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

Greece Re-examines Golden Visa Scheme to Boost Investments

Greece is moving ahead with changes in its investor visa scheme that may include a fluctuating minimum investment requirement.

Greece Revises Rules to Offer Strategic Investment ‘Flexibility’

Τhe Greek government has announced plans to make investment procedures simpler and more flexible in order to attract foreign direct investment.

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.

Greece Examines Higher Royalties with Investor Eldorado Gold

The Greek government is in talks with Canadian mining company Eldorado Gold to secure higher royalties in a delayed mining project in northern Greece.

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.

Million-euro Tourism Investment Projects in Greece Get Green Light

An inter-ministerial committee for strategic investments has approved three tourism projects and a shopping/recreation center in Greece, budgeted at €333.8 million.

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.

Draft Law on Incentives for Strategic Investments Open for Debate

A bill that foresees a series of incentives aimed at stimulating strategic investment activity in Greece, has been opened to public consultation until December 17.

Real Estate in Greece: Four Reasons Why to Buy

With Greece’s exit from its bailout predicament, the country’s property market has begun to attract interest from foreign buyers, according to a report by property brokers Tranio.

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.

Greek Assets Body Set to Run New Round of Privatization Tenders 

Greek assets body TAIPED is set to launch a new round of privatization tenders for thermal springs, regional ports and marinas across Greece.

Greece’s Golden Visa Enticing Chinese Investors by the Dozens

Greece’s golden visa scheme has become a key attraction for Chinese investors, who are flocking to Athens to purchase property.

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.

Greece Top Choice for Luxury Holiday Home Rental in the Med

Interest for high-end properties on the Greek islands of Mykonos, Santorini, and Paros is peaking this summer, according to an annual report released by Algean Property.

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.
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