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The Pescadero Perspective
news Scmp World 2026-05-31

Spain's Property Market Attracts Hongkongers and Others Fleeing UK and Canada

With rising living costs and uncertain immigration policies in the UK and Canada, Hong Kong residents are increasingly considering Spain, particularly through its Non-Lucrative Visa program, as a new home.


Hong Kong families in the United Kingdom and Canada are facing deep uncertainty due to shifting immigration policies and the rising cost of living, and some are looking for alternative destinations to settle. Property agents said Spain’s Non-Lucrative Visa (NLV), designed for retirees and anyone who can support themselves without employment, had become one of their top choices. The NLV provides a pathway for citizens outside the European Union and the European Economic Area who have enough...

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