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investing in greece


Put €400,000 into a real estate investment company that buys exclusively Greek properties (or buy its shares through a share-capital scheme), 2. You won’t be asked to simply donate money to a cash-strapped government. With European residency programs (like Greece, Ireland, and Latvia) you will be allowed to live, work, study, and so on only in the country that’s issued you the residence permit. From its calm, secluded beaches and villages, where one can retire and relax, to its buzzing modern cities, Greece is the place for you.

The country actually raised property taxes by some 700% during the economic crisis, and no one can be sure it won’t do it again. Luckily, there has been a. implemented in Greece for high-net-worth individuals. Even though Greece is known for its incredibly complex bureaucratic apparatus and relative inefficiency, getting a residence permit will take three months of your time – max. There are numerous pros of becoming a Greek resident. Here are the seven new ways you can invest in Greece to get its residence: 1. Greece, the cradle of democracy and the origin of western civilization, truly has an illustrious past. While the cities are modern, one can also visit traditional villages with stone houses in mainland Greece and beautiful white-blue houses in the islands.

margin: 10px; You can be a resident of Greece and not pay its tax if you don’t physically live there for at least 183 days a year. Even though it’s a developed country that offers a high standard of living, not all is a bed of roses when it comes to the economy of Greece. It’s about the investment side of things too.

You should also open a bank account and get a tax identification number issued. OTE’s decision to safeguard Greece’s privacy and national security by working exclusively with trusted vendor Ericsson is a model for telecoms worldwide, one that the United States will continue to support. An investment in Greece’s high-tech future COMMENT 21.09.2020 : 21:05 US Secretary of Commerce Wilbur Ross speaks at the opening of the US pavilion at the Thessaloniki International Fair in September 2018, when it was the honored country at the annual trade expo in the northern Greek port city. Unless you want to be chained to a desk and fill out paperwork, that is. Every non-EU national is able to apply under the same terms. This will bring the added benefits of being able to not just travel to but also live and work anywhere in the European Union. Yes, your spouse, parents (and parents-in-law), and children up to the age of 18 (21 if they’re studying) can all be added to the residence application under the same investment.

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