Immigration

The decision to raise the threshold for acquiring a Golden Visa, that is Greek citizenship in exchange for a real estate purchase, seems to be paying off.

More measures are needed, however, to discourage opportunists who reap all the benefits without doing very much for the Greek economy.

The Golden Visa program that offers five-year residence permits to non-EU nationals who make sizable investments in Greece has started to show signs of decline.

It follows nearly two frantic years for buyers due to successive changes to the minimum investment threshold in order to secure the coveted permit.

Piraeus continues to show the largest increase in the asking prices for sale and rent of houses in the second quarter of the year, according to the Spitogatos Property Index (SPI) of the online classifieds network Spitogatos.gr.

President Joe Biden has introduced a significant new immigration measure that could legalize hundreds of thousands of undocumented migrants in the United States.

Consultancy firms are reporting investment interest that could shape the conditions for a shift from real estate to financial placements in search of the five-year residence permit the Greek state offers for major investments, given the questions the firms receive from capital owners, thanks to the new tools in the Greek Golden Visa program.

The upcoming elections for the European Parliament are among the most important in the history of the Union, with critical challenges for the future, ranging from immigration, European defense and relations with the United States and China, to artificial intelligence, cyber security, but also the management (at the military, diplomatic, humanitarian and economic level) of two wars with enormous

The first list of 2,400 Egyptian nationals who will work in Greece was received from the Egyptian government by Migration and Asylum Minister Dimitris Kairidis during his visit to the country on Friday.

In post-civil war Greece of the 1950s and 1960s, poverty plagued the populace and migration seemed like the only path to a better life for many Greeks. Among the destinations was Germany, which had entered into an agreement with Greece to import migrant workers for its factories.

A small decline has been recorded in new applications for residence permits through the Golden Visa program in the first quarter.

Türkiye has once again emerged as the leading country hosting the highest number of refugees globally, according to the latest report released by the United Nations' migration agency.