Well it may soon be more realistic than you think.
For less than half the price of the average Sydney home, you too can own property in Spain and live there forever.
The Global Financial Crisis has forced more than 5 million Spaniards out of work and in the process stalled the country's housing market, leaving 750,000 homes unsold.
Banks are desperate to offload these properties to help alleviate the $226 billion in bad debt they are holding on their books.
The Spanish government is now proposing to offer residency rights to foreign property buyers who spend more than $197,000 on a sale.
The country's Trade Minister has told Britain's The Times newspaper, “We have proposed to the other ministries that for residents who acquire a home in Spain for more than 160,000 euro that willautomatically entail a residency permit.”
It's unknown if the residency will be for Spain only or the entire European Union.
