Canadian's Guide to Buying Property in Spain

Canada's harsh winters make Spain's Costa Blanca an increasingly popular destination for Canadian snowbirds and retirees.

With year-round sunshine, affordable healthcare, and property prices a fraction of Toronto or Vancouver, the Costa Blanca offers an exceptional quality of life.

As non-EU citizens, Canadians need to understand visa requirements for stays exceeding 90 days — options include the non-lucrative visa, digital nomad visa, or the Golden Visa (€500,000 minimum property investment).

The Canada-Spain tax treaty prevents double taxation, but Canadians must report worldwide income to the CRA, including any Spanish rental income.

Currency exchange between CAD and EUR is an important consideration — using a specialist currency broker rather than your bank can save 2-4% on large transfers.

WOW-Estates has experience with Canadian buyers and can connect you with specialists in cross-border taxation and immigration.