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Categories: News

by Alegra estates

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The Rise of the American Diaspora: Moving to Spain from the US

 

Thinking of moving to spain from the US? In recent years, there’s been a noticeable surge in US citizens packing their bags and heading eastward to set up home in Spain. This European country, with its sun-drenched beaches, rich cultural history and a vibrant lifestyle, has proved increasingly attractive to Americans seeking a change of scenery.

The Sur in English reported just this week that US reservations to Andalusian destinations soar by 52.5% this summer.

Málaga and New York will be linked by a direct flight at the end of this month, operated twice a week by United Airlines with just a six hour journey in the air. This new connection has become a key factor in the boost of American arrivals to Andalusian destinations this summer.

Moving to Spain from the US

A Growing Trend: The Increase in US Citizens Moving to Spain

Spain has always been a favored destination for expatriates, but there’s been a marked increase in the number of Americans specifically choosing to live in this beautiful corner of Europe. According to Right Casa, more than 39,812 US nationals resided in Spain as of February 2023. This number has risen by over 13% since 2019, making US expats one of the largest foreign communities in the country.

The reasons for this shift are manifold, from the lower cost of living to the appealing Mediterranean lifestyle. However, one factor that stands out is the increasing number of educational facilities catering to Americans. Just last year, the Atlas American School of Málaga opened its doors in Estepona, offering American families a familiar educational platform for their children in the Costa del Sol.

Moreover, Spain also offers an appealing opportunity for those seeking to pursue their professional goals. With a thriving economy and companies increasingly recognizing the value of global talent, Spanish cities are becoming attractive hubs for US professionals.

For example, Madrid is one of Europe’s leading cities for technology companies. It’s home to a thriving start-up scene and offers Americans the chance to work at global tech giants such as Amazon, Google, and Microsoft.

The Allure of Spain: Why US Citizens Are Falling in Love

The Culture

Aside from the professional opportunities, there’s also a lot to love about Spanish culture. The country is renowned for its welcoming and relaxed atmosphere, as well as its delicious cuisine. Throw the tomato fights of La Tomatina and flamenco dances into the mix, and you have yourself a recipe for a vibrant, exciting lifestyle that’s hard to find in other countries.

The Climate

When it comes to the climate, Americans will be pleased to know that the south of Spain has more hours of rays than anywhere else in Europe – a crucial consideration for those looking for a sunnier escape. With an average of around 3,000 hours of sunlight a year, you can be sure that days at the beach or exploring the countryside won’t be few and far between.

The Landscape

Let’s not forget Spain’s diverse landscape – from beautiful beaches to stunning mountains and historic cities – US citizens are never short of things to do and places to explore. Visit the gorgeous Costa del Sol for a spot of sun, or head only 2.5 hours North for some snowboarding in Sierra Nevada. You can even take a stroll through the ancient streets of Seville or Granada and experience Spain’s rich history first-hand.

The Cost of Living

There’s no denying that Spain is also significantly more affordable than other European countries – particularly for US citizens. Rent, food, transportation and entertainment are all significantly cheaper when compared to cities like Los Angeles, San Francisco, or New York.

The cost of living in a city in southern Spain, such as Estepona, remains notably lower too. This is especially true for expenses such as rent, utilities, groceries, daycare and health insurance. For instance, the average rent for a 1 bedroom apartment in the city centre of Estepona is around €850.00, while rent in San Francisco can easily exceed €3,000.00 for a similar apartment.

The healthcare system is world-class and the slower pace of life lends itself to a better work-life balance. All of this combines to make Spain an attractive destination for US citizens.

Click on this link to view the average cost of living in Spain.

The Community

There’s nothing better than being able to enjoy the freedom of living in a foreign country. With over 300,000 Americans living and working in Spain, you can easily find yourself caught up in a vibrant expat community – one that allows you to explore your own culture while learning about another’s. And the Spanish people are famously friendly, helping to make the transition that much easier.

The Path to Spanish Citizenship: Can US Citizens Live in Spain?

Spain is a country full of opportunity, but can US citizens live in Spain? The answer is yes.

Although not all US citizens can automatically obtain Spanish citizenship, there are ways to get a residence permit or visa. You can also apply for long-term residency if you plan on staying in Spain for an extended period. Moving to Spain from the US is a long-term goal for many expats, and luckily, it’s achievable through various criteria.

You can apply for a residency permit in Spain by demonstrating adequate economic means, such as having enough income to cover all expenses related to your life in Spain or providing proof of real estate investment. You may also be granted Spanish residency if you are married to a Spanish citizen.

As an American citizen, you can also live in España for up to 90 days as a tourist. However, if you want to stay longer, a visa or residence permit is necessary.

Golden Opportunities: The Golden Visa and its Benefits

One option available to US citizens seeking to live in Spain is the Golden Visa program. Introduced in 2013, the Golden Visa allows non-European Union citizens to obtain a Spanish residency permit in exchange for a significant investment in Spanish real estate, business projects, or government bonds.

The Golden Visa program offers several benefits, including the ability to work in Spain and travel freely throughout the Schengen area. Additionally, it can lead to permanent residency and eventually Spanish citizenship.

The lowest investment for the Golden Visa program is €500,000, which must be invested in residential or commercial Spanish property. For those interested in business ventures, investments of at least €1 million in Spanish companies or €2 million in Spanish government bonds are required.

This program has proven to be a popular choice for US citizens seeking to live and work in Spain. In addition, the Golden Visa is also an excellent option for retirees, as we now know that living in the south of Spain as an American can prove to be a fantastic way to relish a desirable quality of life.

At Alegra Estates, we have a proven track record of helping our American clients obtain Golden Visas here on the Costa del Sol. We work closely with a trusted lawyer to streamline this process, taking the stress out of moving to Spain as a US citizen. Reach out to us today if you’re looking to take advantage of this exciting program.

All About Spain

Spain is a country of incredible beauty that uniquely combines culture, history and natural landscapes. With its stunning coastline, picturesque cities and charming small towns, Spain is a feast for the senses.

One of the most attractive features of Spain is its gorgeous Mediterranean climate, characterized by long, hot summers and mild winters. From the sandy beaches of the Costa del Sol to the rugged coastline of the Basque Country, Spain boasts over 5,000 miles of stunning coastline that attracts millions of visitors each year.

Spain’s rich history is evident in its architecture and landmarks, from the Moorish palace of the Alhambra in Granada to the Gothic Cathedral of Barcelona’s Sagrada Familia. Visitors can stroll through the winding streets of medieval towns like Toledo and Salamanca or marvel at the Roman aqueduct in Segovia.

Spain is also famous for its cuisine, with a wide range of dishes that reflect the country’s diverse regions. From seafood paella to hearty stews like cocido, Spanish food is strong, flavorful, and always fresh. The country is also renowned for its wine, with regions like La Rioja producing some of the world’s best reds.

Natural beauty abounds in Spain, with the rugged mountains of the Pyrenees offering world-class skiing and snowboarding opportunities. The country’s numerous national parks, such as the Picos de Europa and the Doñana National Park, provide a stunning showcase of the diverse flora and fauna of Spain.

Overall, Spain’s unique blend of untamed beauty, rich history and vibrant culture make it one of the most beautiful and fascinating countries in the world.

Moving to the Costa del Sol from the US with Alegra Estates

As a leading real estate agency and interior design studio based in Estepona, Alegra Estates has guided clients through buying, selling and reforming processes for over 15 years.

Our coverage includes the most desirable residential areas along the Coast, such as Estepona, Benahavís, San Pedro and Marbella. Our commitment is to offer a personalized and top-notch service, ensuring that you find your dream home in the perfect location.

Thanks to our shared network of properties with other agents along the Coast, we offer our clients an abundance of choices, with an array of houses for sale in Estepona and the Costa del Sol. This allows you to work with one trusted agent, simplifying and enhancing the buying process.

Whether you are seeking to find your perfect home, a profitable investment opportunity, or an experienced project manager, we are a reputable family-owned business that you can count on. We’re small but mighty, and we’re here to support you every step of the way.

So, if you’re considering making the move and want a partner who understands the intricacies of the process, get in touch with us. Can US citizens live in Spain? With Alegra Estates, the answer is a resounding yes! Let’s embark on this exciting journey together.

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