Many thanks for your professional advice. May I just say in response to Guest, that I wouldn’t regard it as a legal loophole. There are many foreigners who start off by buying holiday homes in Spain and who then decide they would like to live there. Why should they be penalised when they want to move, just because they happened to be non-residents when they purchased the house. We have had our house for 5 years and are only now contemplating the idea of residency. We were never out to ‘make a quick buck’. It is just a situation that has evolved over the years.