Your Law’s spirit and belief is that of ethical work practice, efficiency and familiarity.
We have offices in the Costa del Sol, Costa Blanca, Alicante, Valencia and we specialize in Real Estate Law & Conveyancing amongst other branches of law. If you are looking to invest in a property in Spain, perhaps an apartment, house or plot of land; we will be very happy to assist you from start to finish. We will ensure your investment is free of hidden fees and debts and that it complies with Spanish Urban Development laws. We will also inform you of your tax duties thereafter, all at the lowest cost possible.
Investors and Non-Profit Residency
NONPROFIT RESIDENCE / ECONOMIC RESOURCES
The non-profit residence was created for those foreign citizens who have resources and income that allow them to reside in Spain without having to develop a work activity.
Consequently, the fundamental requirement to obtain this type of residence is the possibility of demonstrating sufficient economic resources during the period of stay in Spain.
The minimum amount that the applicant must prove is 400% IPREM, which in 2018 is equivalent to € 25,828 per year, for the holder, plus 100% IPREM or € 6,454 per year for each of the members of his family who wish to reside with him .