DoubleDragon Corp. has introduced an innovative solution for Filipinos looking to obtain golden visas for Spain. The company’s Hotel101 venture has partnered with three corporate partners to assist investors in applying for golden visas. By acquiring at least three units in the upcoming hotel in Madrid, investors will meet the minimum investment value required for the visa. Additionally, DoubleDragon’s partners will waive the golden visa advisory and fee during the preselling period. This collaboration not only offers a great investment opportunity but also ensures a smooth process for golden visa applicants.
For those concerned about managing their Spanish properties while residing in the Philippines, investing in Hotel101 units eliminates the burden of finding tenants and property maintenance. Furthermore, this investment solution addresses the issue of foreigners driving up local real estate prices, allowing Spain to benefit from foreign investments without affecting the availability of homes for the local population.
In another development, Union Bank of the Philippines, led by Aboitiz, has introduced dollar-dispensing ATMs to cater to Filipinos’ growing need for foreign currencies. These ATMs allow users to withdraw US dollars in $100 denominations without any withdrawal fees. The bank plans to install more of these ATMs in locations frequented by customers with intensive US dollar transaction requirements, providing convenience and accessibility beyond regular banking hours.
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Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.