the amount requirement is a bit too high currently as it is probably too much for a secondary residence (I think it doesn't need to be your "home", it can be an investment in several properties for renting or whatever that sum 500K).

Oh, there are some additional requirements such as not having criminal records and all that burocracy stuff.

I personally know some (rich) Venezuelan families which took advantage of the offer... plus registering companies here that employ themselves so that they can also access to public health system and all that shit.