Chinese and Russians are the leading investors in Spain’s golden visa scheme.
According to El Pais, 2,236 foreign investors invested in Spanish golden visa scheme bringing €2.16 billion investment in 3 years into Spain. 59.4% of the investors are Chinese and Russians.
70% of the total investment injected into real estate market in Spain. The most popular locations to buy a property are Barcelona, Malaga, Alicante, Madrid.
The spanish “golden visa” scheme grant residency to investors and family members against investment in 500,000 euros property investment, 1 million in stocks, 2 million in spanish treasury bonds or 1 million in businesses.
The number of Brits buying a home in Spain has fallen thanks to Brexit and falling value of Pound.
Portugal, neighbour of Spain, on the other hand has brought €3 billion total investment in 2017 through the Golden visa scheme in Portugal.