Worldway Comprehensive News: Recently, according to the latest media reports, a recent survey by the World Tourism Organization predicts that the number of Chinese tourists will continue to grow by 3.5% to 4% in the last quarter of 2015. Spanish tourism professionals state that the next peak of incoming Chinese tourists to Spain will occur during the upcoming "Golden Week" next month. This will also mark the beginning of the rental peak season for clients who have already invested in properties in Spain.

The "Golden Week" in October Will See a Surge of Chinese Tourists in Spain

    【Beautiful Scenery of Spain】

    In an interview with Ms. Tian, the head of a travel agency in Madrid, she told reporters, "Previously, the exchange rate of the Euro to the Chinese Yuan was 1 to 8, but since the beginning of this year, the Euro has depreciated, and the exchange rate has dropped to below 7. Although it has recently rebounded slightly, the overall rate is still hovering around 7, which has not diminished the enthusiasm of Chinese tourists traveling to Spain." Ms. Tian mentioned that starting in September, schools have gradually reopened, and the number of individual tourist groups they receive has slowly decreased, while business groups have increased. During the upcoming "Golden Week," the Spanish tourism industry will welcome a peak of incoming Chinese tourists.

    Madrid and Barcelona are the two cities in Spain where Chinese tourists spend the most on shopping. They have become the third largest shopping destinations for Chinese tourists in Europe, following London and Paris. Tourists in these two cities spend an average of nearly 1,400 Euros. The consumption sector in Barcelona has seen a year-on-year increase of 69.4% due to the influx of Chinese tourists, reaching an average of 1,132 Euros per person.

    With the booming Spanish tourism industry and the immense appeal of the newly passed Spanish immigration policy, more and more Chinese investors are heading to Spain for property investment and immigration. Immigration experts from Worldway state that Spanish real estate offers excellent value for money, with high-quality housing, tourist attractions, and a vacation paradise, providing stable and high rental yields for both short and long-term investments. Global buyers from Europe, China, and other regions are competing to invest in Spanish properties, which offer high returns on investment. The new Spanish immigration policy has extended 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 by purchasing a property worth 500,000 Euros without needing to provide proof of funds, truly allowing one person to buy a house and benefit three generations. Immigration consultation: 400-138-2929.

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