The Greek government is planning changes in the “Golden Visa” scheme that grants non-EU third country nationals long-term residency permits in the country for property purchases exceeding 250,000 euros, with a coming draft law expanding the forms of investments required for eligibility.
In confirming a recent “Naftemporiki” report, the finance ministry draft bill will allow the purchase of shares or bonds, via participation in a share capital increase or bond issue loan, to count towards the visa requirement. The provision mandates an investment in companies based in Greece and listed on the Athens Stock Exchange.
A further expansion of the regime will allow the investment of capital in a real estate holdings company exclusively active in Greece. Finally, would-be visa holders will also become eligible through the purchase of shares or stakes in Greece-based investment funds.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
