Worldway Comprehensive Report: European immigration countries are favored by immigrants from various countries due to their good living environment, comprehensive welfare benefits, and advanced education, among many other advantages. The immigrant countries within the EU are also doing everything they can to attract more investment immigrants, achieving significant development throughout the past year of 2014. So who will be the dark horse of European immigration in 2015? Let's first interpret Greece, which will implement a new immigration policy in 2015.
In April 2013, the Greece property investment immigration program was officially announced. By April 2014, the Greek government had issued a total of 494 permanent residence visas through the investment law. Among these, 185 were issued to Russian citizens and 119 to Chinese citizens.
On October 22, 2014, the Greek Investment Promotion Agency, the Greek Ministry of Development, and the Greek Ministry of Interior held a joint meeting in Athens regarding the implementation of the "Greece Investment Immigration Promotion Act." The meeting focused on the clarification and confirmation of the current policy by Mr. Angelos Syrigos, Secretary General of the Greek Ministry of Interior, as well as sharing the latest reform clauses of this policy with the public.
Regarding the new immigration policy that Greece will implement in 2015, Worldway immigration experts will explain to you the specific reform clauses:
Clarification of Permanent Residence: The Secretary General of the Greek Ministry of Interior confirmed that the permanent residence (PR) is issued to citizens of third countries. The latest decree will also clarify that the name for permanent residence will be "Investor Permanent Residence Permit"; applicants can obtain permanent residence as long as they hold the property they purchased.
Parental Inclusion: Previously, the principal applicant's parents could not apply for the Greek green card through the Greek investment immigration law and could only travel to Greece later through a one-year family reunion visa. After the new policy is issued, the applicant's parents can apply simultaneously, obtaining the same status as the principal applicant, truly achieving the situation where one investment allows the whole family, including three generations, to immigrate to Europe.
Children's Age: The age limit for children has been relaxed to under 21 years old; those who are 21 years old can obtain three years of residence rights.
Naturalization Opportunities: According to the original law, holders of Greek permanent residence were not eligible for naturalization. The new policy modification allows time spent living in Greece after obtaining permanent residence to be counted towards naturalization time; after residing for seven years, with at least six months each year and passing a Greek language exam, one can apply for naturalization.
Property Resale: Holding property that grants residence rights allows the property to be sold to a new buyer; the new buyer from a third country can also obtain residence rights, but the original property holder will lose their permanent residence permit. However, if the new buyer from a third country is the holder's adult child, and the property is transferred to future generations, the original property holder will not lose their status.
Through this series of immigration policy reforms, the Greek real estate investment immigration project has minimum financial requirements, the fastest approval speeds, and no immigration monitoring. Coupled with increasingly humane and favorable policies for applicants, the Greek investment immigration project is bound to experience an explosion in demand, making Greece the dark horse in the wave of immigration in Europe and even worldwide.
The latest reform clauses for the Greek property investment immigration program will be finally confirmed and implemented at the beginning of 2015, with specific details to be clarified at that time. Please stay tuned. For more information about Greek investment immigration, please inquire at 400-138-2929.
