Worldway International Comprehensive News: On June 25, according to the latest media reports, the Greek Parliament voted on the new immigration bill, which has finally been passed with a high number of votes that many have been eagerly anticipating. Worldway International immigration experts stated that the Greek Parliament supported the bill with 172 votes in favor and 91 votes against, agreeing in principle to amend the bill, although each amendment proposal will need to be voted on separately next week. We will closely monitor and report in a timely manner, providing authoritative interpretations for everyone:
According to reports, the new bill includes the following important contents:
1. Clarification of Permanent Residency
The latest decree clearly names permanent residency as "Investor Permanent Residence Permit". Applicants can obtain permanent residency as long as they hold the property they have purchased.
2. One Investment, Three Generations of Immigration
Previously, the parents of the main applicant could not apply for a Greek green card through the Greek investment immigration program and could only travel to Greece later through a one-year family reunion visa. After the new policy is implemented, the parents of the applicant can apply together, and their status will be the same as that of the main applicant, truly achieving one investment for the entire family across three generations to immigrate to Europe.
3. Naturalization
A. Holders of residence permits obtained through property purchases in Greece will have their time spent living in Greece counted towards the required residence time for long-term residence permits and naturalization.
B. Children born in Greece: If one parent has continuously resided in Greece for five years before the child's birth, and the child has lived in Greece since birth and is properly registered in a Greek primary school, the child can be naturalized (if the child is born while one parent has not resided in Greece for five years, the child can apply for naturalization when the parent has resided in Greece for ten years).
C. Children not born in Greece:
Must have studied continuously in Greece for six years before the age of 18, starting no later than age 12; or must meet the requirements for graduating from high school and university in Greece (apply for naturalization within three years after university graduation); or must meet the requirements for graduating from middle school and vocational school in Greece (apply for naturalization within three years after vocational school graduation).
4. Best Strategy for Children’s Status Expiration After Age 21
Individuals who obtain residence permits through property purchases can resell the property to third parties seeking residence permits, but the original property holder will lose their status. Parents can transfer the property and status to their children after they turn 21, while they themselves can join the application as parents.
Regarding the changes in the new policy, Worldway International immigration experts have provided authoritative interpretations:
Since the implementation of the Greek investment immigration program in 2013, immigration policies have been continuously relaxed. To this day, the new Greek policy has further elevated Greek investment immigration to a high cost-performance ratio in Europe, making it highly valuable for investment. Therefore, now is the best time to apply for the Greek investment immigration policy.
Firstly, with the arrival of the era of global capital, the wave of overseas investment by Chinese individuals is bound to come due to changes in global financial trends, leading to a diversification trend in asset allocation. For Chinese investors, the optimal time for overseas investment has arrived, and investment immigration is often the primary form of personal investment; immigration investment comes first, followed by subsequent investments. The new policy in Greece is about to be implemented, and numerous favorable policies will undoubtedly attract a large number of applicants to invest, leading to a surge in property prices. Therefore, those interested in European immigration investment should act quickly.
Secondly, as Greece is a popular tourist destination, with the increasing heat of the Greek investment immigration market, the local economy will also recover accordingly. At that time, the Greek immigration policy may raise the threshold. Therefore, this is an excellent opportunity to enter Greek immigration investment. Greek immigration consultation: 400-138-2929