New package of measures – boost for businesses, freelancers and property owners The Hellenic Parliament is bringing new measures that will alleviate the self- employed, businesses, and property owners. These measures are purposed to support entrepreneurship. Specifically, the new measures concern: The heating allowance The mortgages loans The solidarity contribution Petrospective pensioners Refund of…
After a teleconference between the Minister of Development and Investment Mr. Adonis Georgiadis and executives of important American companies led by the President of the American-Central European Business Association, Mr. Eric Stewart, expressed interest in launching investments in research and technology, pharmaceutical bioengineering. , defense industry and tourism. According to Mr. Georgiadis, the climate was…
Nine out of ten companies-members of the Hellenic-German Chamber of Commerce keep their investment program active in Greece, despite the adverse effects on the economy caused by Covid-19, according to a report by Capital.gr. Nearly 40% estimate that the economy will recover after a year, while the vast majority (73.51%) see a return to normal…
The Minister of Development and Investment signed two new challenges of the Development Law 4399/2016, amounting to 500 million euros. With this amount, investments of at least 1.5 billion euros are expected to be launched. The amount concerns aid to General Entrepreneurship with an amount of 350 million euros and Entrepreneurship of Very Small and…
Based on a Joint Ministerial Decision (JMD), third-country nationals will be able to obtain a residence and residence permit in Greece by investing in Greek government bonds, company shares or even deposits. In this case, whoever chooses to invest in this category, in addition to the necessary supporting documents, must also have a recent certification,…
The Government’s spatial bill is expected to include the activation of the Transfer of Building Factor through the Digital Land Bank. The bill comes to provide a solution to property owners who own the title deeds that cannot be exploited, taking advantage of the entire building factor that applies in the area. All properties belonging…
A plan for a gradual opening of the tourist market in July is being expressed by the Government. Taking into account the great importance of tourism for the restart of the economy and the fact that Greece has been less affected by the pandemic of the corona, government sources submit their proposals and the program…
The new economic conditions in Greece have created new conditions in the investment space. An economy that emerges from a multi-year recession such as the Greek one offers great investment opportunities, both in the real estate market and in the construction industry. 1. Obtaining a Residence Permit for investments of 250,000 euros, which is the…
Issuance of a Residence Permit On 19/02/2020, Law 4666/20120 was published in the Government Gazette, which replaces articles 33 and 34 of Law 4251/2014. The articles in question concern the granting of a residence permit for study purposes. As mentioned in article 6 of law 4666/20020 (Replacement of article 33 of law 4251/2014 (Α΄ 80),…
The well-known Golden Visa (Investor Residence Permit) started in 2013 with Law 4146/2013 and is in recent years the largest pole of attraction for investment in our country by foreign investors. In fact, Golden Visa is a 5-year residence permit issued to third-country nationals who either acquire real estate worth 250,000 euros, or invest 3…