Worldway comprehensive report: According to an April report by the Spanish newspaper Expansion, the International Monetary Fund released a report in Washington raising Spain's 2015 economic growth rate to 2.5%, with a projected 2% for 2016, making it one of the faster-growing economies in the Eurozone. Against the backdrop of global concerns over sluggish economic growth, Spain's economic growth rate is encouraging. However, the wounds caused by the economic crisis remain open and bleeding, with the unemployment rate in Spain expected to remain above 20% by the end of 2016. At the same time, this will further increase the enthusiasm of international investors for Spanish investment immigration.
[Beautiful Scenery of Spain]
Nevertheless, Spain is expected to create 610,000 jobs over the next two years, with 350,000 jobs to be created in 2015, which is three times the estimate made at the EU summit last October. The report suggests that after years of structural adjustments, fiscal austerity, and wage cuts, Spain's domestic demand is now able to drive economic recovery. Even after the bursting of the real estate bubble, the Spanish construction industry has begun to make a positive contribution to economic growth. Spanish housing prices are also stabilizing; although the increase is not significant, they have moved away from a downward trend and are steadily recovering and rising. Furthermore, falling oil prices, the depreciation of the euro, and the unprecedented monetary policy of the European Central Bank have also become drivers of Spain's economic growth.
Worldway immigration experts state that in order to boost the economy, Spain promulgated the Entrepreneurship Support Act in 2013, which attracted great attention from global investors. Today, Spain's encouraging economic growth rate will drive the popularity of European property-based immigration in 2015. With the European economy beginning to recover, affordable property prices, combined with the status of a long-established, highly sought-after European capitalist power, have made Spanish property-based immigration highly popular. Now, as Spain's economy continues to recover and grow, it will inevitably further fuel the boom in Spanish investment immigration.
