Buying property in Greece has always been a complicated process, but now with the introduction of e-auctions, it has become simpler. E-auctions is an online auction platform that allows buyers to purchase properties in Greece without the hassle of traditional property buying. This guide will provide you with a brief overview of the process, including…
The General Secretariat of Immigration Policy has started the new process of electronic submission of applications for the granting of initial residence permits to citizens of third countries. In particular, from Wednesday, November 16, 2022, all applications for the initial granting of residence permits for citizens of third countries are submitted exclusively through the electronic…
FT includes the Greek economy in an article on Monday September 26th entitled “The seven economic wonders of a worried world”, noting that “In periods of gloom like this one, when commentators see nothing but faults in most countries, it is worth highlighting the few that defy the prevailing pessimism. Here are seven that stand…
Greece is becoming a top destination for wealthy migrants, as it is expected to welcome 1,200 “millionaire immigrants” this year. This country is among the top 10 preferred countries for high income earners looking for another place of permanent residence, according to data from Henley & Partners, a company that helps wealthy clients migrate. The…
The pandemic of 2020 and the new trends it set in motion redefined the investment decisions in permanent residence programs for non E.U. citizens at a global scale. These are the reasons to invest in Greece and apply for a Greek Golden Visa. 1.- Low cost access to European residence program (Golden Visa) Greece has…
Since its implementation in 2014 the Greek Golden Visa Program has been successful in garnering foreign interest from all over the world. The Greek residency program is so well received and in high demand for 2 reasons: 1. It requires the lowest investment in the European Union (€250,000) through real estate purchase and 2. It…
Greece is the Golden Visa destination of choice for UK HNWs. Brexit isn’t the driving factor behind investor intention with family and location the most important factors in the decision-making process, according to research from Astons, the international experts on real estate, residency, and citizenship through investment. Astons study asked those with investable assets of £1…
A permanent residence permit (Golden Visa Program) can now be granted to a third country citizen who acquires property in Greece following an auction. This was decided on the 13th-10-2020 by the Legal State Council of Greece Following a successful auction of a property located in Greece and the payment by the bidder (third country citizen)…
Remote bank account opening facilitates the Golden Visa Program: Following the recent government announcements that aimed at facilitating Golden Visa’s procedures for investors, now comes the latest Government Gazzete that clarifies the prospect of opening bank accounts remotely. The Executive Committee of the Bank of Greece passed in late May of this year a decision for the remote electronic…
The Greek government is planning incentives for foreign pensioners to establish second homes and tax residency in Greece as part of the country’s efforts to tap into the fast-growing “Silver Economy”. The European Commission estimates that by 2025, the needs and demands of Europe’s seniors will grow to €5.7 trillion, up from more than €3.7…
