The doors to European investment immigration were effectively thrown wide open in 2013. With Cyprus, Portugal, Greece, and Spain, the global landscape of investment immigration is undergoing subtle changes. At the Beijing Overseas Property and Investment Immigration Exhibition, European investment immigration programs accounted for half of the market. The recently enacted Spanish property investment immigration program made its debut at the exhibition, attracting widespread attention from investors and becoming a new focal point for investment.
The Spanish property investment immigration program was just enacted on September 28th of this year, marking the opening of the immigration gates to a major European power. Worldway's introduction of the Spanish program at this exhibition aims to help investors in Beijing and across the country understand the Spanish property investment immigration policy, as well as the high-quality investment and living environment in Europe. The property projects we have brought are premium listings selected specifically to meet the needs of Chinese investors.
Based on the on-site consultations at Worldway, investors are showing great enthusiasm for the Spanish program in addition to their interest in programs for the United States, Portugal, and Greece. Immigration consultants attracted many attendees to stop and listen during their presentations. "Spain is a major European country with a sound social system in all aspects. I have always wanted my child to learn Spanish, so property investment immigration can be described as killing two birds with one stone," said Mr. Liu, who was consulting at the event.
By purchasing property in Spain valued at €500,000 or more, foreign nationals, their spouses, and children under the age of 18 can obtain Spanish residency status. The invested real estate can consist of one or multiple properties and can be of any type, including residential, commercial, industrial, or warehouse properties. After purchasing the property, applicants first receive a two-year residence permit. If the property is held after two years, the permit can be renewed for another two years. The requirement is to enter the country once within two years, which effectively eliminates the residency requirement.
The enactment of the €500,000 Spanish property investment immigration program has brought more new choices for investment immigration to the entire North China region, further diversifying overseas investment immigration projects.
