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Laura Leyshon: Gran Canaria's top selling estate agent

Gran Canaria estate agent. Best seller. I work with foreign buyers ans sellers.

Why Choose Laura & Las Palmas Property

I’m Laura Leyshon and I’m Las Palmas’ resident property expert.  I work for RE/MAX Cony Overseas, one of the city’s oldest estate agencies and the first RE/MAX office to open in Europe. Cony Overseas has an excellent local reputation and has helped hundreds of foreign buyers and sellers in Las Palmas and all over Gran […]

You are here: Home / Gran Canaria Property Articles / BUYING GRAN CANARIA PROPERTY / Golden Visa Investments In Gran Canaria & Las Palmas

Golden Visa Investments In Gran Canaria & Las Palmas

August 15, 2016 by Laura Leyshon

Getting a Spanish Golden Visa by investing in Las Palmas property
Getting a Spanish Golden Visa by investing in Las Palmas property

Las Palmas' foreign buyer specialist Laura LeyshonA guide to the Spanish Golden Visa system for Gran Canaria property buyers, written by Las Palmas’ foreign buyer specialist Laura Leyshon. 

Non-EU citizens can get Spanish residency and even citizenship by investing €500,000 in property anywhere in Spain.

The investment can be in one large property or a portfolio of small ones that add up to the value of 500K. While investing in several properties increases the upfront cost of getting a Golden Visa, it also allows you to build a portfolio of rental investment properties and generate an excellent return on investment.

Golden Visa Rules & Info

The actual law that allows golden visas is called the ‘Ley de Apoyo a los Emprendedores y su Internacionalización 14/2013’.

Spanish golden visas also cover partners, legal spouses and children (including those over 18). Holders of a visa  are entitled to a Spanish work permit and can travel freely within the Schengen Area.

You can apply for a golden visa from Spain (provided you are here with a tourist visa or with any other legal status)  and the application can begin as soon as you pay a deposit on the property or properties you are buying.

Be aware that the €500K investment does not include property taxes and transaction costs that add up to around 10% of the value of the property you buy.

One huge benefit of a Spanish golden visa is that it entitles the holder to extend residency for as long as they maintain their property investment. After ten years of residency, golden visa holders can apply for Spanish citizenship.

Golden Visa Investment In Las Palmas

Property prices in Las Palmas are rising and rental yield is amongst the best in Spain (especially for short-term or touristic rental). The island as a whole is booming due to record tourist numbers and Las Palmas, as the biggest city in the Canary Islands, has all modern facilities, including international schools, and excellent transport links to Europe and Africa.

The island, and the capital city Las Palmas in particular, is an excellent place for a long term investment in rental property.

Las Palmas Property

As Las Palmas’ foreign buyer specialist I am perfectly placed to help you build a profitable and secure property portfolio that also qualifies you for a golden visa. I work for RE/MAX Cony Overseas, one of the city’s oldest and most prestigious estate agencies.

For more information about Golden Visas and Las Palmas property investment, please contact me.

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Laura Leyshon
Laura Leyshon
Gran Canaria Estate Agent at Las Palmas Property
I'm Laura Leyshon and I help foreign property buyers and sellers in Gran Canaria. I work with RE/MAX Cony Overseas, one of the island's oldest and most prestigious agencies, and I offer a complete, professional service with a personal touch. If you want to buy or sell property in Gran Canaria and want to work with one good agent, please get in touch.

Filed Under: BUYING GRAN CANARIA PROPERTY Tagged With: Gran Canaria golden visa, Las Palmas Golden Visa, Las Palmas property investment, Spain Golden Visa

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I'm Laura Leyshon and I help property buyers and sellers in Gran Canaria. I work with RE/MAX Cony Overseas, one of the island's oldest and most prestigious agencies, and I am one of Spain's top-performing estate agents. I offer a complete, professional service with a personal touch. Please get in touch for a free consultation or property valuation. Read More…

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