Spain offers residence permits "employment excepted" and residence permits based on real estate purchase. No work permit is linked with that kind of residence permit. Clients must settle their living costs in Spain from foreign income or bank savings. For each renewal, the requested amount of bank savings must be shown and can be used between renewals to cover living costs in Spain.
After 5 years a permanent residence permit-EC can be applied (there are stay requirements, however, no Spanish language skills are necessary) and clients have full access to the Spanish labor market and social welfare system thereafter. Furthermore, a permanent residence permit-EC enables our clients to take up residence in other European countries as well.