According to a report from a news agency on September 29, a major real estate information website in Spain has released data indicating that housing prices in Spain have risen again. In September 2017, the price of second-hand homes in Spain increased by 4.8% month-on-month, with an average price of €1,590 per square meter for second-hand homes in the entire third quarter, reflecting a month-on-month increase of 2.3% and a year-on-year increase of 3.7%. Among them, Barcelona and Madrid continue to hold the highest average prices in the second-hand housing market.
In recent years, Spain's real estate market has already transitioned from the low period during the European crisis to a growth phase. Since 2014, housing prices have continued to recover, and the prices in major cities in Spain are expected to continue to rise along with this trend.
Chinese investors have always shown great enthusiasm for Spanish real estate. After the Catalonia independence referendum, domestic tycoons have been undeterred in visiting Spain for inspections, demonstrating the strong allure of this city. More and more people are immigrating to Spain through real estate investment, and Spanish immigrants can enjoy benefits similar to those of local residents. Additionally, investment immigrants also have the right to work and conduct business.
Basic Welfare System for Immigrants through Real Estate Purchase in Spain
Immigrants through real estate purchase in Spain can apply as one person, with the entire family immigrating. Spouses, children under 18 years of age, or unmarried children over 18 who are financially dependent on the main applicant, as well as financially dependent parents of the main applicant, can immigrate to Spain together. In addition, Spanish immigrants can also enjoy:
Free Education
In Spain, minors under 16 years of age have the right to receive basic education free of charge. Minors under 18 years of age also have the right to receive education beyond basic education, including obtaining relevant diplomas and public scholarships. If foreign students turn 18 during the school year, this right will be retained until the end of the semester. Foreigners over 18 years of age in Spain have the right to receive education as stipulated in the education law.
Health Insurance
Immigrants in Spain who have registered their residence with the local government can enjoy the right to free public health insurance just like Spanish citizens. They can access public medical emergency centers until a doctor agrees to discharge them. Foreign pregnant women in Spain have the right to health insurance during pregnancy, childbirth, and postpartum periods.
Senior Welfare
Seniors over 65 years of age in Spain, who do not meet the conditions for retirement, may receive a small subsidy from the government if they meet certain requirements to maintain a minimum standard of living, or they may be sent to nursing homes for care. Social welfare departments of local governments also establish activity centers for the elderly, organizing various interest activities for seniors free of charge.
According to analysis, housing prices in Spain are expected to continue to rise, and the hot phenomenon in the real estate rental market will persist. Experts from WorldWay Immigration suggest that investors should act quickly to purchase property and immigrate to Spain, obtaining citizenship in a major European country and enjoying high-quality benefits equivalent to those of EU citizens, with the freedom to travel across 26 Schengen countries. At this time, purchasing a property worth €500,000 can grant Spanish citizenship to three generations of a family, while also achieving investment returns and enjoying significant property appreciation or rental income.
Together we create brilliance, with a prestigious 20-year legacy! On the occasion of the 20th anniversary of WorldWay Immigration Group, to express gratitude to new and old clients for their support and trust over the past 20 years, we are launching the "WorldWay Group 20th Anniversary Celebration, Gratitude and Comprehensive Return Activity" from now until November 12, 2017. During this period, WorldWay Group will offer numerous significant discounts, sharing joy with investors. For details, please call: 400-138-2929.
