According to comprehensive reports from Worldway, recent statistics from Spain's BBVA Bank indicate that Spain's economic momentum in the second half of the year is strong, with a projected GDP growth of 3.2% in 2015, successfully doubling that of Germany and other Eurozone countries. The bank is confident that this positive economic trend will create one million new jobs in Spain over the next two years. The encouraging economic growth, combined with the attractive relaxation of Spain's property investment immigration policies, will greatly stimulate the enthusiasm of investment immigrants towards investing in Spain. Applicants wishing to invest and immigrate to Spain should act promptly.
【Spanish Landscape】
According to calculations, Germany's GDP growth this year is 1.5%, France's is 1.3%, and Italy's is only 0.7%. This indicates that Spain is expected to be one of the faster-growing economies in the Eurozone this year. However, this growth advantage is expected to slightly decline in 2016. It is estimated that Spain's economic growth in 2016 will be around 2.7%, compared to Germany's 1.9%, France's 1.7%, and Italy's increase to 1.3%.
The government officially predicts that this year's GDP growth could reach 3.3%. According to BBVA's analysis, the economic recovery is primarily driven by internal factors. Sound fiscal policies and the foundation of economic recovery can stimulate domestic demand, while the role of foreign investment in this process cannot be overlooked.
The inflow of overseas capital is also a significant driving force behind the economic recovery. After the debt crisis, the Spanish government adopted various measures to attract foreign investment, the most notable being the relaxation of immigration policies to attract foreign investors to invest in local real estate, which is the main investment area for Chinese individual investors in Spain. Even more encouraging is the passage of the new investment immigration policy reform, which has made Spain shine on the European immigration stage.
Worldway immigration experts state that the new policy extends the validity period for residence renewals, with no strict residency requirements. After the main applicant immigrates, their parents, as well as the parents of their spouse, minor children, adult disabled children, or adult unmarried children who are financially dependent, can simultaneously obtain residency, truly achieving the benefit of one person buying a house while three generations benefit. Foreign nationals who are not Spanish and plan to enter Spain for meaningful economic investment can apply for a residence visa.
Today, Spain's economic growth is exhilarating, and the unique charm of the new immigration policy will drive a surge in property investment immigration in Europe in 2015. The attractive low property prices, combined with the coveted identity of being part of a traditional capitalist country in Europe, make Spain's property investment immigration highly sought after. For more details, please consult 400-138-2929.
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