Spain’s ‘Golden Visa’ scheme has been helping to bolster a recovery in parts of the country’s luxury property market.

Launched in 2013, the scheme grants Spanish residency to investors who spend at least 500,000 euros on property in the country.

It is one of several such schemes across Europe to encourage foreign investment. The UK, Ireland, Portugal, Malta and Cyprus have implemented similar programmes.

“We have helped anyone who wants to come and invest in Spain, to invest capital, to boost…
READ MORE :

euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more

Subscribe for daily dose of business news:

Made by euronews, the most watched news channel in Europe.

source