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.
Previously, the New Democracy cabinet further announced that credit cards would be considered a valid transaction method under the "Greece Golden Visa" program, providing greater convenience for investors. Recently, the new government has also introduced legislation that imposes a fixed tax of only 100,000 euros on global income for investors who invest 500,000 euros and declare themselves as Greek tax residents within three years (an additional fixed tax of 20,000 euros is required for each dependent). According to Bloomberg, the initial term of this program is 15 years.
For investors who become Greek tax residents and invest 1.5 million euros in Greece, they will only need to pay a fixed tax of 50,000 euros on their global income each year; for those investing 3 million euros in Greece, the fixed tax on their global income will be only 25,000 euros per year. Additionally, a safeguard clause will protect these investors from potential impacts of future policy reversals.
The draft bill is scheduled for a vote at the end of November. Given the absolute majority of the New Democracy party in parliament, it is expected that Mitsotakis will achieve his goals.
According to The Guardian, during a visit to Shanghai in early November, the Greek Prime Minister stated: "Today, the Greek government is determined to facilitate foreign investors, attract foreign capital, and create wealth and prosperity for all Greeks in a sustainable and environmentally friendly manner."
With the new government in Greece implementing a series of favorable measures, foreign investors will welcome new investment opportunities in Greece. Currently, through the Greek property investment immigration program, investors can purchase properties starting from 250,000 euros, not only obtaining permanent ownership of real estate in Greece and participating in the Greek investment market but also allowing three generations of the family to apply for Greek permanent residence visas, enabling travel to 26 Schengen countries, achieving multiple benefits.
Worldway Group, as one of the early immigration agencies promoting the Greek property investment immigration project in China, collaborates with reputable Greek developers to introduce various property projects to investors, such as new apartment projects in downtown Athens, seaside apartments in Athens, Mykonos garden villas in Greece, Tinos seaside garden villas in Greece, and hotel shops in Athens, which are among the most popular projects in the market!
New Apartments in Downtown Athens
Layout: 1 Bedroom, 1 Bathroom
Starting from 257,000 euros for 2 units
The project consists of 54 modern serviced apartments, located in a prime area with convenient transportation, elegantly designed, and equipped with facilities such as a gym and a rooftop swimming pool. Residents can enjoy magnificent views of the Acropolis and the city center of Athens.
Seaside Apartments in Athens
Layout: 1 Bedroom / 2 Bedrooms
Overlooking the Athens Seaside Promenade
This project consists of a series of contemporary style apartments with large balconies. Located along the Athens seaside promenade, it boasts a prime location and convenient transportation. The rooftop of the apartment building features an outdoor cinema, gym, lounge area, and other living facilities.
Mykonos Garden Villas in Greece
Layout: 1 Bedroom
Island Tourism Real Estate
The Mykonos Garden Villas project is located in Mykonos Town on Mykonos Island, Greece, near Elia and Agrari beaches, featuring large gardens, swimming pools, and other amenities. It is one of the large property projects on Mykonos Island. Once completed, it is likely to transform the island from a European tourist destination into a global travel hotspot, making it a good choice for overseas asset allocation.
Tinos Seaside Garden Villas in Greece
Layout: 1 Bedroom / 2 Bedrooms
Enjoy Unobstructed Sea Views
This project is located on Tinos Island in Greece, the sister island of Santorini and Mykonos, where every unit enjoys beautiful sea views. The island has convenient transportation and well-developed living facilities, with large gardens, swimming pools, and parking spaces included with the purchase, featuring a secluded design that allows residents to enjoy the beautiful Aegean Sea.
Hotel Shops in Athens
Diverse Living Community
The project is located in the main urban area, near the beautiful seaside promenade and the former royal area, overlooking the Acropolis of Athens, close to the subway station, with convenient transportation that connects to the city's transportation hubs, allowing easy access to various parts of Athens. Above the shops is a hotel, and the ground floor shops include hotel lobbies, restaurants, cafes, etc., equipped with shared office areas, creating a living community that integrates residence, work, leisure, and entertainment, meeting the diverse living needs of high-net-worth individuals.
Worldway Group: One of the Early Immigration Agencies Promoting the Greek Property Investment Immigration Project in China
In 2013, we collaborated with the Greek Embassy in China to hold the launch ceremony of "Greek 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, the Commercial Counselor, Consuls, and immigration officials.
Investors interested in the Greek property investment immigration program know that in the current favorable economic environment in Greece, seizing the opportunity is the best investment! Therefore, investors intending to participate in the Greek investment market should act quickly to benefit early. For more details on Greek property investment immigration, please consult: 400-138-2929.
Property images are for reference only; actual delivery may vary.