Once its Achilles heel, Greece’s economy is now its strongest asset. Georgaki Law explains how the nation’s revamped economy is drawing in millionaires from around the globe.
Christina Georgaki observes that wealthy newcomers have brought “industry-specific acumen, business networks, and vital capital” to Greece.
The ultra-wealthy are fleeing restrictive European capitals. Christina Georgaki explains why they’re choosing Greece instead
Georgaki: “This consistency allows investors to plan confidently, knowing the rules won’t change midway through their application process.”
But specialists doubt whether the new rules will make housing more affordable for locals.
Christina Georgaki argues that getting a Greek Golden Visa is superior to a Caribbean passport for those seeking visa-free access to the EU.
Christina Georgaki explains how Greece’s new Golden Visa regulations open doors to interesting real estate investment opportunities.
New data from The Economist indicate shares in Greek companies have been the best-performing golden visa asset over the last year.
Judging by the headlines, you’d think investment migration was headed for extinction. In reality, it is thriving more than ever, writes Christina Georgaki.
Harvard-educated economist PM Mitsotakis’s securing a clear majority in parliament saw the value of Greek assets rise instantly.
A government that actually backs the program, more affordable and varied investment options, and a quicker process are chief advantages.
Only one in ten Greek municipalities are subject to the new EUR 500,000 golden visa property investment minimum, write Georgaki & Partners.
The Greek golden visa is becoming more expensive and Portugal’s may be on its way out. That combination is driving a surge in Greek GV applications.
A Greek golden visa costs $50,000 less than a year ago. Combined with access to the EU and more upside potential, the program has never been more competitive relative to the Caribbean CIPs.
Choose properties on the open market, switch easily between investments if you later change your mind, and pay the same prices as locals.
Foreign investors, retirees, and – in some cases – freelancers and employees can pay a single-digit rate of tax under Greece’s new regimes.
For golden visa investors who buy real estate, the differences between Portugal and Greece are big when all factors are taken into account.
The vast majority of golden visa investors in Greece choose real estate. For many, however, other investment options may be a better choice.