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 the United States, purchasing luxury...
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 quickly encounter the legendary Spanish...
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 Options in 2026 Since the real estate...
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 the DNV was officially introduced, Americans...
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 the real estate investment route...
As a US citizen, you can stay in Mallorca and the entire Schengen Area for a maximum of 90 days within any rolling 180-day period without a visa. This rule applies equally to tourists and property owners. Owning a villa in Spain does not exempt you from this strict immigration limit. Understanding the 90/180-Day Schengen Rule One of the most common misconceptions among American buyers is that purchasing a...
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 multi-million euro villa sight-unseen was rare. Today, it is a standard practice...
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 buyers assume they can simply wire the final purchase funds...
The NIE (Número de Identidad de Extranjero) is a unique, personal tax identification number assigned to foreigners in Spain. As a US citizen, you cannot legally buy property, open a bank account, or even set up internet in Mallorca without this essential nine-digit number. Why the NIE is Your Most Important Spanish Document In the United States, your Social Security Number tracks your tax and financial...
You cannot live in Mallorca year-round using only a US passport due to the 90/180-day Schengen rule. To stay in Spain permanently (365 days a year), you must apply for a long-stay Spanish residency visa, such as the Non-Lucrative Visa, before you relocate. Understanding the Schengen Area Limit Many American buyers assume that if they purchase a home in Spain, they automatically have the right to live in...
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