Tip based walking tour in Seville (place for retirement?)

Let me begin by saying that Seville is a wonderful city for retirement, in my view. I will look into the tax and other considerations to see the possibility to retire there 3 months a year.

The tour guide was an unemployed mechanical engineer graduated from the local university which produces 100,000 graduates while the unemployment rate is 36%. A lot of the graduates went working for other EU countries, such as Germany. I heard several editions of Planet Money on Spain economy Robles but only the tour guide mentioned thus reminded me of the problem. The general public in Spain do not want to discuss such issues among themselves, much less with tourists.

The guide explained the ups and downs of Seville along with the come and gone of wealth from the discovery of the America. At the worst time, several uncles were starved to death, and the local population was down to 50,000. 

Even today, there is big wealth differences. A modernized apartment unit costs 150,000 euro owned by the general public, while a much smaller and older unit in another building clustered with the rich costs over one millions. 

The poor is working or try to find work to support themselves. Seville is thus relatively safer than other major cities in Spain. I followed his advice and found one small and outdated looking restaurant out of the old town. The price was half, the portion was twice as much, the food was much more tasty, and people were nice and friendly. I paid only 4.5 euro for chickpea spanish, pork, olives, bread, and a glass of house white wine.  While I ordered two tapas, each of two older gentlemen only ordered one tapa. I suspected that was because if their financial hardship from the unemployment. 

The guide pointed out an suspended high rise near by which costed 300 million euro that was supposed for public housing. The politicians used the money for office instead. I told him the problem could be solved by converting the building into codomilions with Chinese money. He thought the government was too slow and stubborn for such idea, but he was wrong. 

I later read Fromm CNN money: 

LONDON (CNNMoney)

A growing number of wealthy foreigners are buying their way into Europe as hard-pressed countries trade their passports for cash.

Spain, Portugal, Greece and Cyprus, which have suffered the most from the region's prolonged recession, are offering visas to foreigners who buy real estate. The goal is to lure investment and strengthen battered European economies.

The minimum outlay ranges from €250,000 (about $340,000) to€500,000.

I will reevaluate the pros and cons between living in South America and Southern Europe.