Worldway Comprehensive Report: Recently, according to Spanish media reports, data released by the National Statistics Institute of Spain shows that Spain's economic growth remained strong in the third quarter, and this year's performance is set to be the best since 2007. Such economic growth is encouraging, and coupled with the appeal of the relaxed new Spanish property investment immigration policy, it will greatly stimulate the enthusiasm of investment immigrants for investing in Spain.
【Spain's Economic Growth Rate】
As the fourth-largest economy in the Eurozone, Spain's GDP grew by 0.9% between July and September, an increase of 3.4% compared to the same period in 2014, which is higher than the 3.1% growth rate in the second quarter. Many private sector economists expect Spain's annual economic growth to exceed 3%. This is the first time Spain's economy has broken through the 3% mark since its 3.8% growth in 2007.
Spain's rapid economic growth is closely related to the rapid increase in employment opportunities. Similar to the labor market reforms praised by domestic companies in 2012, lower borrowing costs and energy costs have stimulated employment. Of course, the inflow of overseas capital is also an important driving force for its economic acceleration. After the debt crisis broke out, the Spanish government adopted various methods to attract foreign investment, the most obvious of which is to attract foreign investors to invest in local real estate by relaxing immigration policies, which is the main investment area for individual Chinese investors in Spain. Even more gratifying is that the implementation of the new Spanish investment immigration policy has made Spain shine on the European immigration stage.
Worldway immigration experts state that the new policy extends the validity period of residence permit renewals and has no rigid residency requirements. After the main applicant immigrates, their parents, spouse's parents, minor children, adult disabled children, or adult unmarried economically dependent children can all obtain status simultaneously, truly achieving the benefit of one person buying a property and three generations benefiting. Non-Spanish foreign nationals who plan to enter Spain for significant economic investment can apply for a residence visa.
Today, Spain's economic growth is encouraging, and the unique charm of the new immigration policy will drive the popularity of European property investment immigration in 2015. Favorable and low property prices, combined with the status of a long-established European capitalist power that everyone aspires to, have made Spanish property investment immigration highly sought after, which will boost the boom in Spanish investment immigration. For details, please call 400-138-2929