In 2017, Europe enjoyed favorable winds. With a significant decline in the number of refugees arriving in Europe, the refugee crisis eased. Coupled with a steady economic recovery, Europe has regained valuable development opportunities, allowing numerous investors to see its immense investment potential and driving a noticeable warming of the European investment immigration market. European countries such as Greece, Portugal, Cyprus, Spain, Ireland, and Malta have become highly sought after for immigration, sparking a wave of interest in European immigration.
Among the best-performing currencies in 2017, the Euro was the only G10 currency to stand out. Driven by the continuous recovery of the Eurozone economy and the European Central Bank's tapering of its QE program, the Euro outperformed other major currencies in 2017, surging more than 10% against the US dollar and marking its best annual performance in 14 years.
The rise in the Euro's exchange rate and its appreciation have triggered a "European investment fever." The continuous climb in real estate prices across the Eurozone is a major positive factor for investing in European property. Taking Spain as an example, in the second quarter of 2017, housing prices in the capital, Madrid, rose by an average of 10.8%; in the popular region of Barcelona, prices soared by as much as 36%, continuing to be the city with the strongest growth and leading the way in Spanish real estate investment. Overall, housing prices across Spain rose by an average of 2.7%, and rental prices are also climbing steadily. Portugal, ranked third as a "best global destination for real estate investment," has seen its real estate market grow at an average annual rate of 5%. According to relevant data, the real estate markets in countries like Greece and Cyprus are also showing a continuous upward trend.
In recent years, there has been a surge in personal overseas asset allocation among Chinese individuals. With the upward trend of the Euro exchange rate, many investors will achieve higher rates of return. More and more high-net-worth individuals have frequently taken action to "bottom-fish" in the European real estate market. Many countries have launched property-based immigration policies, allowing investors to gain returns from property purchases while also obtaining European passports and enjoying the various benefits of European countries. Among these, the Greek property-based immigration program, with its low investment threshold and high cost-effectiveness, has attracted the attention of many investors!
The recovery of the European economy in 2017 has also led to a booming tourism industry in Greece. The number of tourist arrivals in Greece is set to exceed 30 million. The Greek stock market has surged, marking its longest consecutive growth cycle since 1991. Consequently, the current economic development situation within Greece is on the rise, which in turn has stimulated a recovery in the real estate market. The Greek real estate market is currently facing a golden period for bottom-fishing.
Among non-EU investors, especially those from China, the demand for investment in Greek real estate continues to rise. The Greek property-based immigration policy is relatively lenient. As one of the popular choices for investment immigration, Greece is also the cradle of European civilization and possesses a comprehensive EU education system. Investors only need to invest a certain amount in property to obtain a Greek permanent residence card for three generations of their family. Not only can they gain certain investment returns, but after obtaining Greek permanent residency, the investor's children can enjoy free education in Greek public schools. Furthermore, Greece has a sound prevention and emergency system, and its healthcare system is very well-developed, allowing those who immigrate to Greece to enjoy a variety of benefits.
Driven by numerous favorable factors, more and more overseas investors will flock to the region in the future. For investors and immigrants, investing as early as possible is the key, and the earlier the investment is made, the greater the dividend returns will be. The island properties launched by Worldway Group offer a 5-year leaseback with a 7% annual return, meaning investors can recover 35% of their profit in 5 years. This is equivalent to investing only 160,000 Euros to have three generations of a family immigrate to Greece, achieving both investment and immigration! Consultation Hotline: 400-138-2929.
