Property sellers allegedly exploit Golden Visa loopholes, pocketing up to €150,000 per deal through inflated prices and tax manipulation,
More popular than ever, the Greek golden visa struggles to get through a backlog caused by biometric appointment delays during COVID-19.
But specialists doubt whether the new rules will make housing more affordable for locals.
Investors will have until next year, at least, to file under the current EUR 250k threshold, and changes will only apply in parts of the country.
Despite a flurry of program-enhancing policy changes, the Greek golden visa’s performance in 2020 was lackluster compared to Portugal’s. Why?
The government is heeding the advice of practitioners and speeding up golden visa processing. Their zeal, unfortunately, isn’t matched by local authorities.
Alexander Varnavas has worked with golden visas since before it was cool and is surprised that industry leaders think startup visas are the next big thing.
Immigration offices in the capital region are turning away applications due to a lack of capacity. Fortunately, regional offices are picking up the slack.