Calamos Supports Greece

Golden Visa

Demand for Greek Real Estate from Chinese Investors Peaks Despite Coronavirus

Chinese investors' demand for Greek real estate continues to be strong and has actually peaked during the coronavirus crisis, as Greece is considered to be safer than other countries in this regard due to its low infection rate. A study of...

Chinese Investors Rush to Greece for Golden Visa

The Chinese are setting records for the number of so-called "Golden Visas," or investment visas, they are obtaining in Greece, according to statistics released recently by the Greek government. Chinese investors account for an amazing 68 percent of all Greek...

Greece Sets New, Higher Investment Criteria for Golden Visa Program

Greece launched a new set of criteria on Thursday for offering a Golden Visa to foreign citizens, setting out procedures for the granting of a five-year entrance and residence permit in Greece to non-EU nationals. More specifically, in order to...

Cyprus Revokes "Golden Passports" From 26 Wealthy Foreign Investors

The Cyprus government says it will revoke the "Golden Passports" that once were purchased by 26 wealthy foreign investors and family members from outside the EU. The measures follow an outcry over media reports that Malaysian businessman Jho Low had...

Foreign Investment in Greek Properties Skyrockets in First Half of 2019

According to the latest data published recently by the Bank of Greece, the foreign capital flowing into Greece to buy properties during the first six months of 2019 showed a staggering increase of 49 percent compared to the same...

Chinese Demand for Greek Property Remains High Despite EU Crackdown

The Chinese demand for Greek property remains close to historic highs, despite the European Commission's recent call for a crackdown on potential abuses of European Golden Visa programs, says Carrie Law, director of leading Chinese real estate company Juwai. Chinese...

'Golden Visas' show 46% Increase in 2018

Greece saw an increase of 46 percent in the number of residence permits given to non-EU citizens who took advantage of the "Golden Visa" program in 2018, Kathimerini daily reports. The program provides renewable residence and work permits to individuals...

''Golden Visa'' Investors and Tourism Boosting Greece's Recovery

  The Greek economy is currently undergoing a major transformation, mainly because of the real estate boom and record-breaking tourist arrivals, the New York Times reported on Wednesday. The American newspaper analyzed the two major factors which are contributing to Greece's...

Greece to Expand ''Golden Visa'' Granting Criteria

The Greek Ministry of the Economy brought a bill to the Parliament on Friday, with which it intends to broaden the criteria of the ''Golden Visa'' program. After the bill is voted on, the Greek State will be able to...

Golden Visa, Airbnb Drive Greeks Out of Housing Market

The real estate market in Greece is booming because of an extraordinary amount of sales to foreigners who want to receive the so-called "Golden Visa", while an increase in the number of people who short-lease their apartments to platforms like Airbnb is driving up rent prices.