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Travel & Tourism industry news by Greek Travel Pages (gtp)

Chinese, Turks Top Property Buyers through Greek Golden Visa Scheme

The Chinese and the Turks are among the property buyers that are mostly benefiting from Greece’s golden visa investment scheme.

Greek Gov’t Pondering Passport Option for Investors

The Greek government is considering granting full citizen rights to investors bringing more than 2 million euros into the country.

Golden Visa Reform in Greece Postponed Until After Elections

Ratification of a revised investor visa scheme in Greece has been pushed back due to snap elections in the country scheduled for July 7.

Greek Golden Visa Scheme to Offer New Investment Options

Aiming to bring in much-needed revenue, the Greek government is examining ways to expand the current golden visa scheme to include investments in shares and bonds.

EU States Support Deal for Visa Policy Update

European Union member states are backing a Commission proposal to modernize the union’s common visa policy in order to facilitate travel and ensure internal security.

Number of Greece Investor Visas Triples in 2018

Greece issued three times more investor visas in 2018 than a year earlier, according to data released by the migration policy ministry.

Commission to Tighten Golden Visa Rules, Monitor EU State Activity

The European Commission plans to develop a common set of security checks for investor-friendly golden visa schemes by the end of the year.

Greek Gov’t Revises Golden Visa Law to Tackle Shady Dealings

The government is revising the legal framework covering Greece’s golden visa scheme in efforts to ensure transparency after reports of illegal dealings.

‘Livin Urbban’ Aims to Grow Property Portfolio in Greece

Athens-based Livin Urbban, an innovative property management company, is aiming to expand its portfolio and manage more than 300 properties throughout Greece by the end of 2020.

Greek Ministry to Table Amendment for ‘Golden Visa’ Program

An amendment to the current law regarding the golden visa program in Greece is expected in the coming period.

Report: EU Golden Visa Schemes Facilitating Shady Practices

The so-called golden visas have been found to be paving the way for criminal activity, according to a report released by Transparency International and Global Witness.

EU Calls on Members to Limit Investor Visa Schemes

Citing security risks, the European Commission is urging member states to restrict issuing investor visas to non-nationals, with plans to publish new regulations in September.

Greek Golden Visa Scheme Winning Over More Investors

Greece has issued 2,300 golden visas (up to 5,700 if family members are included) between 2013 and 2017, according to Enterprise Greece data.

Greece’s ‘Golden Visa’ Program Deemed a Success

The Golden Visa program for real estate purchases in Greece has seen 1,725 issued visas to foreign investors in the period 2013 - June 2017.