Under the influence of the situation in Russia and Ukraine, European energy prices and inflation rates soared, and the euro exchange rate continued to decline, falling to a new 20-year low.
As of now, the offshore exchange rate of the euro against the dollar is hovering around the 1.02 mark, and the possibility of the euro against the dollar falling below parity has increased.
At the same time, the euro against the RMB has also entered a lower range, and the current exchange rate is about 6.7649, that is, 1 euro ≈ 6.76 yuan.
As of this year, with Croatia's accession, the number of member states in the euro zone has reached 20, with a population of 340 million.
According to incomplete statistics, there are currently 1.5 trillion euros in circulation around the world, of which about 1 trillion is circulated within the euro area and 0.5 trillion is circulated outside the euro area.
The euro is also the world's second-largest reserve currency, with a share of around 20%.
Overall, the downward pressure on the Eurozone economy has increased.
For import and export, some people are happy and some are worried. However, it is almost certain that the decline of the euro will drive the prosperity of European tourism, shopping, real estate, export and other markets to a certain extent.
If you plan to study, immigrate, or invest in Europe
Now is the time to take advantage of this wave
A good time to "buy the dips" in Europe!
Taking the Greek house purchase immigration project as an example, compared with when the euro was at a high point of 7.2, it now costs more than 100,000 yuan to save:
EUR 7.2:
Real estate investment of 250,000 euros ≈ 1.8 million yuan
EUR 6.7 (current):
Real estate investment of 250,000 euros ≈ 1.675 million yuan
It can be seen that the current euro low investment:
Greece's "real estate investment + identity planning" in one step ≈ 125,000 yuan in savings
Greece is currently one of the countries with the lowest thresholds for all home-purchase immigration programs in Europe. There are no language, business, and capital source requirements. Holders of a permanent resident card are exempt from visas to 26 Schengen countries.
After holding the permanent residence card for 5 years, you can also apply for EU permanent residence, enjoy the right to work and receive education in other EU countries, and apply for naturalization after holding the permanent residence card for 7 years.
In addition to Greece, Malta, Portugal, Ireland, etc. are all good choices!
Unlike traditional immigration countries such as the United Kingdom, the United States, Canada and Australia, many European countries have launched immigration programs that do not need to wait for long queues, have no language education requirements, and only need to invest to obtain residency status.
Most of these projects have very low or no residency requirements, which also makes more and more people understand:
Immigrants ≠ emigration, and it is not difficult to configure a "European identity" with high gold content.
In addition, overseas real estate has special investment attributes:
Diversified asset allocation
get overseas status
"Real estate investment + identity planning" in one step
Why not do it?
And now that the exchange rate of the euro and the yen has fallen below the usual level, buying a high-quality real estate now is saving investment costs in disguise.
However, investors need to pay attention to:
Europe has also gradually tightened its immigration policy recently, requiring liberal and cost-effective immigration programs to be "do it and cherish it".
At the same time, it is also affected by the increase in supply chain disruptions, the rise in commodity prices caused by the conflict in Russia and Ukraine, and the overall increase in uncertainty. European house prices are almost "crazy"!
In the first half of this year, housing prices in major European cities rose by around 20% overall.
The Great Inflation in Istanbul, Turkey
House prices have risen by more than 60%
Athens, Greece, Dublin, Ireland, etc.
House prices rose by more than 20%
In addition, in Germany, where housing prices are relatively stable in the eyes of the public, housing prices have actually risen for six years.
In the future, the shortage of real estate caused by factors such as strong demand, accelerated inflow of overseas investors, monetary policy, etc., may promote the continuous rise in housing prices, resulting in higher investment thresholds or higher costs.
It is recommended that investors who intend to apply for European status and purchase a property should plan as soon as possible, seize the opportunity to submit an application, and act immediately is the best policy. Please inquire about related matters!
Cyprus
Turkey
Saint Kitts and Nevis
Greece
