What happens to my US citizenship if I become a Spanish resident?

What happens to my US citizenship if I become a Spanish resident?

Becoming a legal resident of Spain has absolutely no impact on your United States citizenship. You will retain your US passport, your constitutional rights, and your obligations to the IRS. Residency simply grants you the legal right to live in Spain; it does not change your nationality. The Difference Between Residency and Citizenship Many prospective [...]
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Can I buy a house in Spain through an LLC?

Can I buy a house in Spain through an LLC?

Yes, US citizens can legally purchase property in Spain using a US-based Limited Liability Company or a foreign corporation. However, while buying through an LLC offers privacy and estate planning benefits in the United States, it introduces significant bureaucratic complexity and specific tax implications in the Spanish legal system. Why American Buyers Use LLCs In [...]
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What does a Gestor do in Spain?

A Gestor is a uniquely Spanish professional who acts as an administrative agent and bureaucratic problem-solver. For US citizens moving to Mallorca, a Gestor is an essential partner who handles everything from filing local taxes and registering vehicles to setting up utilities. Translating the Concept for American Expats When US citizens move to Spain, they [...]
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Do I need a Spanish lawyer to buy a house in Mallorca?

Do I need a Spanish lawyer to buy a house in Mallorca?

While not legally mandated by the Spanish government, hiring an independent Spanish lawyer is absolutely essential for US citizens buying property in Mallorca. A specialized lawyer conducts critical due diligence to ensure the property is legal, free of hidden debts, and properly registered. The Biggest Mistake American Buyers Make In the United States, the real [...]
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Digital Nomad Visa Spain vs. Non-Lucrative Visa: Which is better?

Digital Nomad Visa Spain vs. Non-Lucrative Visa: Which is better?

Deciding between the Spanish Digital Nomad Visa and the Non-Lucrative Visa depends entirely on the source of your income and your long-term tax strategy. The Digital Nomad Visa is better for active remote workers seeking tax benefits, while the Non-Lucrative Visa is ideal for retirees or investors living entirely off passive wealth. Navigating Your Residency [...]
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Can I work remotely from Mallorca for a US company?

Can I work remotely from Mallorca for a US company?

Yes, you can absolutely work remotely from Mallorca for a US company by applying for the Spain Digital Nomad Visa (DNV). This highly sought-after visa allows non-EU remote workers and freelancers to legally reside in Spain while earning their income from foreign employers, complete with highly attractive tax advantages. The Digital Nomad Visa Revolution Before [...]
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What is the Non-Lucrative Visa for Spain and how do US citizens apply?

What is the Non-Lucrative Visa for Spain and how do US citizens apply?

The Spanish Non-Lucrative Visa (NLV) is a residency permit specifically designed for non-EU citizens who have sufficient passive income or savings to support themselves without working locally in Spain. It is currently the most popular and straightforward pathway for American retirees and wealthy expats moving to Mallorca. The Post-Golden Visa Landscape With the closure of [...]
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Can I buy property in Mallorca without visiting in person?

Can I buy property in Mallorca without visiting in person?

Yes, you can buy a property in Mallorca entirely from the United States without ever visiting in person. Using a Power of Attorney (POA), a trusted Spanish lawyer can handle the legal due diligence, sign the contracts, and finalize the purchase on your behalf. The Rise of Remote Real Estate Acquisitions Before 2020, buying a [...]
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Do I need a Spanish bank account to buy property?

Do I need a Spanish bank account to buy property?

Strictly speaking, Spanish law does not mandate that foreign buyers have a local bank account to purchase real estate. However, in practice, having a Spanish bank account is 99% necessary for a smooth closing process and absolutely essential for maintaining the property afterward. The Reality of Closing a Real Estate Deal in Spain Many American [...]
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