Legal

Since the €500,000 real estate visa ended, securing residency in Spain is no longer about a massive upfront investment, but rather proving financial stability. For a Non-Lucrative Visa, a US couple currently needs to show roughly €40,000 in annual passive income or savings to legally reside in Mallorca. Shifting from "Investment" to "Income" When American buyers ask about "investing for residency,"...

The real estate investment route for the Spanish Golden Visa officially ended in 2025. You can no longer obtain Spanish residency simply by purchasing a €500,000 property. However, US citizens still have highly accessible and popular pathways to live in Mallorca, such as the Non-Lucrative Visa or the Digital Nomad Visa. The Reality of the Golden Visa in 2026 For over a decade, the "Golden Visa" was the...

As of April 2025, Spain officially abolished the Real Estate Golden Visa program. You can no longer obtain Spanish residency simply by purchasing a property worth €500,000. However, US buyers can still secure residency through alternative routes like the Non-Lucrative Visa or Digital Nomad Visa. The End of the Real Estate Route For over a decade, the Golden Visa was the primary path for Americans buying...

No, you do not need a visa to buy a house in Spain. As a US citizen, you can purchase, own, and sell Spanish real estate using only your US passport and a Spanish tax number (NIE). However, you do need a visa if you plan to live in that house for more than 90 days at a time. Buying Property vs. Living in Spain It is crucial to separate the act of buying the property from the act of residing in it. The...

Yes, a US citizen can absolutely buy property in Mallorca. There are no restrictions on Americans owning real estate in Spain, whether it is a beachfront villa or a rural country house. You have the exact same property rights as a Spanish citizen. Understanding the Buying Process for Americans Spain is highly welcoming to foreign investment, and the process for an American citizen is straightforward,...