As investment immigration to Spain becomes increasingly popular, more people are becoming interested in the country and starting to learn about it from various perspectives. So, what is it like to live in Spain?
Food
Spain strictly adheres to EU food standards, with no GMOs and strict control over pesticide usage. Overall, the cost of living is low; for example, strawberries in Spain cost 1.3 euros/kg, while the same quality sells for 40-50 yuan/jin in Beijing. (Note: The following prices are for reference only)
1. Staples: Rice: 0.6 euros/kg (higher quality Thai jasmine rice is 1.2 euros/kg); Flour: 0.4 euros/kg; Bread: 1 euro/bag
2. Oil: Regular olive oil/cooking oil: 1.5 euros/jin; Premium olive oil: 5 euros/liter
3. Vegetables: Eggplant: 1.39 euros/kg; Cucumber: 0.49 euros/kg; Tomato: 1.29 euros/kg
4. Fruits: Bananas: 1.1 euros/kg; Oranges: 0.75 euros/kg; Apples: 1.8 euros/kg; Strawberries: 1.3 euros/kg; Cherries: 1.99 euros/kg
5. Meat: Pork: 3.3 euros/kg; Beef: 7.8 euros/kg; Lamb: 15.95 euros/kg
6. Seafood: King crab: 6 euros for 2 large ones; Lobster: 6 euros each; Flounder: 5.99 euros/kg; Tuna: 2.49 euros/kg; Silver fish (the most common choice for Spaniards): 1.99 euros/kg
7. Wine: Average quality red wine is 2-3 euros/bottle; high-quality red wine starts at 10 euros/bottle, with general prices not exceeding 20 euros/bottle
8. Daily necessities: Schwarzkopf shampoo: 2.99 euros/bottle; Toilet paper: 1.8 euros/2 rolls
Transportation
The costs of purchasing and maintaining a car in Spain are very low, and there is high market demand for affordable used cars. (Note: The following prices are for reference only)
1. Car price: New BMW X6 sells for 67,000 euros
2. Insurance: Basic insurance is 400 euros/year
3. Fuel prices: Taking Barcelona as an example, diesel: 0.999 euros/liter; 95-octane gasoline: 1.154 euros/liter; 98-octane gasoline: 1.264 euros/liter
Public transport
A single-trip ticket is 2.15 euros (prices for subway and bus are the same)
Monthly pass: 42.5 euros. In addition to the subway, it can be used for buses and city trams. Transfers between buses or trams within 1 hour and 15 minutes are free.
Housing
(Note: The following prices are for reference only)
1. Taxes: One-time payment for apartments/villas: 6-10% property tax; Second-hand commercial properties: 1.5-1.8% stamp duty. Annual real estate tax is paid according to the amount announced by the government. Apartments are usually between 600 and 1,000 euros, and villas are usually between 1,000 and 1,200 euros.
2. Property management fees: 0.5-1 euro/square meter
3. Utilities (water, electricity, gas): 100 euros/month for a family of three
4. Internet fee: 30 euros/month;
5. Phone charges: International long-distance: 0.04 euros/minute; Domestic: 0.1 euros/minute (specific charges vary by operator)
The "Top Ten Immigration Events of 2017" officially released by Worldway Immigration Group indicates that the European investment immigration market is heating up significantly. Data shows that more and more people are investing in Spain, and the Spanish property rental market continues to be hot. You can also immigrate to Spain through property purchase, obtain residency in a major European country, enjoy the same high-quality benefits as EU residents, and travel freely across the 26 Schengen countries in Europe. By purchasing a property worth 500,000 euros now, you can obtain Spanish residency for three generations of your family, achieve investment returns, and enjoy significant property appreciation or rental income. Consultation hotline: 400-138-2929.