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club , coronavirus , data , editors-picks , europe , golden-visa , greece , greek , intel-data , portugal , statistics

The Portuguese Golden Visa Market Has Bounced Back – The Greek One Has Not

September 15, 2020

Christian NesheimEditor   While approvals for Portugal’s golden visa are already back on track for a statistically normal year, those of Greece have halted. Once more, the statistics coming this month from the Ministry of Migration Policy via Enterprise Greece appear retroactively adjusted; the number of main applicants approved...

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club , europe , golden-visa , greece , greek , residence-by-investment , rozakis

Property Owners Fret Over Inability to Visit New Homes in Greece and Get Their Golden Visas

September 2, 2020

Christian NesheimEditor   Many bought qualifying homes in 2019 and were on the verge of finalizing their residence permits before the outbreak. Now, they’re out EUR250,000 and unable to enter Greece. At least 120 Chinese families that invested in property in Greece as part of their golden visa application...

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club , europe , flat-tax , greece , greek , tax-residency

Greece to Target Foreign Pensioners With 7% Flat Tax to Bolster Economic Recovery

July 22, 2020

Ahmad AbbasJordan   The Greek Ministry of Finance has tabled a law that will implement a flat income tax rate of 7% for foreign retirees who transfer their tax residence to Greece, according to the Guardian. Parliament is set to deliberate the law within the week. “The logic is...

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club , data , europe , golden-visa , greece , greek , intel-data , residence-by-investment , statistics

Pandemic Pummels Greek Golden Visa in Q2, But Policy Changes Offer Promise of Comeback in Q3

July 9, 2020

Christian NesheimEditor   New procedural measures for the Greek Golden Visa will make remote-application feasible and boost application volumes in Q3, but they did not take effect in time to save Q2. An important note about the Greek data:At IMI, we’ve been tracking the Greek Golden Visa statistics regularly...

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alexander-risvas , club , golden-visa , greece , greek , risvas , ten-on-the-weekend , totw

10 on the Weekend – Alexander Risvas: Greek Golden Visa is a “National Effort”

May 30, 2020

Ten On The Weekend is a weekly feature on IMI, the concept of which is simple: Each weekend, we ask the same ten questions to a different industry figure, letting readers get to know the interviewee on a more personal and informal level than they might in an ordinary business...

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club , data , editors-picks , europe , golden-visa , greece , greek , intel-data , portugal , residence-by-investment , statistics

Pandemic Has Robbed Greek and Portuguese Golden Visas of Nearly EUR 300 Million So Far

May 26, 2020

Christian NesheimEditor   How much money are Europe’s golden visa programs losing due to COVID-19? Looking at weekly average investments in 2020 compared to the pre-COVID trend, we can make a rough estimate. New data this week from the Greek Ministry of Immigration and Asylum Policy show 136 new...

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club , editors-picks , europe , golden-visa , greece , greek , policy-updates , risvas , rozakis , varnavas

Weak Q3 Expected for Greek Golden Visa, But Flurry of Reforms May Bring a Roaring Q4

May 18, 2020

Christian NesheimEditor   Greece was first among the major European golden visa countries to close its immigration processing operations as part of a broad early response to the COVID-19 pandemic that has earned the country much international praise. Before the pandemic, however, the program’s administrators – the decentralized authorities’...

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club , europe , fip-visa , golden-visa , greece , greek , policy-updates , residence-by-investment , rozakis

Greek Amendments to Reduce Golden Visa Investment Risk, Demand Physical Presence for FIP-Visas

May 15, 2020

Christian NesheimEditor   The Greek Parliament this week voted to pass Law 4686/2020 which, among other changes, enables the investor to pay in full for the property directly from abroad, rather than by first opening a Greek bank account. Technically, golden visa investors in the country have always been...

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club , coronavirus , europe , golden-visa , greece , greek , policy-updates , residence-by-investment

Greece to “Jump-Start” Golden Visa Program, Allow Investors to Apply by Proxy

May 1, 2020

Image credit: Jim Makos Christian NesheimEditor   On April 21st, GTP reported that the Greek government was actively examining the re-launch of its golden visa program with an eye to jump-starting the program as soon as possible. Greece was first among Europe’s major golden visa countries to close its...

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club , data , europe , golden-visa , greece , greek , intel-data , residence-by-investment , statistics

Shock-Figures Show Greek Golden Visa Hardest Hit by COVID-19

April 8, 2020

Christian NesheimEditor   While virtually all residence and citizenship by investment programs are slated to hit the Coronavirus-wall in the first and second quarters of 2020, Q1 figures show Greece – where China has been the source of four-fifths of applicants over the last year – have been disproportionately...

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