GREECE POSTPONES NEW RULES FOR ITS RESIDENCY BY INVESTMENT PROGRAM
Imagine being a resident of Greece – a European Union country, close to North Africa and the Middle East, known for its mild Mediterranean climate, natural beauty, and healthy diet, and considered by many as the birthplace of western civilization. In March, Greece proposed new rules that would expand the options for a person…
Despite seeing growth in Chinese applications for the Golden Visa in Greece, the overall approval figures in Greece have dropped significantly in the first quarter of 2019. In the first three months, there were 262 primary applicants and 559 dependents. Compared to last year, this is a 26% drop in approvals.
However, experts attribute some of the reduction to seasonal variations in application …
Will the Greek Golden Visa Program Witness Changes?
Greece’s Migration Policy Ministry has declared its intention to expand the golden visa program following a trend similar to that of many countries looking to attract foreign investment. Since its inception in 2013, the golden visa program has raised more than 1.5 billion Euros in foreign investment leading to the issuance of 5,000 visas to …
Various nations around the world confer legal status to foreign nationals through residency, permanent residency, and citizenship by investment programs (also known as CBI).
Although residency and citizenship may seem similar, they have many differences and it is crucial to fully understand how these differences can affect you. Clarifying the definition and implications of these terms as well …
Citizenship in Any of the EU Member States Opens Up Many Invaluable Windows of OpportunityMany European countries specifically member states of the European Union (EU) have been Many European countries, specifically member states of the European Union (EU), have been final destinations for those interested in obtaining a second citizenship. Germany, for instance, counts as the second most sought-a…
Five Factors To Consider Before Applying For Second CitizenshipMost wealthy individuals from developing countries longing for freedom and respect for their basic rights dream of acquiring second citizenship. Annually, tens of thousands of affluent people residing in countries such as China, India, Pakistan, Iran, Iraq, Afghanistan, Nigeria and Somalia enter into government sponsored official progr…
Benefits of Having a Second Passport and a Second CitizenshipThe popularity of acquiring a second (dual) citizenship has grown significantly in recent years and people are keen to avail themselves to better opportunities which may be absent in their home country. The rising popularity of dual citizenship comes as no surprise considering the multiple benefits and advantages offered by a second citi…
