Residency
Changes to Greece’s Golden Visa scheme
Changes to Greece's Golden Visa scheme are set to kick in at the end of the summer. This will see increases in the minimum amount needed to invest in order to secure a residence permit in an effort to tackle the country's housing crisis. This move comes as golden visa programs are being phased out or shut down around Europe, and as housing has become a hot political issue.
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Golden Visa demand grows
New applications for five-year residence permits through the Golden Visa program continue unabated, as 1,299 new applications were submitted in the first two months of this year, compared to 1,248 applications submitted in the corresponding two months last year.
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Spain axes 'golden visa' to curb property speculation
Spain is to axe its so-called "golden visa" scheme under which foreign investors get residency for a 500,000-euro-investment in property, to curb the speculation blighting many Spanish cities, Prime Minister Pedro Sanchez has said.
Greece lifts price of Golden Visa to fight housing crisis
Greece has tightened its Golden Visa rules raising the required investment to as much as 800,000 euros in a bid to help ease a housing crisis.
The successful program that has attracted thousands of Chinese launched in 2014 granting foreigners a renewable, five-year residence permit in return for a 250,000-euro property investment.
Greece raises bar for ‘golden visas’
Greek authorities have decided to raise the minimum property purchase price for the "golden visa" scheme, which grants residency rights to foreigners in exchange for buying real estate, from 250,000 to 400,000 euros ($433,000) — a staggering 60 percent increase.
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Greece tightens Golden Visa rules
The Finance Ministry presented on Thursday changes to the Golden Visa program increasing the minimum amount a third national needs to invest and secure the residence permit, in an effort to tackle the country's housing crisis.
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Divorce between short stay and Golden Visa
The government is considering to impose restrictions on short-term rental properties acquired through the "Golden Visa" program, as sources say the aim is to increase the availability of properties for long-term rentals.
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Immigration: Almost 5,000 applications for the new type of residence permit for third-country nationals to carry out work
Of these, 828 applicants have already received a "blue card" (temporary residence permit), while 3,952 applications are under examination
Fresh Golden Visa concerns
Real estate professionals, foreign investors and homeowners have been concerned in the past few days over the precise changes being planned to the Golden Visa program.
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Three Golden Visa investment thresholds
Reports circulating in the market in recent days regarding the Golden Visa program suggest that the government intends to establish three different investment thresholds, depending on the area where the property in question is located.
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