The expansion of the “golden visa” foreign investors incentive program and the privatizations of shipyards are among the priorities of the Economy and Development Ministry, Alternate Ministry for Industry Stergios Pitsiorlas said on Wednesday, according to ANA.
A new bill being drafted will expand the golden visa program of residence permits granted to property purchases in Greece. It will be offered to investors spending 400,000 euros in the bonds or shares of real estate investment firms, or in deposits at the country’s banks. The visa will also be offered to foreign investors placing 800,000 euros in Greek government bonds.
The privatizations process of the Eleusis and Skaramangas Shipyards will start with negotiations with interested investors in October and November, respectively, Pitsiorlas said. Three consortia have expressing their interest for Eleusis in writing, while the process to return Eleusis Shipyards to fiscal health under a preferred investor will begin shortly.
In medical cannabis, the government is reviewing seven investment proposals, with the first permits expected to be granted shortly.
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