Golden Visa
Business
Greece Mulls Restriction on Airbnb Lettings Through Golden Visa Program
Greece is considering restricting Airbnb-type rental for properties that will be acquired through the Golden Visa program to tackle the severe shortage of properties for long-term rental in Athens and elsewhere.
Although the final decisions have not yet been taken,...
Business
Greece Plans to Increase Golden Visa Requirement to €800,000
Greece will increase the threshold of the minimum investments for third-country nationals to acquire the Golden Visa, PM Kyriakos Mitsotakis announced in parliament on Friday.
Speaking at a debate on the housing crisis affecting hundreds of thousands of Greeks, Mitsotakis...
Business
Chinese Investors Expected to Storm Greek Real Estate Market
Chinese investors are expected to storm the Greek residential real estate market, global real estate giant Juwai IQI, headquartered in Malaysia, said in a report published on Tuesday.
The company says that Portugal's decision to effectively end its Golden Visa...
Business
Greece Doubles Investment Requirement for the Golden Visa
Greece will increase the minimum value of the property that must be acquired to grant eligibility for a Golden Visa to 500,000 euros ($532,000) in certain parts of the country, according to an amendment tabled in Parliament on Wednesday.
The...
Business
Real Estate, Golden Visa Demand Skyrocket in Greece
The Golden Visa program of Greece is the most popular in Europe, as rich non-EU citizens are lining up to get theirs for a minimum investment of 250,000 euros ($244,300) that will be doubled.
According to a recent survey provided...
Economy
1,200 Millionaires Expected to Make Greece their Home This Year
Over 1,000 millionaires will become migrants to Greece and choose the country as their new permanent home this year.
Greece cracked the top 10 of destinations that "millionaire movers" are expected to choose, according to a new report from Henley...
Cyprus
Cyprus Vacillating on Russia Flight Ban
The many financial ties Cyprus has with Russia appear to be causing Nicosia to vacillate on the terms for its own airspace ban on Russian flights that was called for in response to the Russian invasion of Ukraine.
Just the...
Cyprus
Cyprus Revokes 45 Golden Visas in the Wake of Last Year’s Scandal
The Cypriot government announced on Friday that it would rescind the citizenship of 45 foreign investors and their relatives who acquired Cypriot passports through the country's corrupt 'golden visas' scheme.
The decision was reached after an independent inquiry into the...
Greek News
Double the Number of Migrants are Leaving than Entering Greece
Migrants are leaving Greece at a much faster pace than they are entering it, according to the newest figures on migration released Wednesday.
Greek News
EU Digital Covid Certificate for Expat Residents
The platform that went live in Greece on Tuesday, to issue the EU Digital Covid Certificate, is inaccessible to legal foreign residents in Greece.