Loading...

Business in Greece

Business in Greece

Greece is located in Southern Europe, on the gentle waters of the Mediterranean sea, and is the birthplace of the modern western world. It is the country that gave rise to democracy, western philosophy, the Olympics, scientific and mathematic discovery and western drama. Its rich historical legacy is reflected by its 18 UNESCO World Heritage Sites, among the most in Europe, and its proud traditions that still influence modern Greeks today. The Greek people are known for their love of culture, delicious foods, strong coffee, and close families. Greeks enjoys a high standard of living, supported by tourism, shipping, and food and tobacco production. Once the greatest civilization in world, carving a clear path for all who would come after, Greece is still the envy of world powers for history, food, beauty and culture.

FACTS AND FIGURES

  • Population: 10,900,000
  • GDP: $195,878,000,000
  • Per Capita GDP: $17,565
  • Size: 131, 960kmĀ²
  • Capital: Athens

GREECE INVESTOR PERMANENT RESIDENCE PERMIT PROGRAMME

PROGRAM DETAILS

Primary applicants should be above 18 years old, non EU citizens, and only need to commit a purchase of property with a net worth of 250K euros, without any examination into background, experience or funds. Applicants may claim dependents can be the spouse, children under 21 years old (or above 21 years old still on study, unmarried and depend on the main applicant), parents depended and parents-in-law.

POLICY

Apr 9th, 2013, Greece parliament introduced a law aiming to stimulate the economy of Greece. This law allows non-EU citizens and dependents to receive permanent residency in Greece for 5 years by purchasing a property in Greece with a value of 250K Euros. Jun 9th, 2015, the law was revised, allowing the dependent parents and parents-in-law to receive permanent residency and the property can be sold to a third country citizen who can continue the application.

LATEST NEWS

State Budget Revenue Surpassed Targets in September ( 10.26) State budget net revenue grew 23.31 percent in September compared with budget targets, final figures released by the General Secretariat of Public Revenue showed on Wednesday. Budget revenue (pre-returns) totaled 5.6 billion euros in September, up from a provisional estimate of 5.512 billion. Budget revenue (pre-returns) for the January-September period surpassed budget targets by 4.03 percent, up from a provision estimate for an increase of 3.79 percent. Net revenue for the nine-month period surpassed targets by 4.34 percent, up from a 3.15 percent increase according to provisional figures.