Spain is one of the most popular countries for expats who want to relocate abroad. It is home to some of the biggest companies in Europe, such as Inditex (Zara clothes), Iberdrola (energy company), and Mapfre (insurance).
The people are friendly and the country is relatively easy to settle into. Many have made Spain their permanent home for a variety of reasons. It's never easy to uproot your life completely but there are still several options available for those planning to make a clean break.
1. Renting and buying a home in Spain
If you're looking to move to Spain and only stay temporarily, then renting is a good option for you. If you're just looking to live somewhere else for a year or two, it's also worthwhile checking out the property market in Spain as there are plenty of bargains around.
If you have a bit more time on your hands and want to put down roots, then buying may be better for you. It's advisable to consider carefully if you are going to earn money in pounds or euros as the difference will affect the kind of real estate you can buy.
The good news for buyers is that there are still bargains to be had if you know where to look. While you may not have much luck with this in places like Madrid, you can still find a beautiful home in the provinces where not everything is done by the hour.
2. Taking the franchise route
Many people who move to Spain start their own business. Some opt for well-known franchises, but others prefer to go at it alone with a new idea that they can build up from scratch. This is always risky but if you have the resources and the right network of contacts, it can be extremely lucrative.
A popular option is to obtain a golden visa Spain for both regular expats wanting to relocate and wealthy businessmen who want to obtain EU residency rights. It is possible to obtain golden visas in Spain both if you're an investor or self-employed, and they usually provide great benefits for people that go down that road.
3. Moving to Spain with a job
If you have already secured employment in Spain, then your relocation is easier to plan out. There are quite a few big companies operating all over the country and very often they will pay for moving costs like removal trucks, packing services, shipping fees, etc.
It's also advisable if you're planning to shift to Spain to check out what tax breaks are available for foreigners buying property. Certain transactions might be exempt from capital gains tax or stamp duty.
4. Working in Spain
If you're thinking about moving to Spain with a view to looking for a job, then it's advisable to have a plan. You need to know what you want from life and where you want to be in the future. There are several factors that you need to take into consideration when choosing a job or career, such as salary expectations and flexibility. Once you've done some research, it should become a lot easier for you to start looking for work opportunities in Spain.
The most important thing is giving yourself enough time so that you can make a fully informed decision. If you think you've made enough progress and know what your next step is, then go for it!
5. Studying in Spain
Many young people look into the option of studying abroad in order to broaden their horizons and gain some invaluable experience. If this is what you're looking for, then you need to consider carefully whether or not you actually want to leave your home country permanently. It's often easier to go on exchange programs and study in different places for a few months or years.
If you are thinking of staying abroad permanently, then Spain is an extremely good option as the education system is one of the best in Europe. There are several well-known universities in Spain that charge affordable fees and provide excellent facilities.
6. Retiring to Spain
Spain offers some good benefits for retirees: the mild climate, the cuisine, and the culture are three popular reasons why people choose to retire there. There is a range of options open to people looking to retire to Spain. It depends on the resources that you have at your disposal as well as what kind of lifestyle you want to live during your retirement years.
Although prices have been rising in Spain recently, there are still plenty of opportunities for people who don't mind living in an area that doesn't have much modern infrastructure.
If you're thinking about moving to Spain, it's advisable to do some thorough research beforehand. It's important that your life continues as normal during this process so that any potential problems can be averted before they arise. By making sure that all your bases are covered before you move, it will make the transition a lot smoother and less stressful.