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Permanent residence or citizenship when buying real estate

asks:
I want to buy not expensive housing in Spain or Italy, will I have citizenship or something else, some kind of document, so that I can travel back and forth?

Expert answers (5)

Hello, Hope!
To purchase housing in Spain, you can immediately apply for the so-called NIE (this is a Spanish residence permit, which is issued for a period of 5-10 years). In this case, you will no longer need a visa.
16.04.2020
Good afternoon, in Spain, a gold visa (analogue of a residence permit) is issued when you buy a home from 500,000 euros. Buying a home in the EU does not give the right to obtain a residence permit or citizenship.
28.06.2019
If you buy a house in Spain worth less than 500,000 euros, then you can get a different type of residence permit (not a golden visa). To obtain such a residence permit (it is called NO LUCRATIVA), you need to show your high income in Russia. The more your income, the better, but expect so that could show approximately 35,000 of your annual income. And then you get a residence permit and you can go and call in Spain, when you want. The first period of validity of this type of residence permit is 1 year.
27.06.2019
Good day. After buying a budget property on the basis of a purchase and sale agreement registered in the property register (in Spain this document is called Nota Simple) you can apply for a visa at the embassy of Spain and Italy, namely 180 days of stay per year in the Schengen zone for a period of 5 years old.
27.06.2019
Hello, Hope! When buying low-cost real estate in Spain preferences only when you receive a tourist visa. According to it, you can be in any country entering the Schengen zone for no more than 90 days in the half year.
To obtain a residence permit in Spain, you must buy a property worth more than 500,000 euros. There are also several ways to obtain a residence permit. This is a separate volume topic. You can contact us and we will give you a consultation in more detail.
Sincerely, Eugene.
27.06.2019
Consultation
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Hello, I am a citizen of Uzbekistan. can I buy real estate (with a mortgage with a down payment of 50%, and for cash) in Spain? How will it be with obtaining a residence permit in Spain? I am grateful in advance.
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21 of Mar, Friday 11:00
Foreign real estate Salon: March 21-23 in St. Petersburg! The Great St. Petersburg Real Estate Fair invites buyers and private investors interested in buying properties abroad to a foreign Real Estate Salon. The event will take place on March 21st and 23rd, 2025 at the Expoforum.