Real estate investors are flocking to Spain which implemented a new residency scheme. The new residency scheme allows foreign real estate investors to buy residential properties worth millions.
Real estate investors of India find the property market of Spain more attractive. With the implementation of new residency scheme, foreign real estate investors are permitted to buy residential properties worth about Rs.1,15,82,745 (€160,000).
Spanish government aims to attract foreign investment through their new policy. Indian real estate investors are targeted mainly. Their higher spending on real estate properties is widely known. Continue reading