In this article we analyse the situation of people from countries which are not EU member states, and who move to Spain to reside on a temporary or permanent basis. We also give a simple overview of the basic procedures to be able to reside in Spain.
Living in Spain for a period of not more than 90 days is known as estancia (a visit) and when the period is over 90 days it is called residencia (residence).
Residence can be of short or long duration. In order to acquire legal residence certain criteria must be complied with and administrative authorizations obtained, and for these you will need a passport or identity-accrediting travel document, VISA or ID card, as applicable.
Continue reading “VISIT AND RESIDENCE IN SPAIN AS NON-EU NATIONALS”
Quite often we get enquiries from someone who has bought a second home in Spain with their partner, friends or family, and who for various reasons cannot or does not want to continue with their co-ownership.
If you have bought a property off-plan, or are thinking of buying one, you need to be aware that the law in Spain changed in 2016 and this might affect you.
The right of entry and departure, free circulation, stay, residence, permanent residence and work in Spain for citizens of other EU nation states, and those states which are part of the European Economic Area, is regulated by Law Real Decreto 240/2007, of 16 February modified by Real Decreto 987/2015, of 30 October.
Once we have taken the decision to sell our second home, we ask our advisor how much tax we will have to pay on the profit or capital gain, assuming there is one. Indeed, in some cases the Ayuntamientos punish taxpayers (i.e. vendors) with an unexpected and excessive municipal tax on a non-existent gain when the vendors are selling their property for the same price they paid for it years previously.