Has the international situation with Covid created business opportunities in Spain for investors?
Based upon the recent pandemic and it´s international effects which have disrupted the global economy, is now a good time to invest in Spain?
In this regard, our answer is yes, it most certainly is!
History demonstrates that times of economic recess produce less demand and allow for opportunities of investment at lower prices reflective of this demand. In general this slowdown creates conditions which are more favourable to the investing party.
The effects of the pandemic are currently effecting Spain on an economic level which are progressively producing these conditions.
It is our opinion that the Spanish economy will take little time to rebalance with an economic return to its previous strength.
Please see the following video with further information…
Permanent residency is obtained after 5 years of Spanish Residency through Self-Empoyed Residency or Non-Lucrative Residency or Residency through Investment. This followed by 5 years as a permanent resident and means you can then obtain Spanish Citizenship with a Spanish Passport.