Greece Immigration News
Greece: immigration policy, education, living, property and more.
Process Further Simplified! Greek Residence Permit Renewals Can Now Be Applied for Online
Recently, according to a notice issued by the Greek Ministry of Migration and Asylum, starting from November 16 local time, the renewal of residence permits for third-country citizens has been moved to an online process.
Housing Prices Continue to Rise, Now is the Right Time to Invest in Greece
Recently, according to data from Geoaxis, a Greek real estate appraisal agency, the growth rate of housing prices in Greece has surpassed twice that of pre-pandemic levels.
Approval Volume Soars by 367%, Greek Golden Visa Gains Popularity
Recently, according to the latest official statistics on the "Golden Visa" (Golden Visa) released by Greece for 2021: as of September 30, 2021, the Greek government has issued a total of 9,129 permanent residence permits to main applicants, cumulatively granting permanent residence permits to 27,449 applicants (investors and their family members). Among them, Greece has issued 6,274 "Golden Visas" to Chinese investors, accounting for a significant proportion...
How to Pass Down Real Estate in Greece to Your Children Tax-Free?
Good news: effective October 1st, every taxpayer in Greece will be able to transfer assets and real estate worth up to 800,000 euros to first-degree direct relatives (parents, children, and siblings) without paying any taxes.
Greek Housing Prices and Rents Rise, International Credit Rating Upgraded Again
Recently, the international rating agency DBRS Morningstar upgraded Greece's credit rating from BB (low) to BB, with the outlook changing from 'stable' to 'positive'. Additionally, the German rating agency Scope Ratings also upgraded Greece's credit rating not long ago.
Far Exceeding Expectations: Greece's Q2 GDP Grows by 16.2% Year-on-Year
According to a recent statistical report released by the Hellenic Statistical Authority, Greece's GDP grew by 16.2% year-on-year in the second quarter of 2021, driven by consumption, private investment, and exports.
Why Choose to Immigrate to Greece?
In people's impressions, Greece is a mysterious and romantic country, a mystical ancient European nation and a renowned tourist destination. The many beautiful myths and charming landscapes of Greece attract numerous foreigners every year. Meanwhile, Greek immigration is also highly favored by investors.
2021 Global 'Favorite Tourism Country': Greece Retains the Top Spot
Recently, Trazee Travel magazine announced the 7th annual 2021 Trazee Travel Awards. Greece once again topped the list of 'Favorite Tourism Countries.' This marks the second consecutive year that Greece has secured the first-place position. Meanwhile, Santorini has been named 'Best Island in Europe' for eight consecutive years. Additionally, Greece was ranked second as the 'Most Favorite Honeymoon Destination.'
A Plan B for Children's Education: An Overseas Identity Is Imminent
For many, the Gaokao (National College Entrance Examination) is a major life test and a watershed moment. Some enter prestigious universities, others attend ordinary colleges, and some enter the workforce, leading to different life paths. With this year's major reforms in the education system, parental anxiety regarding their children's future has continued to mount, and policies concerning the Joint Entrance Exam for Overseas Chinese Students have received increasing attention.
Latest Forecast: Greek Housing Prices to Rise by an Average of 4.9% Annually Through 2027
A recent analysis by Piraeus Bank indicates that Greek residential real estate prices are expected to rise at an average annual rate of 4.9% until 2027, with the potential to return to pre-financial crisis levels. The report also projects year-on-year growth in Greek residential prices of 5.7% in 2021, 6.4% in 2022, 5.7% in 2023, and 5% in 2024.
The Greek Real Estate Market Has Seen Significant Recent Growth; Now Is the Time to Invest
According to recent survey data, the Greek residential market is gradually recovering. The survey shows that in the second quarter of 2021, housing prices in the Attica region, where Athens is located, rose by 10.1% year-on-year, reaching 1,155 euros per square meter. Asking prices in the northern and western suburbs of the capital, Athens, also rose by 7.9%, reaching 2,430 euros/sqm and 1,407 euros/sqm, respectively. Prices in the southern suburbs of Athens remain high, with an average asking price of...
Greece's Global Comprehensive Competitiveness Ranking Continues to Rise
Recently, the Swiss Institute for Management Development (IMD) released the 2021 World Competitiveness Yearbook. Greece's comprehensive competitiveness ranking rose by 3 places to 46th, with significant improvements across other key indicators.