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Greece Property Investment Immigration
Good News! Greece Has Officially Started Issuing the "Green Pass"
Having opened its borders in mid-May, Greece is gradually reviving its tourism industry. To facilitate the entry of more tourists and promote the free movement of people within the region, Greece launched the platform for applying for and issuing the Greek version of the "Green Pass" on June 1st.
Invest in Greece with Warren Buffett!
According to the Greek financial website Capital.gr, Warren Buffett's Berkshire Hathaway HomeServices has decided to invest in the Greek real estate sector, as it foresees significant business opportunities and a surge in historical investment demand, which is expected to peak in the coming years.
Greece, Having Reopened Its Tourism Industry, Achieves Another 'World's Second'
Following the reopening of its tourism industry, Greece has recently received more major positive news! The Hellenic Society for the Protection of Nature announced that this year, a total of 545 beaches, 16 marinas, and 6 tourism boats in Greece have been awarded the 'Blue Flag' status, with the number of 'Blue Flag' beaches ranking second in the world.
Greece Allows Conditional Entry for Tourists from 21 Countries Including China
Tourism is one of the most important economic pillars for Greece. Affected by the pandemic, Greece has finally reopened its borders after being closed for more than a year. On May 14, local time, the Greek tourism season kicked off as scheduled, and Greece officially opened its borders to international tourists.
Another Major Plan Released in Greece, Bringing New Benefits to Immigration Investment!
Recently, Greek Prime Minister Kyriakos Mitsotakis announced the government's upcoming economic recovery package in a speech, highlighting five tax and insurance relief policies for employees and companies, the first three of which will be permanent.
Greece Receives Another Favorable Rating from an International Agency in 2021
Recently, the international rating agency Standard & Poor's announced an upgrade of Greece's long-term sovereign credit rating by one notch from "BB-" to "BB," with a "positive" outlook. Over the next 12-18 months, Greece's sovereign credit rating may be further upgraded, bringing it closer to "investment grade" after years of debt crisis.
Greece's tourism industry is about to restart, and this type of investor has already taken the lead!
For many countries around the world, as the pandemic is gradually brought under control, COVID-19 vaccinations are being administered in an orderly manner. Many tourism-dependent countries have successively relaxed entry and exit controls and have begun to welcome international tourists. As a globally popular tourist destination, Greece has also gradually relaxed travel restrictions for incoming travelers.
Major Boost for Greek Investment: A €60 Billion Plan is Here!
Recently, Greek Prime Minister Kyriakos Mitsotakis announced the "National Recovery Plan," aimed at building a "Greece 2.0" era centered on investment and reform. The plan strives to create 200,000 jobs and increase GDP by 7 percentage points over the next six years. The initiative consists of 170 projects covering sectors such as energy, telecommunications, and infrastructure.
Another Data Point Confirms: Greece's Economic Recovery Momentum is Strong
The Greek Ministry of Finance recently announced that it has successfully repaid 3.3 billion euros of debt to the International Monetary Fund (IMF) ahead of schedule, an amount that will cover loans maturing in 2021 and 2022. This is the second time since 2019 that Greece has repaid IMF debt early, signaling that Greece's economic recovery momentum is strong and its strength cannot be ignored.
How much did Greek property prices actually rise in 2020?
According to data collected by credit institutions, Greek property prices increased by an average of 2.6% in the fourth quarter of 2020 compared to the same period in 2019, while data from the Bank of Greece (BoG) for the full year of 2020 shows that Greek property prices rose by an average of 4.2%.
Greece Expected to Open Tourism in May
Recently, Greek Minister of Tourism Harry Theoharis, while participating in the annual ITB international tourism exhibition online, invited international tourists to spend their holidays in Greece this year with the promotional slogan "All you want is Greece!". He also promised that if epidemiological data permits, Greece will open its doors to tourists by May 14.
Greek Immigration Accelerated! Dedicated "Golden Visa" Service Department Established
According to the latest announcement from the Greek Migration Office, the newly established dedicated "Golden Visa" service department will officially commence operations on March 1st.