Legal regime for foreign investment in Spain
Investments by foreign investors in Spain generally require compliance with some administrative requirements and, in some cases, prior authorisation.
Investments by foreign investors in Spain generally require compliance with some administrative requirements and, in some cases, prior authorisation.
The rate of foreign investment in the Spanish real estate sector has grown by 1,4% in 2013 compared to 2012. Moreover, at the same time, the value of Spanish property decreased by 9,46% from the price recorded in 2012. Spain attracts foreign investors who can obtain legal residence and permission to work within Spanish territory by purchasing the property.
To initiate procedures for opening a company or working in Spain, an investor planning to stay or work in the country must consider the provisions outlined in our Foreign Law concerning the establishment, continuation of residence, and the exercise of activities in Spain.