The procedure for obtaining a residence permit will be simplified in Spain

While the Spanish authorities have only confirmed its intention to simplify the procedure for obtaining a permit soon. The authorities are planning to make it possible to obtain a residence permit for foreigners by buying real estate worth more than 160,000 euros.

It is also known that a residence permit will give the right to live in Spain, but will not give the right to work.

On the basis of: http://www.barcelaw.com/

Expert’s opinion

"Money is the equivalent to output. No product - no money! Spain, Greece are the shining examples of countries where, for various reasons, do not make the product and correspondingly there is no money.

If Greece loafers are just used to live on handouts from the government and now when debt demanded to return they do anything except working - strike, rowdy, require social programs.

The situation in Spain is even worse: the population just degenerates. It simply is not. And those who are do not want to work.

That accounts for Spain to take action.

One of those actions is to attract seasonal workers. Among them there are a huge number of illegal immigrants. In this environment the government can find new people for Spain.

About once every three years, it is declared amnesty for all illegal immigrants. Those three years were fixed on the illegal status of their work, opened a bank account, at the very least to learn Spanish and begin to assimilate - so just give residence permit (residence permit) - and voilà! - You can make Spanish product and pay taxes.

But relief for obtaining residence permits bought property in Spain designed to attract foreign investment into the country in the construction industry and help to sell the unfinished one that had accumulated since the crisis began in 2008, when with 10,000 (ten thousand euros) investor could borrow at a Spanish bank and at the same time build up to ten objects!

Actually this clone of the American mortgage bubble - also contributed to the collapse of the Spanish economy.

Lomakin Yaroslav ( Managing Partner of Honest & Bright Company Ltd)