A new Greek law envisages reductions in a special property tax (ENFIA) by an average weighted 22 pct, offering a respite to real estate owners in the middle class and low-value owners. Cuts in ENFIA, based on the total value of real estate assets, will be: 30 pct for property up to 60,000 euros, 27…
An Economy Ministry bill tabled in Parliament provides for the broadening of the criteria for non-European Union citizens to be granted a five-year residence permit, or Golden Visa, beyond the investment of 250,000 euros in local real estate assets. The draft law foresees permits being issued for third-country nationals (and their families) who invest a…
