News: ​The Government confirms that it will give a residence permit to foreigners who buy a house

The Government confirms that it will give foreigners who buy a house a residence permit.

After months with the possible initiative on the table and a long study, the Government confirms that it will grant residence permit to foreigners who buy a habitual residence in Spain

After months with the possible initiative on the table and a long "study", the Government confirms that it will grant a residence permit to foreigners who buy a habitual residence in Spain.

The Secretary of State for Economy and Business Support, Fernando Jiménez Latorre, has announced this, although he did not want to specify from what amount will be granted - at first 160,000 euros were spoken as the minimum price of the buildings- .

In a meeting organized by Executive Forum Spain, Jiménez Latorre has assured that this measure will be one of those included in the Law of Entrepreneurs, whose approval is "imminent". "I can not say if it will be this week or the next, but it will go fast," he said.

In addition, Jiménez Latorre added that the law also plans to grant residence permits to foreign entrepreneurs who invest in Spain. During his speech, Jiménez Latorre reiterated that Spain is on the right track and that the worst of the evolution of GDP and the destruction of employment has already passed.