Spain also offers a long-term future, not just a place to live today. After legal residence, many foreigners can move toward permanent settlement and eventually Spanish citizenship, with the general rule being 10 years of legal residence, subject to exceptions by nationality and personal circumstances.
For nationals of Latin American countries, Andorra, the Philippines, Equatorial Guinea, Portugal, and for persons of Sephardic origin, 2 years of legal residence are required to apply for Spanish citizenship.
These pathways to citizenship make Spain especially appealing to a United States passport holder who wants both lifestyle value and a long-term European base.