Spain's Economy Recovers; Christmas Consumption and Employment Data Set to Reach Seven-Year High

Spain's economy recovers; Christmas consumption and employment data set to reach a seven-year high. The best immigration news is available on the Worldway Immigration official website.

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       According to the website of the Spanish newspaper "ABC", Maria Dolores de Cospedal, Secretary-General of the People's Party of Spain, stated last Saturday that Spain's consumption and employment data this Christmas will be the best in nearly seven years. Furthermore, 2015 is expected to see a decline in the unemployment rate, an increase in the employment rate, and the consolidation and strengthening of social policies in Spain.
Spain's Economy Recovers; Christmas Consumption and Employment Data Set to Reach Seven-Year High

It is reported that the People's Party of Spain has organized a national tour to showcase their economic growth and employment data to the public and officials across the country. The Spanish Minister of Employment stated that Spaniards are now full of hope for the current situation and the future, thanks to the various reform measures implemented by the government, which have created quality jobs across all sectors. She emphasized: "After six years of economic crisis, 2014 will be the first year to begin creating jobs and the first year that the number of businesses has started to increase."

The Minister of Employment pointed out: "By the end of this year, Spain will have added 100,000 new businesses. Entrepreneurs, small and medium-sized enterprises, and private companies have created a positive outlook for economic recovery and increased employment rates."

The International Monetary Fund (IMF) mentioned in its earlier "World Economic Outlook Report" that Spain is one of the strongest performing economies in the Eurozone this year. Spain is currently gradually emerging from the shadow of the long-term economic recession in the Eurozone, with a promising outlook for economic recovery. The warming of the domestic economy in Spain has given investors in Spanish property-based immigration greater investment confidence. On September 28, 2013, Spain legally clarified the new investment immigration policy structured around "obtaining Spanish residency through property investment." Non-EU citizens who purchase property in Spain valued at no less than 500,000 euros can obtain Spanish residency permits for their entire family. There are no strict residency requirements, and holders can enjoy various benefits in tourism, education, and healthcare. The relaxed policy and the relatively low investment threshold have instantly ignited a boom in Spanish property investment, with the number of investors from non-traditional Spanish investment countries, such as China, growing the fastest."

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