Renting: Another Option for Investment for Foreign Nationals in Spain
Act 14/2013 on Support to Entrepreneurs and Internationalization (the “Act”) became effective on September 28, 2013. The Act gives foreign investors the opportunity to live in Spain. Obtaining this residence permit is very advantageous for non-European citizens, and this permit allows them to circulate freely in Member States of the Schengen Area for three months within a maximum period of six months. Additionally, it offers the possibility for the foreign investor’s spouse and minor (under 18) or incapacitated children to obtain the same permit.