Greece Immigration News
Greece: immigration policy, education, living, property and more.
Cut, Cut, Cut! Greece Continues Tax Reductions in 2020
Good news! Following the new Greek government's introduction of a series of favorable tax reduction policies for investors (such as a 22% reduction in property tax and a 50% tax reduction for renovations), Greece's investment immigration program receives another boost! The Greek Minister of Finance recently stated that Greece is confident in strong economic growth for next year and has committed to further tax reductions and increased investments in 2020. This is undoubtedly…
Come and Claim! The Greek Government is About to Distribute "Christmas Red Envelopes"
Mitsotakis stated that the government will provide special assistance to "those who need help the most." Specifically, the groups eligible for the "social dividend" include some long-term unemployed individuals, families with multiple children, and families with disabled children.
EU Calls for Abolition of 'Golden Visa' Programs: Cherish Your Opportunity to Immigrate to Europe
According to a report by the European Times, the European Economic and Social Committee (EESC) has called for all EU countries to abolish their 'Golden Visa' programs.
What is the Economic Outlook for Greece? Take a Look at This Fiscal Budget
The Greek Ministry of Finance recently submitted the 2020 national fiscal budget to the Greek Parliament. Based on factors such as increased investment, improved domestic demand, and tax reduction incentives, the budget forecasts that the Greek economy will grow by 2.8% next year, marking Greece's recovery from a decade-long economic crisis.
An Investment of 270 Million Euros! Athens, Greece Will Present a New Look
According to Greek media reports, the Athens City Council approved the budget for the city's infrastructure enhancement project on Monday, increasing the amount from last year's 150 million euros to 270 million euros.
New Benefits for Investment in Greece: Significant Reduction in Fixed Taxes for Qualified Investors
Recently, the new cabinet of Greece has introduced a series of bold reforms, particularly aimed at encouraging international investment. In the first two months of his term, the new Prime Minister of Greece has announced a series of tax reduction policies favorable to investors, such as a 22% reduction in property tax and a 50% tax reduction for renovations.
New Schengen Visa Policy Effective from 2020, Making Travel to Europe More Convenient
Good news! The Schengen visa reform plan is about to be implemented, making travel to Europe more convenient! In June 2019, the Council of the European Union officially approved the Schengen visa reform plan, which was published in the Official Journal of the European Union. According to the European Commission, the new Schengen visa reform plan will be implemented in six months, meaning that from January 2020, applicants preparing to travel to Schengen countries can...
A Reassurance for Investment in Greece: China and Greece Strengthen Comprehensive Strategic Partnership
November in Greece is crisp and refreshing, marking the season of the olive harvest. At the invitation of Greek President Prokopis Pavlopoulos, President Xi paid a state visit to Greece from November 10 to 12. This marks the first visit by a Chinese President to Greece in 11 years, holding profound significance for the development of China-Greece relations and presenting a golden opportunity for numerous investors to tap into the Greek market.
Good News! Greek Property Taxes May Be Further Reduced
Before his election, the new Greek Prime Minister Kyriakos Mitsotakis promised to "revitalize the middle class." Supporting reforms, creating more tax cuts, and removing obstacles to doing business have become his top priorities since taking office. Now, these promises are very likely to be realized!
Investing in Greece Appears to Have Reached a 'Strategic Level'
Various signs indicate that investing in Greece seems to have reached a 'strategic level'!
Greece's Real Estate Immigration Benefits: Exemption from 24% Value-Added Tax for 3 Years
On the evening of October 23, local time, Greek Prime Minister Kyriakos Mitsotakis announced the launch of a series of tax reduction policies for the real estate sector, aiming to stimulate investment and boost the development of Greece's construction industry. This includes a policy exempting new buildings from the 24% value-added tax, applicable to properties with building permits issued after January 1, 2006, for a period of three years.
Surge in Greek Tourist Numbers, Promising Prospects for the Tourism Real Estate Industry
In the spring of 2019, Greece reporter reported that several islands in Greece would receive a total investment of 240 million euros to promote the development of the tourism industry. Recent data shows that in the first half of this year, Greece welcomed over 25.53 million tourists, an increase of 5.3% compared to last year, and the number of tourists in Greece is expected to exceed 40 million in 2019!