Adding insult to injury: Mallorca news round-up
Some of the stories that made the headlines over the past week.
"No magic solutions" to Mallorca's housing problems
"Rent caps have not been successful anywhere and are doomed to failure."
Eliminating the Golden Visa will have minimal impact on Mallorca's property market
One of the real estate associations describes the elimination as harmless.
Palma is proving extremely popular with foreign property investors.
Palma is proving extremely popular with foreign property investors.
End of the Spanish ‘Golden Visa’ sparks fresh calls for a ban on second homes
The Canadian government has banned foreign investors from buying homes in the country until 2027.
Palma, one of the cities where the suspension of the 'golden visa' will be most noticeable
The Balearic capital is one of the most attractive for Russian and Chinese buyers.
Government to scrap 'golden visa' for foreigners buying luxury homes
Palma is one of the most in demand and "most stressed" areas in Spain.
Balearics, a third of Spain's luxury homes
Defined as properties valued at three million euros or more.
Tourists or votes?
Tourist bashing is becoming a major election issue but residents could be caught up in the shambles as well.
Golden Visa for foreign residents could be doubled or scrapped in Spain
The ‘golden visas’ are being blamed for encouraging “speculation” in housing prices.
Visa España: Navigating the paper trail
Meet Becky and Keri, from Mallorca Solutions where a team of eight now based in Son Bugadelles assist people through the bureaucracy involved in applications for NIE numbers, residency, driving licenses etc.
Calls to end the golden visa in Spain
45% of the golden visas have been issued to Chinese citizens since 2013.
The Mallorca Solutions team
The Mallorca Solutions team.
Check out the Golden Visa
This visa entitles you to reside and work in Spain and to travel in Europe (90 days out of 180 days).
Comment
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