SPAIN
Spain offers sunny beaches, vibrant cities, and a warm, welcoming culture. Whether it’s Madrid’s bustling vibe, Barcelona’s modernist charm, or the laid-back Costa del Sol, Spain caters to all tastes. Plus, it’s more affordable than many Western European countries, especially for retirees and expats.
Visas and Residency
EU citizens can move freely to Spain, while non-EU citizens need a visa for stays over 90 days. Popular visa options include the non-lucrative visa, ideal for retirees or those with passive income, or the Golden Visa if you plan to invest €500,000 or more in property. After five years of residency, you can apply for permanent residency, and after ten years, citizenship.
So, Is Portugal for You?
Spain’s property market is as diverse as its culture. Coastal properties in places like the Costa Blanca and Costa del Sol are popular with expats but can be pricey. In contrast, inland areas, such as Extremadura or Castilla-La Mancha, offer incredible value for money. Before buying, it’s essential to hire a local lawyer to navigate property taxes, registration, and local rules, like ensuring your home is legally compliant with urban planning laws.
Property taxes include the IBI (property tax), transfer taxes, and stamp duty, which are important to factor into your budget.
Cost of Living
Spain is more affordable than many other European countries. Major cities like Madrid and Barcelona are pricier, but outside these urban areas, the cost of living drops significantly. Rent, groceries, and dining out are all more affordable in smaller cities or rural regions. A couple can comfortably live on €2,000–€2,500 per month, including rent and utilities, in many regions.
Healthcare In Spain
Spain has an excellent healthcare system, consistently ranked among the best in the world. Residents can access public healthcare through the Sistema Nacional de Salud (SNS), but many expats opt for private healthcare due to shorter wait times and access to English-speaking doctors. Non-EU citizens must have private health insurance for their visa applications.
EU citizens can use the EHIC card for short stays, but it’s recommended to sign up for the Spanish public system once you’re a resident.
Learning the language
While Spanish (Castellano) is the official language, many regions have their own languages like Catalan, Galician, and Basque. In larger cities and tourist hotspots, English is widely spoken, but learning basic Spanish is essential for navigating daily life, especially in smaller towns and for administrative tasks. It also helps with making local friends and fully integrating into the community.
transportation
Spain has an excellent public transport system. Buses, trains, and metro services are affordable and reliable, especially in big cities. The high-speed train (AVE) is a fantastic option for travel between cities like Madrid, Barcelona, and Seville. If you live in rural areas, owning a car may be more convenient, and you’ll need a valid EU license or a Spanish one (if you’re from outside the EU).
Taxes and Finances
If you reside in Spain for over 183 days per year, you’ll be considered a tax resident. Spain has agreements with many countries to avoid double taxation. Non-residents are taxed only on Spanish income, while residents pay taxes on worldwide income. Retirees from some countries can also benefit from tax agreements that make pension transfers easier.
Opening a Spanish bank account is essential for managing day-to-day expenses. Most utilities and services are paid via direct debit, and banking is relatively straightforward.
Life in Spain: Culture, Food, and Fun!
Spain’s lifestyle is all about balance. Family and social life are central to Spanish culture, and you’ll quickly adapt to the slower pace of life. Long lunches, late dinners, and the famous siesta culture mean that Spaniards enjoy life without rushing. The food is exceptional, with each region boasting its own specialities – from Andalusian tapas to Basque pintxos.
There’s always something to celebrate in Spain, with numerous festivals (fiestas) throughout the year. Whether it’s a local village event or the grand Semana Santa in Seville, joining in is a fantastic way to experience Spanish culture and meet locals.
Ready to Move?
Spain is a dream for anyone looking to enjoy a warm climate, rich culture, and affordable living. Whether you’re retiring, working remotely, or just looking for a change of pace, Spain offers a variety of options for settling in.
For a deeper dive into the practicalities and tips on moving to Spain, check out [Property Guides]