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Europe’s golden visas attract rich foreigners

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European countries facing economic crisis are offering wealthy foreign investors the opportunity to swap cash for visas. In the wake of recession Spain, Portugal, Greece and Cyprus are hoping to strengthen their economies by opening up the real estate market to foreigners in exchange for visas. Immigration experts state that countries including China, Russia, Africa, and the United Arab Emirates are interested …

Golden Euroresidence VisasEurope’s golden visas attract rich foreigners
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Blackstone and Goldman Sachs compite in Spanish market for renting real estate

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The drastic price decline in Spanish real estate has garnered the attention of two of the biggest international investment companies. According to Bloomberg, Blackstone and Goldman Sachs are competing for 1,500 properties in the Autonomous Community of Madrid. The news agency, which cited three well-informed sources, stated that the two American companies are contending for 1,458 homes and 1,588 garages …

Golden Euroresidence VisasBlackstone and Goldman Sachs compite in Spanish market for renting real estate