Effect Of Brexit On Expats In Spain?
- Víctormanuel Paz
Brexit vote could influence Brits’ entitlement to live in Spain British expats could relinquish their rights to live in Spain in the event that they vote to leave the EU, the Spanish leader has cautioned, saying swearing off free development rights would be ‘negative for everybody’.
What is the easiest European country to get permanent residency?
What will Brexit mean for UK expats in Spain?
Portugal – Portugal is one of the easiest countries to move to if you have enough money. Its Golden Visa scheme allows you to apply for permanent residency after five years. Then you are eligible to apply for citizenship if, after five years are over, you have spent 35 days in Portugal.
However, to get this visa, you need to purchase real estate valued at $500,000 or invest $350,000 in an urban generation area property, among other investment options. Moving to Portugal is highly attractive to expats for several reasons, one being the possibility of having an EU passport after just five years and traveling visa-free in the Schengen countries.
It also offers excellent educational opportunities and access to free health care. Many other countries similar to Portugal offer immigration opportunities via a Golden Visa:
- UK Investor Visa
- Dubai Investor Visa
- Ireland Investor Visa
- US Investor Visa