GOLDEN VISA PROGRAM: UPDATES
author: dtcase | 29th July 2021 | No category | 0 comments

Greek government introduced a possibility to apply for the Golden Visa without entering Greece, through a Power of Attorney.

– The payment of the purchase price of the property may be effected also by the spouse and/ or relatives up to the second degree of the purchaser (e.g. the parents may pay the purchase price for the property). The payment may also be effected by using a credit or debit card

The Greek Golden Visa Program is available to the following investors:

•    Owners of real estate property in Greece

•    Investors in securities or bank deposit in Greece

•    Persons having entered into a timeshare agreement or a lease for hotel accommodations or furnished touristic residences in a combined tourist facility in Greece

Benefits provided by the Greek Golden visa prοgram:

√  Greek residence permit valid for 5 years and is renewable for as long as you maintain the property.

√  No residency requirements, i.e. the applicant and family members are not required to stay in Greece for any minimum amount of time.

√  Residence permit is also issued for family members, including children up to 21 years old and parents of the applicant and his/ her spouse.  Visa- free travel to all Schengen member states, for durations up to 90 days per 6-month periods.

√  Real estate purchased for the purposes of golden visa may be leased and provide rental income or in summer residence or tourist facility.

√  The minimum investment in real estate is only 250 000 euros, which is one of the lowest in Europe.

√  Possibility to reside in Greece permanently for the duration of the residence permit, which may be renewed for as long as the criteria are fulfilled, and to have access to public health and education, in the same terms and conditions as Greek citizens.

√ Under certain conditions Golden visa my lead to a citizenship obtaining

For further details please dont hesitate to contact us.

GREEK CADASTRE UPDATE
author: dtcase | 29th July 2021 | No category | 0 comments

Currently, Greece has begun and is carrying out activities to systematize and fully record in the national cadastre of real estate located in Greece (and other registered rights), which will ultimately lead to the replacement of the old system of land registration and mortgage registries.

These procedures are carried out in stages by region. In some regions of Greece, registration of rights in the National Cadastre has already been carried out, while in others this work is only being planned.

For example, the following registration deadlines are established by law:

– until October 5, 2021 for residents of Greece and until January 5, 2022 for residents of foreign countries to declare property in the Cyclades.

– until September 30, 2021 for residents of Greece and until December 30, 2021 for foreign residents to declare property in Rethymno (Crete).

If you own any real estate in Greece or any registered rights to such property, it is imperative to proceed with the registration of that property or other existing rights without delay, as otherwise your property may be classified as belonging to an “unknown owner”. even if your right was registered in the old land / mortgage registration system.

Currently, this applies to properties located in the Greek islands of the Cyclades, as well as in the following municipalities / islands: Andros, Anafi, Amorgos, Ios, Naxos and the Lesser Cyclades (Santorini), Kythnos, Kea, Milos, Mykonos, Paros and Antiparos, Serifos, Sikinos, Tinos, Folegandros, Fira (Santorini), in Crete in the Rethymno region, in the municipalities: Agios Vasilios, Amari, Anogeia, Mylopotamos, Rethymno.

We can check if your property is registered, check that the registration meets these requirements, and also assist in its registration (if such registration is possible).