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More Americans are moving to Spain — and paying high prices for real estate

More Americans are moving to Spain, with the number of Americans living in the country growing by 13% from 2019 to 2021. Home sales to Americans also jumped 88% from the first half of 2019 to the first half of 2022. Americans paid the second-most for real estate in Spain, after the Danes, with prices reaching up to $3,119 per square meter. Urban areas like Madrid and the city of Valencia are popular among American buyers. However, Americans considering moving to Spain should be aware of the upfront taxes and financial implications associated with purchasing property and living there.

The post More Americans are moving to Spain — and paying high prices for real estate appeared first on Balanced News Summary.



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