For thousands of Greeks living abroad, owning property in Greece is both a blessing and a burden. Whether inherited or purchased years ago, many of these homes and apartments are now sitting idle—unused, unmanaged, and slowly falling into disrepair. Despite being far from the homeland, owners are still burdened with local property taxes and maintenance … Read more
Since the Greek government raised the investment thresholds for its Golden Visa program in 2024, the real estate market and investor landscape have experienced notable shifts. Originally launched in 2013 with a modest €250,000 entry point, the program became a magnet for non-EU investors seeking European residency. However, to address housing pressures and refine the … Read more
In recent times, a noticeable shift has occurred among Europe’s golden visa programs, marked by tighter regulations, increased minimum investment thresholds, and, in some cases, the outright elimination of these programs. This trend has been observed across the continent, impacting countries such as Ireland, Portugal, and now, Greece. Ireland and Portugal: Early Changes The transformation … Read more
The Greece Golden Visa has long been a sought-after option for investors seeking European residency through investment programs. As international mobility and investment opportunities abroad increasingly become plan B options for many, the Greece Golden Visa stands out as a favourite with high demand. However, as of early 2024, the program has undergone some significant … Read more
Greek Government Unveils Updated Investment Thresholds for Golden Visa Program
Thinking of establishing a company in Greece? There are three main types of company structures in Greece: Private Companies (IKE); Limited Liability Companies (EPE); and Company Limited by Shares / Societe Anonyme (AE). PRIVATE COMPANY – IKE An IKE (‘Ιδιωτική Κεφαλαιουχική Εταιρεία’) is a private capital company with its own legal personality. The IKE is incorporated by its “Members”, … Read more
According to @Greeceinvestor, in the first 5 months of 2022, Greece’s airports have seen 14 million passengers – a boost of 377.7% compared to the same period last year that brings the country to 86% of pre-Covid numbers. Further, according to the Greek Minister of tourism, Greece will see an additional 5.7 million visitors via … Read more
Aegean Islands: Short Term Rental Demand up 101% The short-term rental sector in Greece is recovering at the fastest rate on a pan-European level, following the general course of tourism this year. Summer 2022 is in full swing in Greece. Hotels are filled to capacity, and short-term rental properties via platforms like AirBnb are also in … Read more