Greek Minister invites immigrants to invest in Greece and get residence permit

Deputy Foreign Minister Dimitris Mardas revealed a plan Greek government has under consideration to offer refugees and migrants “residence permission if they invest 250,000 euro in Greece.”

“If there are some of them who are able to invest 250,000 euros in the country, they will be treated more favorably as far as obtaining a residence permit is concerned”, he said

Mr. Mardas expressed the difficulty of guarding Greece’s sea borders on Sunday morning speaking to SKAI TV channel.

He was asked to comment on the implementation of EU-Turkey agreement on refugee and the phone call between Greek Prime Minister Alexis Tsipras and Secretary General NATO Jens Stoltenberg, where Mr. Tsipras expressed Greece’s dissatisfaction on the fact that Turkey does not actively contributes to the reduction of refugee flow to Greece.

NATO came to Aegean Sea and realized how difficult it is to manage the issue,” the minister said, while stating that those who talk about Greece’s exit from Schengen area are getting now the answer they deserve.

Resident permissions

Through political dialogue we will provide solutions, we are not alone as other states are,” Mr. Mardas continued adding that the government will proceed to financial registration of immigrants. He also stressed that “if there are some of them who are able to invest 250,000 euros in the country, they will be treated more favorably as far as obtaining a residence permit is concerned”.

According to the Greek Law of Migration and Social Integration of 2014, investors and their families from third countries receive resident permissions when they buy real estate worth at least 250,000 euro in Greece. The bill “trade real estate for residence permit” for non -EU citizens was prepared by New Democracy/PASOK/DHMAR coalition government in November 2012,  pushed through the parliament in February 2013 and was integrated in Migration Code in 2014.

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