Greek Immigration Offices Close Over Covid-19 – Others Will Follow
Sneer not at the Italians, for there, but for the grace of about two weeks, go the rest of us.
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After Waiting Two Years for Greek Golden Visas, 35 Investors Prepare Class Action Suit
The 35 Chinese applicants demand an immediate granting of their visas, compensation, and the bringing to justice of the responsible bureaucrats.
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Inefficient Bureaucrats Costing Greece Billions in Lost Golden Visa Revenue Say Practitioners
Greek residence by investment practitioners say program revenue could be more than double its current level if only the country’s Decentralized Authorities weren’t so inefficient.
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Chinese Investors’ Association Says Chinese Will Spend €1 Billion on Greek Golden Visas in 2020
The Association of Chinese Investors in Greece says their countrymen will spend €800 million to €1 billion on Greek golden visas in 2020. Is that realistic?
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Greek Golden Visa Has Raised Some €2 Billion From Almost 19k Participants
Having already beaten all European records in 2018, there was little left for Greece to outperform in 2019 but its own achievements, which it did by 34%.
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Chinese Agents Frustrated by Greek Golden Visa Developers’ Payment Issues
Paying returns to old investors with funds from new ones: In finance, that’s called a Ponzi scheme. In Golden Visa real estate, it’s par for the course.
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Golden Visa Demand, VAT-Breaks See Athens-Region New Development Area Equivalent to Gibraltar
The Greek property market has taken a drastic turn for the better during 2019, spurred on by a VAT holiday and soaring demand for golden visas.
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Greek Golden Visa to Surpass 2,000 Main Applicants in 2019, 40% Ahead of Closest EU Competitor
Greece’s residence by investment program is raising €23 million a week. Already Europe’s most popular program by far, its application volumes keep growing.
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Greece Formally Approves Litany of New Asset Classes For Golden Visa Investment
After two years on the drawing board, the Greek government yesterday approved a variety of new investment options for its golden visa program.
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Greek Govt. Tables Lump-Sum Tax of as Little as €25,000 For Qualified Investors
Greek Prime Minister Mitsotakis means business: Invest half a million; pay 100,000 in tax. Invest 1.5 million; pay 50,000. Invest 3 million; pay 25,000.
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Greece to Allow Credit Card Payments for Residence by Investment Program
In a decision diametrically opposed to that of the previous government, Greek authorities move to allow the use of POS-terminals for golden visa investments.
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Greek Capital-Region Immigration Offices Not Taking Any New Golden Visa Applications
Immigration offices in the capital region are turning away applications due to a lack of capacity. Fortunately, regional offices are picking up the slack.
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More Than 15,000 People Now Hold Greek Residence by Investment Permits
The Greek golden visa program is raising capital to the tune of EUR 15-20 million a week, most of it attributable to Chinese investors.
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Greek Govt. Reportedly Weighs Golden Visa Price Doubling, Compulsory Stay
Unconfirmed reports indicate Greece will double its minimum investment requirement, introduce compulsory stays, and mandate minimum spending.
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Greek Golden Visa Stakeholders Rejoice as New Govt. Eliminates VAT on Property Investment
Greek property just got a whole lot cheaper. The new government has declared it will not collect VAT on real estate investments for the next three years.
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Planned Equity/Bond Investment Options For Greek Golden Visa On Hold Pending Election
Greece has put plans for the EUR 400,000 share, bond, and deposit options on ice as it braces for a snap election on July 7th.
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Greece Decentralizes Golden Visa Processing to Tackle Two-Year Waitlists in Greater Athens
Rules requiring golden visa investors submit files in the municipality where they bought the property had seen Athens appointments fully booked until 2021.
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645 Investors and 2,042 Family Members Received Greek Golden Visas in First Half of 2019
On an annualized basis, this equates to an 8% drop in main applicants, but a 35% increase in total visas, indicating prodigious family size growth.
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Rozakis: The Greek Golden Visa – NOT The Portuguese – Is The World’s Best
Mahmoudi maintains that Portugal has the world’s best golden visa. In response, Rozakis lists the reasons why that is not the case.
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Greek Golden Visa Approvals Slow Sharply in Q1 But Chinese Appetite Still Strong
Despite growing Chinese Chinese demand, approvals are down by a quarter on an annualized basis, and Iraqi and Iranian investors
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