The continuous commitment for the support of tourism in Greece translates also into the country’s airport network development and the incentives for new air routes. An example is the promotion of the winter season flights, making even more convenient reaching many Greek destinations.
More and more foreign investors are attracted by the Greek real estate market, and the trend is constantly growing. In 2017, Chinese buyers were the first in terms of inquiries and transactions, with 258 million € properties purchased. A lot of these buyers also applied for a golden visa (permanent residence permit), with an increase on demand that regards all no-EU foreigners.
A stable legal environment, a competitive legislative and regulatory regime and the world’s best practices and financial tools: Cyprus is quickly becoming a prominent player in Europe, attracting investment funds and companies thanks to its very business-friendly jurisdiction.
A plan draft to expand the possibility to obtain a Greek golden visa has been recently presented by Greece’s Minister of the Economy, Stergios Pitsiorlas. New options would include a 400000 EUR investment in debt or equity with real estate investment companies, or alternatively a 400000 EUR term deposit in a Greek bank;