What should I know about buying property in the Manilva area as a British citizen post-Brexit?
As a British citizen looking to buy property in Manilva post-Brexit, you’re now considered a third-country national, which means there are some important considerations to be aware of. While you can still purchase property in Spain, the process may involve additional documentation and requirements compared to before Brexit.
Key points to consider include:
- Residency status: If you plan to spend more than 90 days in any 180-day period in Spain, you’ll need to apply for appropriate visas or residency permits
- Tax implications: There may be different tax obligations for non-EU residents, including potential changes to inheritance tax and wealth tax
- Banking requirements: Opening Spanish bank accounts and securing mortgages may require additional documentation
- Legal representation: It’s highly recommended to work with a solicitor who specialises in post-Brexit property purchases
The Manilva area remains very welcoming to international buyers, with a strong existing British expat community. Many local estate agents and legal professionals have extensive experience helping British buyers navigate the post-Brexit property market. It’s worth noting that Manilva’s proximity to Gibraltar (just 20 minutes away) makes it particularly attractive to those who may need to maintain connections there.