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Hongkongers eye Spain property market via Non-Lucrative Visa

Spain's property market is experiencing a surge in interest from Hongkongers and other individuals leaving the UK and Canada. Many are opting for Spain's Non-Lucrative Visa (NLV) program, which allows residency for those with sufficient passive income or savings, rather than engaging in employment. This trend is partly driven by rising living costs and shifting immigration policies in their current countries of residence, making Spain an increasingly attractive alternative. AI

RANK_REASON This article discusses trends in emigration and property markets, not a specific AI-related event or release.

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Hongkongers eye Spain property market via Non-Lucrative Visa

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Cheryl Arcibal ·

    Spain’s property market sees boost as Hongkongers, others, depart the UK and Canada

    Hong Kong families in the United Kingdom and Canada are facing deep uncertainty due to shifting immigration policies and the rising cost of living, and some are looking for alternative destinations to settle. Property agents said Spain’s Non-Lucrative Visa (NLV), designed for ret…