Introduction to Naturalization of Investment in Greece

Greece's 250,000 euros to buy a house and get a green card is definitely no stranger to investors. It was once the most popular investment immigration project in the European immigration market. Even now, it is still one of the world ’s highest volume “green card” projects. According to the latest data from the Ministry of Policy, as of June 4, 2019, the Greek government has issued golden visas to 4,537 families. China ranks first with 2,757 families, accounting for more than 60% of the total. The Greek green card has accumulated such a huge amount in a short period of time, and the Greek government has continued to release investment benefits, making it the world's most popular investment immigration project!

According to the Greek local media, Philenews, the new Greek government plans to adopt a new investment plan next year, with a minimum investment of 2.5 million euros to directly obtain a Greek passport. This plan has many similarities with the passport plan of neighboring Cyprus. It has attracted the attention of relevant business personnel in Cyprus.

Naturalization of investment

With the advent of the new era of the Greek economy, according to sources on August 26: According to people familiar with the matter, the new right-wing government of Kyriacos Mitsotakis is drafting its own citizenship through an investment plan similar to Cyprus, so it is quite competitive. Will directly target the market share of Cyprus.

A source said that the new plan is expected to be implemented after the first quarter of 2020 and may involve an investment of 2.5 million euros. The investment limit in Cyprus is 2 million euros plus VAT. As far as Greece is concerned, the plan is to defer VAT payments for three years, which basically means that at the time of investment, the cost is essentially the same as Cyprus.

A reporter from the newspaper confirmed to the media that senior representatives from the Cyprus real estate sector had obtained information from politicians in the country, and that the source of the politicians' information was their counterparts in Greece in the Ministry of Economy, which also confirmed Greece The authenticity of the CIP (Investment Direct Purchase Passport) program.

According to the development of the Greek investment and immigration project, the Greek golden visa is still the hottest choice for immigration in the world. However, compared with the direct foreign investment income of neighboring Cyprus in the passport program, the new Greek government obviously wants to Such a broad market share of gold has a share.

In the first quarter of 19, Greece ’s GDP increased by 1.3%, mainly due to the growth of the tourism industry and overseas investment, especially the investment in the real estate industry brought by the golden visa project. According to the latest research report of the OECD, Greece's expected economic growth rate is 2.1% in 2019 and 2.0% in 20 years.

Greece's current "Golden Visa" program (Greek purchases of more than 250,000 euros can apply for permanent residence in Greece) has performed extremely well in the immigration and overseas investment markets.

Why invest in Greece

➤ Credit ratings are all positive. At present, the three major international credit rating agencies for Greece ’s sovereign credit ratings are:

Moody's rated Greece as "B1" and its outlook is "stable";

Fitch has rated Greece as "BB-" and its outlook is "stable";

Standard & Poor's confirmed the Greek rating as "B +" and the outlook is "positive".

➤Greece has been permanently included in the US Visa Waiver Program!

Last October, Greece was permanently included in the "U.S. Visa Waiver Program." This means that Greek passport holders do not need a visa to stay in the United States for 90 days, and it is permanent! Long! No! sign!

The Greek passport has always had this amount of money. Prior to this, the Greek Citizenship Protection Department pointed out that the United States government believes that Greek citizens have always complied with the rules and obligations of travel to the United States. The security agencies of the two countries have decided to waive the cooperation. The annual review of this visa-free agreement provides that Greek passport holders can permanently enjoy visa-free access to the United States. The Greek passport now ranks sixth with the Australian passport in the global passport rankings, with 183 visa-free countries. At present, there are 11 countries in the world that can theoretically invest directly in passports, five in the Caribbean (Antigua, Dominica, Grenada, Saint Lucia, Saint Kitts), three in Europe (Malta, Cyprus, Bulgaria), Asia Two (Turkey, Cambodia), plus Vanuatu in Oceania.

If the new plan of the Greek government is implemented successfully, it will be the 12th CIP (Investment Direct Purchase Passport Program) country, and perhaps the most attractive one.

➤ "Schengen" + "EU" Gold Status

Greece belongs to the European Union, the euro area, and the Schengen area, of which the Schengen area is composed of 26 European countries. Holding a Greek green card or nationality has the same travel privileges as a Greek citizen in the Schengen area. Visa-free entry into 26 Schengen countries, no need to apply for a visa, eliminating the tedious visa link, you can take off from China, enter any Schengen country, stay in any Schengen country for 3 months and many other advantages. Naturalization in Greece, the passport will be upgraded to "EU passport", the gold content is evident!

➤Vacation paradise

The ancient Mediterranean country, Greece's mediterranean climate has four distinct seasons, and autumn and spring can provide plenty of sunlight. The short and mild winter also provides travelers with beautiful snowy mountain fun; the Greek summer can last from May to September, allowing you to enjoy the sun and the beach. One of the countries with the most comprehensive social welfare in Greece, whether it is education, medical care or retirement, has absolute advantages!

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