According to Spanish media reports on June 29, Spain's BBVA bank recently signed a cooperation agreement with Ant Financial, an affiliate of China's Alibaba Group. Under the agreement, Chinese tourists will be able to use Alipay, the world's largest mobile payment platform owned by Ant Financial, to make payments at commercial outlets in Spain.
According to the Spanish newspaper El Economista on June 29, Spain receives approximately 400,000 Chinese tourists on average each year. Although China is not the largest source of tourists, Chinese tourists are the biggest spenders. Data from 2016 shows that the average Chinese tourist spent 2,040 euros in Spain. Expectations for this year are also optimistic, with 500,000 Chinese tourists expected to visit Spain, bringing total consumption to 1 billion euros.
As everyone knows, China is now a country where people go out without cash! It is said that many foreigners who have lived in China for a long time have become very accustomed to this "cashless" payment model. This convenient way of consuming, where one can "travel the world with just a mobile phone," is deeply loved by people from all walks of life around the globe.
Now that Alipay has entered Spain, mobile payments are about to begin, and life in Spain will become even more convenient. The exchanges between China and Spain are not only reflected in the significant increase in tourists; more and more immigration clients are also turning their attention to Spain. On one hand, a large number of investment immigration groups are optimistic about Spain's high-potential investment prospects, while on the other hand, many parents are also looking toward Spain so that their children can receive a high-quality education from an early age.
With the increasing expansion of investment in Europe under the "Belt and Road" initiative, exchanges between China and Spain are becoming more frequent. In the future, Chinese people living in Spain will see more and more things with Chinese characteristics, and the differences of living in a foreign land will become smaller and smaller.
Currently, by investing in Spain through Worldway Immigration Group, you only need to purchase a property project worth over 500,000 euros to quickly immigrate with three generations of your family and obtain EU status. It is a multi-purpose move that allows for both investment and immigration, while also enjoying generous EU welfare benefits. For more details, please consult the Worldway Immigration Group hotline: 400-138-2929.