[Immigration Notice] Latest Update from the Greek Immigration Office

Latest Update from the Greek Immigration Office: Due to internal system issues, the Immigration Office is expected to suspend operations until February 2, 2018. We ask for the understanding of clients who are scheduled to submit applications or collect permanent residence cards. Whether existing appointments will be affected remains subject to further notice from the Immigration Office. Clients scheduled for submission & fingerprinting in the near future should be aware of the possibility of temporary cancellations or rescheduling; please try to book return tickets that allow for changes. Clients with visas nearing expiration or tight travel schedules may choose to extend their stay or reschedule as appropriate.

The robust growth of the Greek tourism industry is remarkable, with a large influx of overseas capital into the Greek market. According to data analysis from the Bank of Greece, an estimated 500 million euros flowed into the Greek real estate market from abroad in 2017, representing a year-on-year increase of approximately 72% in the first seven months. The thriving tourism industry and an increasing number of investment projects are the primary reasons for the significant stimulation of local real estate demand.

In 2013, the Greek government launched the "Golden Visa" program for non-EU citizens. Non-EU citizens who purchase 250,000 euros worth of real estate (with permanent property rights) in a single transaction can apply for a Greek permanent residence permit. According to official Greek data, among the 2,079 Golden Visas issued as of October 2017, the number of Chinese applicants was nearly double what it had been five months prior.

As a popular destination for investment immigration, obtaining Greek permanent residency not only allows investors to earn certain returns, but their children can also enjoy free education in Greek public schools. Furthermore, Greece has a comprehensive prevention and emergency system, a well-developed healthcare system, a comfortable lifestyle, and is a living paradise. Investing and immigrating to Greece offers a variety of benefits!

In the face of ever-changing immigration policies, Worldway Group reminds all investors to pay close attention to policy updates. Worldway Group will continue to bring you the latest information on Greece. Now is a relatively relaxed time for Greek immigration policy, a period with a shorter and faster processing cycle, and an optimal time for real estate investment. The island properties launched by Worldway Group offer a 5-year leaseback with a 7% annual return, meaning investors can recover 35% of their profit in 5 years. This is equivalent to investing only 160,000 euros to enable three generations of a family to immigrate to Greece, plan their lives, and build a second home overseas. For details, please call: 400-138-2929.