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OLIVE PRESS SPAIN ISSUE 421

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st be ag ’s m ain ty sh Sp operEngli pr in

Property

Kick off your heels at Spain’s hottest new hotels See page 6

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May 2023

Introducing the Spain loving British architect who has just won the world’s top architecture award

OLIVE PRESS

Swiss salute!

A MAJOR global exhibition is to recognise work of architectural the giants Herzog & ron, as they reach De Meutheir 45th anniversary. The Royal Academy ring the Swiss pair’s show, in London, is explohealthy half dozen incredible designs, with a built in Spain. These include (from top left) the Forum, Madrid’s CaixaForum and Barcelona remarkable 2007 (main) the HQ Since 1978 the pair of Spanish bank, BBVA. have grafted on jects, many yet to be built, including 600 proFrontera’s City of Jerez de la Flamenco.

Golden Millionaire See Partners in Design

page 22

SPAIN’S golden visa pected to survive… scheme is ex- Spain’s Golden but it’s going to Visa double in price. rise to €1 million andscheme to survive… but investment While Portugal and threshold it could encourage Ireland recently scrapped their programmes, spending in less-populatedlikely to vestments of more than €1 million By Walter Finch the visa scheme is expected in Spain But the government areas in deposits or shares of Spanish capwas quick to vestment. to be extended. deny his claims, insisting ital companies, or more the minis- However, than €2 milGovernment sources It comes after left try lion in government it has been frequently wing political tiveswas actually looking at alterna- icised bonds. crit- Certain only those investing indicate that party Mas Pais claimed with suggestions from for €1million or that Spain’s various sures and creating inflationary pres- fessionalsdesirable highly skilled promore will be given came under scrutiny and family reunification a three-year res- Social Security Ministry had provi- political parties. for idency permit. sionally confirmed it was to scrap One of these is to allow investment encouraging black money into the cases are also eligible for this resiA source told El Pais the scheme. but only in less-populated Spanish economy. dency permit without will be doubled from that the figure Leader Inigo Errejon socially beneficial projects.areas or in Currently, the scheme In 2022, Spain grantedinvestment. claimed the 2,462 golden allows forof €500,000 invested the current total scheme had led to a ‘brutal’ increase Introduced in 2013 in the wake of eigners to obtain a three-year resi- visas to property investors, an inas an investment in a in real estate or in house prices, adding: the Euro crisis, the dence Spanish company. scheme was in- two, permit, extendable for another crease of nearly 60% from the pre“Spanish cit- tended izenship cannot be bought”. vious year. Only a by investing at least as a means to re-inflate handful invested €500,000 in in companies the real estate, excluding housing market through or government bonds. any mortgages. foreign in- The mechanism also applies to in- Since the scheme began some 31,000 people have acquired a golden visa.

Find out in our 32-page PROPERTY magazine inside

ANDALUCÍA

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PLUS: Are New York and Nice more expensive or better value than Marbella?

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Vol. 17 Issue 421 www.theolivepress.es June 14th - June 27th 2023

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952 58 75 73 E IV US CL IC EX P

EXCLUSIVE

PIC CREDIT: David Nutter

PICTURE THIS: We track down photographers who took long lost unpublished snaps of John and Yoko’s Gib wedding See Page 6

END OF THE RAINBOW

HUNDREDS of hippies, many from northern Europe, have been evicted from one of Andalucia’s most protected natural parks. The members of the so-called Rainbow Family were illegally camping for the impromptu festival high in the Sierra de Grazalema. The group, who previously lived in northern Spain, had decamped to the inaccessible site for the ‘sacred fire’ bash, which coincided with the lunar cycle. The cult-like hippies - who had set

Hundreds of Rainbow Family hippies kicked out of ‘bizarre’ illegal nature park festival

By Alberto Lejarraga

it took 100 of our officers to evict them,” a policeman from the Guardia Civil told the Olive Press. During the complicated operation, the officers had to park in the village of Benaocaz and then walk ‘over an hour’ to the site. “It was totally inaccessible by car,” added the cop, who participated in the eviction. He explained they had taken the extreme step due to the ‘high risk’ of fire and after both the owner and

a number of illegal fires, despite the dangerous drought conditions - had squatted on land owned by a local livestock farmer. “There were about 200 of them and

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tected area of valuable trees which cannot be accessed by fire engines.” He added the operation had ‘lasted hours’ as a number of the group attempted to prolong it as much as they could

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park authorities put in official denuncias. “The estate is used for the stockbreeding of goats, but this group had simply broken through the fences allowing the animals to escape.” The agent continued: “They had set many fires, a major one, which they call ‘the sacred fire’, and several others around the site. “It was really dangerous particularly as we are talking about a highly pro-

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