Since the introduction of the new policy, Spain has undoubtedly become a very popular investment destination in Europe, and the high welfare and quality of life in Europe, as well as Spain's better investment attributes, have attracted many people to Spain to buy real estate investment.
Recently, the following details have been updated in accordance with the Spanish Government's legislation and the updated bill:
There is no residence requirement except for biological information and residence card. In other words, there is no login requirement during the period from applying for the first year D visa to changing the two-year residence permit; by analogy, there is no residence requirement during the period from the two-year residence permit to the five-year residence permit.
That is to say, the residence permit obtained by the investor is a residence permit without residence requirement. Whether it is a two-year residence permit obtained at the beginning or a five-year residence permit subsequently, there is no residence requirement. This change greatly simplifies the application process. From this we can see that the Spanish government has made a lot of efforts to attract a large number of investors to invest in Spain.