Regarding global asset allocation, it is no longer an unfamiliar term for most high-net-worth individuals.
Looking back at the first half of the year, globally, vaccination, fiscal stimulus, and capital market performance can be said to be several key words.
As a low-risk and stable investment, real estate investment is one of the most reliable and effective means to combat financial risk events such as inflation.
Real estate has the characteristics of "protection + value-added". After experiencing the European debt crisis and economic crisis, the real estate in Greece has fallen by 40%. Now it is at a low value, which is a good buying opportunity. And in the past two years, Greek house prices have not feared the impact of the epidemic and have risen against the trend. The allocation of real estate in Greece can decentralize the allocation of assets in hand, and the real estate can also maintain and increase in value due to rising housing prices and rental income.
The biggest reason why Greek housing projects are favored by Chinese investors is that not only can they obtain real estate, but also Able to obtain permanent residency status in Greece.
According to the official website of Greek immigration, as of June this year, Greece has accumulated to 8692 main applicants Permanent residence cards were issued, and the main applicant and his family members have won a total of 26,123 permanent residence cards. Among them, 6190 Chinese were approved, accounting for 71.2%. Turkey and Russia ranked second and third with 541 and 474 permanent residency approved.
According to the data released by the Central Bank of Greece, the property index in Greece has continued to grow in the past year.1.7%< /strong>, maintaining the trend of continuous growth in the past few years.
It is obvious from the data that even though the immigration policy for house buyers in Greece has been implemented for many years, the popularity has not diminished! The actual number of applicants has also increased during the epidemic. The number of applications approved for wholesale in the first half of 2021 has exceeded the data for the entire year of last year.
Greece's launch of the house purchase immigration program is extremely competitive in the market. It not only has low investment costs and low thresholds, but also enjoys local medical and educational benefits. At the same time, after the children meet the corresponding conditions, they can also participate in the entrance exam as Overseas Chinese Score easily admitted to prestigious schools.
Not only that, Greece is also a member of the EU member states, and after obtaining Greek status, you have the right to freely settle and work in other EU countries.
Greece launches digital map of housing prices
Recently, the Greek Ministry of Finance announced that it will launch a new digital platform with immediate effect to provide an interactive map of the objective value of Greek real estate. (Https://maps.gsis.gr/valuemaps/). The public can use this online tool to view the area where their property is located and obtain information about the objective value of the property.
It is reported that the platform is a cooperation between the Ministry of Finance of Greece and the department that develops e-government. It is created using GIS geographic information system technology. People can access the system without a username, password or other personal information. Users can view satellite maps and view objective price data of various real estates.
Previously, Greek Finance Minister Stekulas announced on June 7 a new version of the objective value table of Greek real estate, the objective value of many regions The value has shown "explosive growth" by more than 200%.
"The first rule of investment is not to lose money, and the second rule is to never forget the first."
-Buffett
According to the current Greek real estate data, this criterion is appropriate.
From a policy point of view, the Greek government has introduced many preferential policies for real estate taxation: for example, starting in 2020, the levy on the transfer of new houses will be suspended24% Value-added tax for a period of 3 years; suspension of the levy of capital gains tax on real estate transactions for 3 years until the end of 2022 and other such policies, which specifically benefit foreign investors,Enable investors to maximize their benefits.
Under the control of these long-term preferential policies, the Greek government has introduced a number of short-term policies for permanent residence in real estate investment, such as simplifying the application process, shortening the waiting time, extending the residence card period, and establishing new departments to speed up approvals.
These not only strengthen the confidence of investors, but also reflect the attitude of the Greek government.
Now Greece has opened its doors to welcome guests (Greece announced: inoculation of the following three Chinese vaccines, entry is exempt from inspection!), tourists from various countries are expected to return in large numbers. B&Bs, hotels, rental apartments and other properties will continue to pick up, which will also bring huge amounts of capital The influx of influx, thereby leveraging the entire real estate market to heat up again, in the second half of 2021, Greek real estate may usher in a new golden age.
Xingyunhai International
SING YUN
Greek Golden Visa Program
Cyprus
Turkey
Saint Kitts and Nevis
Greece
