News flows out: Greece considers golden visa program to lower the threshold
How much will the price of the Golden Visa be reduced? When should I start? Has house prices in the center of Athens been capped? Will Greek real estate maintain its value in the long term?
Key news: Greece is considering overhauling the Golden Visa program
November 3rdGreek Travel PageAccording to reports, local media publicly stated that the reform measures that the Greek Development and Investments Ministry will take effect after the epidemic subsides include incentives for real estate investment in areas outside of Attica, aimed at revitalizing real estate across the country market.
Attica (Αττική) is the administrative region where Athens, the capital of Greece, is located. It has a population of more than one third of Greece and a total area of 3,808 square kilometers. The area covers the well-known Kifisia, Plaka, and Koronaki. , Alimos, Glyfada, Vola, Piraeus Port, and the embassy area, Attica is the most densely populated area in Greece.
October 19EURO2DAYAccording to reports, real estate priced at 50,000 or 60,000 euros was sold to Chinese buyers for 250,000 euros or higher. In addition, two Chinese investors bought the same house and both obtained "golden visas."
November 6thInternational Investment websiteWith the heading "Greece is considering a complete overhaulGolden visaAccording to the plan, the Ministry of Development and Investment of Greece intends to limit the upper limit of real estate prices. Greece will work hard to promote commercial and tourism welfare in other Greek regions. The expected focus will be on the western and northern regions of Greece outside of Attica. To ensure the plan The effective implementation of the Greek Golden Visa in these areas will be set at a lower price. The government tries to attract potential investors and persuade them to give these undervalued areas a chance.
Recently, a spokesperson for the European Commission said: "EU citizenship cannot be traded as a commodity, and the ongoing "Golden Passport" program calls for its termination as soon as possible. "After the suspension of the Cyprus and Malta citizenship by investment program, news of the tightening of the European immigration program frequently spread, causing many people to focus on Turkey, Montenegro,Caribbean passport immigration, Greece is the first country to run counter to the EU Council’s resolution. Why does the final result have to wait until the epidemic is over? Chinese citizens account for about 70% of successful Greek Golden Visa applicants, and the demand of British investors has also kept growing, so that the UK can still move freely between the UK and the EU after Brexit.
Europe is facing severe housing turmoil due to economic recession, epidemics and other reasons. Investors who want to buy a house to obtain status should pay attention to the risk of investment. It is recommended to carefully evaluate the purchase of a house remotely or directly pay the intermediary company. The current golden visa policy and renewal terms may be both There are also unknown risks. If Greece is still a short-term immigration to Europe, you canVisa for financially independent persons from Greece, Or buyFor Caribbean passportVisa-free visits to Europe, first have the qualifications to enter and leave Europe freely, and then carefully choose a room in person. Europe has already begun the second blockade, the United States is facing election issues and the winter epidemic.ConsultationProfessional consultants can only execute accurately when a plan is drawn up.
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