'Golden visas' draw foreign buyers to Iberian real estate

``Buyers from China, Russia, the Middle East or elsewhere who spend at least 500,000 euros on real estate in either country get a permit that lets them travel freely within Europe's 26-country Schengen zone without restriction. The incentives, along with depressed housing prices, are showing the first signs of nibbling at the huge market glut of 3 million empty homes on the Iberian peninsula. '' -- The US is doing something similar...