Would you pay $900,000 to live in Valencia? This couple did
While Spain and Portugal are cancelling or tightening their golden visa schemes, expats and retirees are finding other ways to live out their travel fantasies.
Dean McKillip and Lizzy Rawdah are living the good life in Spain and travelling around Europe.
Lizzy Rawdah, 35, and Dean McKillip, 37, are living their dream in El Cabañal, Valencia. They run an online bodybuilding business, and had always wanted to be able to work and travel at the same time.
So last November, they sold two Australian properties and spent €500,000 ($900,000) to buy two apartments in Spain. The transaction was the last step to qualify for a “golden visa”, which allows them to stay in Spain for one year with the option to apply for a five-year extension.
Lucy DeanWealth reporterLucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com
