The Balearic Islands, a paradise for foreign property buyers Golden Visa
For wealthy British buyers, the Golden Visa offers a means of residence
Half a million euros is the minimum investment.
The College of Registrars revealed last week that foreign purchases of homes in the Balearic Islands in 2022 had reached a record level – 6,133 purchases. These were people from other European countries and further afield, some of whom had the so-called Golden Visa, the residence permit for non-European citizens that is processed in 20 days for an expense of half a million euros and more.