Golden visa applications for investment in Greece very low
A total of 1,573 Golden Visas had been issued to 3rd country nationals on January 1s 2017, according to Enterprise Greece, the organisation responsible for running the Golden Visa program. The program allows non-EU citizens and members of their families extended visa stays in Greece under the condition they invest over 250,000 euros on property or other activities. China with 664 permits, followed by Russia (348), Egypt (77), Lebanon (73) and Ukraine (67) made up the list of the top country citizens.
The numbers are considered low, given the fact that the program to boost foreign investment has been running since 2013. In an effort to make the plan more effective market professional in the market involved in the promotion of the program with Deputy Minister of Economy and Development Stergios Pistiolas to explore news methods to enhance the plan and improve its effectiveness. Some of the proposals discussed during the meeting included limiting red tape for those interested in applying, as well as lowering the 250,000-euro condition to 200,000.
You may be interested
Organised beaches to open on Saturday across Greecemakis - May 05, 2021
Organised beaches in Greece will open n Saturday, May 8, as the easing up of the Covid-19 measures is taking…
Restarurants, cafes partially open in Greecemakis - May 03, 2021
People sitting at tables outside, in restaurants, eateries, and cafes, sipping their coffee or having a snack, were encouraging images…
Covid vaccination platform for 40-44 age group to open tonight – SMS code “6” for food and coffee from Mondaymakis - Apr 28, 2021
Deputy Minister of Civil Protection, Nikos Hardalias, reiterated the need for all the protection measures in the churches, starting the…