As a traditional major European power and economic powerhouse, Spain's newly launched property investment immigration policy has received widespread attention from domestic investors during its approval process. Worldway has also been closely monitoring the development of this policy through its European customer service center. As soon as the policy was announced on September 28, Worldway immediately contacted local Spanish attorneys and renowned developers to ensure the most precise and comprehensive understanding of the policy content and implementation details.
Spain is a developed agricultural and industrial power on the global stage, with a GDP ranking among the top in Europe. In 2012, its GDP per capita was 32,682 USD. Against the backdrop of various European countries launching property investment immigration policies to attract overseas capital and boost their domestic economies, the Spanish government drew on the experiences of other nations and ultimately introduced the 500,000 Euro property investment immigration policy. This has created a rare opportunity to obtain residency in a major European country for the whole family through a simple property purchase. The Spanish government has opened a golden channel for such investor visas, allowing investors to receive their residence cards within 20 days of successfully purchasing a property and submitting their investor visa application.
Spain is known as the "Gateway to Europe," possessing an ancient history and civilization that exudes a unique national charm. With its mild climate, beautiful mountains and waters, bright sunshine, and picturesque scenery, it is truly a "Kingdom of Tourism." In 2013, the number of tourists visiting Spain reached 42 million, a record high. Its superior natural environment, which produces wine, olives, and citrus fruits, has fostered a healthy lifestyle for the locals. The latest "2013 Health at a Glance" report published by the Organisation for Economic Co-operation and Development (OECD) shows that the average life expectancy in Spain has reached 82.4 years, surpassing France (82.2 years), the United Kingdom (81.1 years), and Germany (80.8 years), ranking second among European countries, just behind Italy (82.7 years).
Although Spain is currently facing an economic crisis, the government has not requested a bailout; instead, it has taken measures to control the public deficit, which have already begun to have a positive impact. In the real estate market, the last growth in housing prices across Spain ended in 2007, after which prices fell year by year. As of 2013, overall housing prices had fallen by 28.1%. Regarding exchange rates, the Euro against the Renminbi hit a new low last year. It can be said that now is an excellent time to buy Spanish property at the bottom, obtain residency in a major European country for the whole family, and achieve international asset allocation and appreciation.
As we welcome the New Year and the Spring Festival in 2014, to express our gratitude for the trust and support of our new and old clients, Worldway is grandly launching a limited-quota 5 million gift package year-end promotion. We wish you the very best for the New Year: May you achieve great success on your immigration journey in 2014!
