The last train of low-cost house buyers in Greece is about to arrive!
On the afternoon of September 10, local time in Greece, Greek Prime Minister Mitsotakis announced in his speech in Thessaloniki: In order to increase the available real estate for Greeks, the purchase threshold for the golden residence visa will be raised from 250,000 euros to 500,000 euros EUR.
At present, the Greek government is revising the framework of the golden residence visa program, and has not announced the details and implementation time of the relevant revisions. But with reference to previous immigration coups, there may be a transition period of 4-6 months from the announcement to the official implementation.
This means that investors can still get the Greek golden residence visa at a preferential price of 250,000 euros. The processing of the Greek golden residence visa is fast, and the last train is not waiting. Investors should seize the opportunity!
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economic development
Policy tightening is inevitable
The Greek Golden Residence Visa program was launched in 2013. Among the projects of European countries to buy and immigrate, the Greek golden residence visa is one of the projects with the lowest threshold. Since its launch, the Greek golden residence visa has been favored by international investors due to its high cost performance.
According to data released by the Greek Immigration Service, as of December 31, 2021, Greece has issued a total of 28,767 golden residence visas to 9,610 investor families.
Among them, 19,412 golden residence visas were issued to 6,405 Chinese investors, which is the largest number of visas issued by all the countries applying for it, accounting for 67.5%. From the perspective of the most fundamental purpose of immigration: the country needs immigrants, mostly to promote the economic and cultural development of the country or region.
When the number of immigrants increases and the economic development momentum improves, the threshold for immigration will also increase accordingly. In recent years, the Greek economy has recovered strongly, and the demand for golden residence visas has continued to increase, and policy tightening is inevitable.
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Greek Status Benefits Review
According to local survey data in Greece, the demand for Greek golden residence visas increased by 127% in the first half of this year, ranking first in Europe. So what can investors gain from holding a Greek golden residence visa?
quick return on investment
The Golden Residence Visa Program is also an investment opportunity. Greece's economic growth rate in 2021 is 8.5%, a significant improvement. In addition, Greek banks and economists expect the Greek economy to grow by 5% in 2022 and 3.9% in 2023.
The development of the economy has driven the rise in housing prices in Greece, which can bring great benefits to real estate investors.
ideal place to live
Greece is a cultural holy land, the birthplace of European civilization, and has many monuments.
In addition, Greece has a Mediterranean climate with plenty of sunshine and a pleasant climate. In summer in Greece, people can fully enjoy the sea and the sun, and in winter, they can enjoy the beautiful snow scenery of the mountains.
free travel in europe
With a Greek golden residence visa, you can not only travel freely and live in Greece for a long time, but also enter 26 Schengen member states visa-free, including France, Germany, Italy, Portugal, Spain, Finland, Denmark, the Netherlands, Iceland and other countries. Europe.
quality education system
Holders of permanent residence in Greece can enjoy 9 years of compulsory education and 12 years of free education, which is basically the same as the Chinese school system and easy to connect. If the child has graduated from high school and meets the relevant residence requirements, he can also overtake the overseas Chinese student and return to China to participate in the joint entrance examination for overseas Chinese students.
In addition, Greece has British and American international schools with low tuition fees and direct access to European and American universities.
At present, the policy change is still in the transition period, and investors can also get the Greek golden residence visa at a preferential price of 250,000 euros. The last train of "low-cost" investment and purchase of houses in Greece has arrived. If it is out of date, investors should get on the train early!
A Greek golden visa can bring so many "surprises" to the whole family, and more and more international investors come here. .