According to recent news from the Ministry of Development of the Spanish government, the average housing price in Spain reached €1,476 per square meter in the third quarter of this year, an increase of 1.4% compared to the same period last year. Furthermore, housing prices have shown a continuous upward trend for two consecutive quarters this year. Among various regions, the highest increase in housing prices was observed in the capital, Madrid, which saw a rise of 3.5% compared to last year. As housing prices in Spain continue to rebound from their lows, the opportune moment for property investment immigration in Spain has arrived. Are potential investors still hesitating?
【Scenic Views of Spain】
Alongside the rising housing prices, the number of mortgage loans issued by Spanish banks is also on the rise. Compared to September of last year, this number has increased by 20.2%, maintaining a growth trend for 16 consecutive months. These conditions indicate that the Spanish housing market is continuously recovering. According to the latest data from the Spanish Property Registry, in the third quarter of 2015, the proportion of property purchases by foreign citizens in Spain rose to 13.52% of the total property sales. Chinese citizens have become the most prominent overseas buyers of Spanish properties among non-EU countries.
The popularity of property investment immigration in Spain among Chinese investors is primarily 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 eliminated 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 economically dependent children can simultaneously obtain residency, truly allowing one person to purchase a property while benefiting three generations. 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 the new immigration policy, the attractiveness of the Spanish immigration market has significantly increased!
【Spanish Properties】
According to experts from Worldway, the Spanish investment immigration law stipulates that an investment of €500,000 can quickly secure Spanish residency. This is a timely opportunity 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 inquiries: 400-138-2929