Calamos Supports Greece

Golden Visa

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...

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...

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 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 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...

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.

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.

Former Google CEO Reportedly Granted Cypriot Citizenship

Former Google CEO Eric Schmidt and his family have now become citizens of the island nation of Cyprus, according to Cypriot and foreign media reports. The former software magnate and CEO, who is now worth a cool $19.2 billion as of...

Speaker of Cyprus Assembly Resigns Over Golden Visa Scandal

The Speaker of the House of Representatives in Cyprus, Demetris Syllouris, resigned on Thursday following corruption allegations implicating him and other officials in the selling of passports to convicted felons. Political parties demanded his resignation after he and another lawmaker,...

Cypriots Furious Over Allegations of Corruption

Hundreds of people gathered in Nicosia on Wednesday to protest the alleged widespread corruption among politicians and lawyers surrounding the Golden Visa program. Politicians, including the president of the Cyprus Assembly, are under pressure to resign following the Al Jazeera...