Spain Offering Residency To Spur Property
One of Europe's real estate basket cases remains Spain. Pancakes might be flat, but the Spanish sector remains below sea level in broad terms.
Now a new initiative is being tabled to offer residency permits for non-E.U. country buyers.
High profile targets remains Russians and Asians (i.e. mainly Chinese).
A threshold for the entitlement has been reported to be EUR160,000