Is it nice to live in the Canary Islands?

It's a breathtakingly beautiful island, in my opinion. One word that sums up the Canaries is “variety”. Even on my own island, known for its many beautiful beaches and its tranquillity, there's a big difference in the atmosphere between the north, centre and south.



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The Canary Islands have a subtropical climate, with mild temperatures throughout the year. The islands enjoy plenty of sunshine and warm weather, making them an excellent choice for those who love a mild and pleasant climate.

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Nomad's list of the best places to live in Spain in 2023 is topped by Gran Canaria for the second year in a row, also making the island the best Canary Island to live on, followed by the islands of Fuerteventura and Tenerife.

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If you are moving to the Canary islands from another EU or EEA country, you won't need a visa to enter the islands. If you are staying permanently, you'll need to obtain a residence permit and an NIE card which will be issued by the immigration service and is needed to file taxes, open a bank account, etc.

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Living in the Canary Islands is affordable. It's cheaper than the UK in a heap of aspects. For example, data from Numbeo suggests rental prices in the Canary Islands are 73.28% lower than in London, on average. Groceries are kinder to the bank balance too.

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The average price is just under 2,400 euros/m2 in the better areas. Houses/villas typically cost between 220,000 and 3 million euros and two-bedroom apartments between 170,000 and 540,000 euros.

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How long can people stay in the property for? For 90 days in a period of 180 days, without any need to obtain a tourist visa. For longer periods, British citizens are required to obtain a regular residence visa.

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So, if you're looking for cheap homes for sale in Spain and you like the idea of living by the beach on a paradise island, check out the two cheapest Canary Islands to live on – Gran Canaria and Tenerife. It doesn't hurt that they're the islands with the best weather too!

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The smallest of the main Canary Islands, El Hierro is also the least touristy.

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Lanzarote tends to be the hottest and most arid of the Canaries, as it is closest to the Sahara desert and because it is one of the lowest lying islands. The Sahara can bring high temperatures and fine sand to Lanzarote, causing occasional heatwaves.

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Anyone with a sufficient motive or connection can become a resident of the Canary Islands. However, if you have decided to spend a long time in the Canary Islands, you will need a residency permit.

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The luxury of Living in Exclusive Homes The most exclusive residential areas are Tafira, Santa Brígida and Maspalomas in Gran Canaria; La Orotava, Tacoronte, Puerto de la Cruz and La Laguna in Tenerife and Puerto Calero in Lanzarote.

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The 90-day rule
This rule simply states that you can live in Spain without residency for a maximum of 90 days. After those 3 months, you need to either obtain a residence permit, or leave the country. And that is because the shortest stay option is the tourist (or Schengen) visa, which lasts exactly for 90 days.

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You do not need to invest in the Spanish economy, but you must be able to show evidence of self-sufficiency to be eligible for the visa. The minimum amount is 400% of Spain's Public Multiple Effects Income Indicator (IPREM). This is about 27,792.96 euros.

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Economic means may be accredited by presenting cash, traveller's cheques, a credit card accompanied by a bank account statement, an up-to-date bank book, or any other resource that accredits the amount available, such as a credit statement regarding the card or bank account.

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Even if you own a property in Spain, you're still entitled to stay for only 90 days in a 180-day period without applying for a residence permit or a visa.

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Spain currently does not have any plans of changing the 90-day rule. Technically, this rule is not under Spanish jurisdiction, as it is a rule that applies to the whole Schengen Area. So even if Spain wanted to change this rule, the change can only be initiated by authorities of the European Union.

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