On March 26, 2017, mainstream Spanish newspapers extensively covered China's investment in Spain across four pages, mentioning that China's investment in Spain grew nearly fourfold in 2016 compared to the previous year. It was noted that Spain is no longer a "supporting role" in China's overseas investments and has the potential to become one of the best overseas investment destinations for China, serving as a gateway for Chinese capital to enter the South American market.
The exposure of investment data in Spain indicates a huge potential for Spanish investment immigration
In the past two years, as Sino-Spanish economic and trade cooperation has overcome the challenges of the European debt crisis, it has entered a rapid growth phase. In 2016, the bilateral trade volume between China and Spain reached 27.4 billion USD; China became Spain's largest trading partner outside the European Union; Spain is China's sixth largest trading partner in the EU; in January 2017, Spain's exports to China surged by 52.7%, making bilateral trade more balanced.
Data indicates that by the end of 2016, there were 2,292 Spanish investment projects in China; over 700 Spanish companies operating in China, with actual investments of 3.52 billion USD; by the end of 2016, China's direct investment in Spain also exceeded 700 million USD; in 2016, over 300,000 Chinese tourists traveled to Spain, with per capita spending ranking first among travelers from various countries.
The logistics channels between China and Spain have also become richer: direct flight routes have increased from 1 to 6, with 25 flights per week; the world's longest freight train route, the China-Europe Railway Express (Yiwu-Madrid), spanning 13,052 kilometers and crossing seven countries, has been opened, currently operating two trains per week, with a minimum travel time of 15 days, greatly facilitating the transportation of goods between both sides.
Spain's real estate transactions have increased by 20.3%, making property investment highly attractive
Chinese investors prioritize real estate purchases when considering investments in Spain. Currently, property prices in Spain are in a recovery phase. According to data from the National Statistics Institute (INE) of Spain, the transaction volume in the Spanish housing market in 2016 increased by 20.3% compared to the previous year, reaching 35,501 transactions. The second-hand housing market also performed impressively, with an annual transaction volume of 29,378, and the best-performing month, August, saw a month-on-month increase of 24.6%, with an annual compound growth rate of 19.8%. Meanwhile, this year, Spain's housing transaction volume has achieved continuous growth, attracting domestic middle-class investors to invest in Spanish real estate.
The good performance of the Spanish real estate market is attributed to the investment immigration policy, which has increased overseas investors' interest in Spanish properties. Among them, Chinese investors' attention to Spanish real estate is growing day by day.
Now, by purchasing a property worth 500,000 euros in Spain, one can quickly obtain residency for the entire family, enjoy top-tier global air quality, and have access to benefits, healthcare, and education equivalent to that of citizens, embarking on a path to a quality life, while the property retains its value and appreciates, ensuring that immigration and value appreciation go hand in hand. For more details on investment immigration in Spain, please consult the WorldWay Immigration Group: 400-138-2929.