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Residency permits will be issued to foreigners buying

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உங்கள் உறவுகளை சிங்கள நாட்டிலிருந்து மீட்க நினைத்தால், விரைவாக கூப்பிடலாம்

The Spanish government has announced that residency permits will be issued to foreigners buying houses worth more than €160,000, in an attempt to reduce Spain´s surplus property stock.

The plan is expected to be approved in the coming weeks and, according to the Secretary of State for commerce, Jaime García-Legaz, the new measure is aimed mainly at the Chinese and Russian markets, which are showing a strong demand for residency in Spain.

Jaime García-Legaz also said that setting a lower price limit is not possible, since this would create a “massive demand” for residence permits.

http://www.repossessed-property-spain.com/en/news/343/spain-to-offer-residency-rights-to-foreign-property-buyers/

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