Benefits of Living in Spain
Living in Spain gives you access to an excellent expat and local community, a lower cost of living, and amazing locations and cuisine. Besides that, migrating to Spain is very worthwhile due to the abundance of useful advantages and benefits.
Here’re 11 benefits that you may not have known about
1. Safety:
If you wish to live and work in Spain, you don’t need to be concerned about safety. After taking into account several indicators like homicide, natural catastrophes, economic and political risk, etc., more than four separate studies place Spain among the top 41 safest nations in the world. Barcelona is ranked 11th while Madrid is 21st in terms of the safest cities in the world in 2022.
2. Healthcare
The eighth-best healthcare system in the world is found in Spain. Additionally, if you live and work in Spain, you are entitled to free healthcare. You read correctly. There are no fees or extra costs!
3. Great transport links
Spain has excellent connections. You can use the local public transportation networks, which include trams, buses, the metro, and local trains, locally. The high-speed trains (Alta Velocidad) are another option for travelling to Spain’s various cities. Spain offers a number of international airports, enabling expats to visit other EU countries without a visa!
4. Buying properties
In Spain, you have access to a vast range of property possibilities. Including large villas, charming country homes, beachfront vacation homes, and high-rise apartments in the metropolis. Fortunately for you, investing abroad in Spain is not difficult, and housing costs are lower than in Spain’s neighbours.
Here’s a wise advice. You can bring your dependant family members with you to Spain if you spend €500,000 in real estate in addition to receiving a visa that allows you to live and work there.
5. Easy Visa
In some circumstances, obtaining a visa in Spain is simple. If you spend €500,000 in real estate or significantly in Spain’s economy, you are eligible for the Golden Visa, often known as the investor visa, which offers you and your family a working visa. Another visa option that allows you to live in Spain if you have enough cash to cover your expenses during the anticipated stay is the non-lucrative visa. ideal for retired people! There is also the work search visa, which enables holders of Spanish student visas to remain another year after graduation in order to look for employment.
6. Beckham’s Law
It’s generally a good idea to research your tax obligations before relocating abroad to see whether you qualify for any special tax treatment. The marvellous Bechkam’s Law, which exempts immigrants from paying taxes for the first six years, is fantastic news for expats in Spain. Due to this regulation, you are only required to pay 24% tax on your Spanish income and no taxes on your international revenue. If you don’t exploit this law, you could end up paying up to 45% of your worldwide income in taxes.
7. Family and retirement friendly
Family and community ties are extremely valued in Spain. Because of this, a lot of foreign nationals who travel here on the family reunion visa do so with their families. Kids will love visiting since they can play in the parks or on the beaches and have access to excellent public schools. Due to the non-lucrative visa, affordable housing, and free or inexpensive top-notch healthcare, Spain is also a pleasant country for retirees in addition to families.
8. The Mediterranean diet
It is hardly surprising that Spanish people, who eat a Mediterranean diet, are healthier and frequently live longer than people from most other nations. People eat according to the seasons, thus you can always get fresh food. Fruits and vegetables, unsaturated fats like olive oil, nuts, whole grains, legumes, and seafood make up the majority of their diet.
9. Easily become an entrepreneur
1.9 million of Spain’s 3.4 million registered businesses are self-employed. In Spain, registering as self-employed, or Autónomo, is popular since it allows foreigners to choose their own wages. Additionally, it offers a lot of flexibility in terms of starting one’s own business or working remotely as a freelancer.
10. Pet-friendly
Spain is a pet lover’s dream. You and your pet will feel welcome anywhere, regardless of whether you’re relocating to Spain with them or intend to adopt one there. Dogs are frequently permitted at eateries, bars, and occasionally even companies. Similar situations include stray cats that are roaming the streets and are being fed or interacted with by locals.
11. Spain is best described as being diverse
Spain is more than just its beaches and warm climate. There is a lot of variety all around Spain. from foods to the climate. mountains to lava-formed islands. From amazing historical and cultural sites to a full city experience. There is no doubt that you will have a wide range of possibilities when selecting where in Spain would be the greatest spot for you to live.
It’s time to start packing now that you are aware of the advantages that living in Spain will provide.
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