According to recent reports from Spanish media, Spain's real estate sector shows signs of recovery after the economic crisis that began in 2007. From July to September, overseas purchases of Spanish properties reached a historic high. As property prices in Spain begin to rebound from their lows, the time for property immigration to Spain has arrived, and potential investors should act quickly.
【Beautiful Scenery of Spain】
According to the latest data from the Spanish property registration department, in the third quarter of 2015, the proportion of properties purchased by foreign citizens in Spain rose to 13.52% of the total property sales, with over 12,000 property registrations completed between July and September. This is the second highest number of property purchases by foreign citizens in Spain, only behind the 13.8% recorded in the fourth quarter of 2014. Chinese citizens have become the most prominent overseas buyers of Spanish properties among non-EU countries, accounting for 3.98% of all foreign buyers of Spanish properties.
The preference of Chinese citizens for Spanish properties is mainly attributed to Spain's new immigration policies. According to immigration experts, since the new immigration policy took effect on July 29, 2015, it has extended the validity period for residence renewals and removed 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 allowing one person to buy a house and three generations to benefit. Foreign nationals who are not Spanish citizens and plan to enter Spain for meaningful economic investment can apply for a residence visa. With the introduction of Spain's new immigration policy, the attractiveness of the Spanish immigration market has greatly increased!
【Spanish Properties】
According to Worldway's immigration experts, the Spanish investment immigration law stipulates that an investment of 500,000 euros can quickly obtain Spanish residency. This is a timely investment for the growing Spanish real estate market. Therefore, for customers intending to immigrate to Spain through property purchase, it is essential to accelerate their immigration plans. For Spanish immigration consultation: 400-138-2929