Recently, the Greek government held a national election, and the New Democracy party emerged victorious. With the New Democracy party taking office, Greece has ushered in a series of major benefits! WorldWay Group has learned from Greek media reports that the new Greek government will introduce a new property tax bill by the end of July this year, which will reduce property taxes by approximately 30% over the next few years.
Starting from 2020, all property owners will receive a 20% reduction in property tax; in 2021, there will be an additional 10% reduction. In other words, if the current property tax is 500 Euros, it will become 400 Euros in 2020 and 350 Euros in 2021!
The new property tax bill is undoubtedly a major benefit for the vast number of immigrant investors, as it will reduce their investment costs.
In recent years, with the development of the Greek economy, Chinese investors have long been familiar with Greece. The series of new policy measures introduced by the new Greek government will also have a positive impact on the Greek economy and other aspects, which will attract more overseas investors to the Greek investment market.
Invest from 250,000 Euros to Obtain Greek Residency for Three Generations of the Family
Through the Greece Golden Visa program, by purchasing Greek property starting from 250,000 Euros, you can not only quickly obtain permanent residency in Greece for three generations of your family, travel freely through 26 Schengen countries, and enjoy Greece's high-quality education, medical care, and other benefits, but you can also acquire property with permanent ownership rights in Greece, enter the Greek investment market, and enjoy investment returns—achieving multiple goals at once!
Greek Island Property Prices Continue to Rise, Becoming a New Investment Hotspot
Data from the Bank of Greece in the first quarter of this year shows that overseas capital inflows for purchasing Greek property increased by 130% year-on-year.
According to data from a Greek real estate website, due to the booming tourism industry, property prices on many tourist islands in Greece have continued to soar since the beginning of this year, with double-digit growth in property prices on many islands in the Aegean and Ionian Seas. This year, property prices on Mykonos have also increased by 7% compared to last year.
As a world-famous tourist and vacation paradise, the average property price on Mykonos is currently lower than that of other world-famous tourist destinations. With the development and growth of the Greek tourism industry, a large number of tourists have arrived on the island, making accommodation on Mykonos in short supply. The average daily booking rate for accommodation on the island ranks the highest in Greece. During the peak tourist season, the average hotel occupancy rate on the island exceeds 85%, and the average daily rental income is as high as 550 Euros. All of this means that the future growth potential of property prices on Mykonos is huge, and it will become a new investment hotspot in Greece!
Seize the Golden Period of Greek Investment with Luxury Garden Apartments in Mykonos, Greece
Property projects personally recommended by high-ranking government officials such as the Greek Ambassador to China, Ministers, and Consuls General
12-year guaranteed rental, 7% annual return, immediate transfer of ownership upon purchase
Purchase property to quickly obtain Greek permanent residency for three generations of the family
High-quality properties are disappearing in seconds, some unit types are already sold out
Good properties are just that popular
Act now and get a good property ahead of others!
WorldWay — Pioneer of Greece Residency by Investment
In 2013, we partnered with the Greek Embassy in China to hold the launch ceremony for "Greece Property Investment Immigration" in China, introducing this project to the Chinese market.
WorldWay Group's senior management has met with dozens of dignitaries, including the Greek Ambassador to China, Commercial Ministers, Consuls, and immigration officials.
Possessing excellent government relations to help you easily invest and immigrate to Greece.
Event Preview
Major good news: WorldWay's six-city joint event, the Ten-Country Passport Consultation Month, is in full swing! Identity planning is a major life plan. With ten countries' passports to choose from and a comparison of multi-functional benefits, there is always one that suits you! 2019 is the year of identity planning, a mid-year event worth participating in. Opportunities are rare, don't miss out! Reservation Hotline: 400-138-2929.
