Tag #Golden Visa

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dw.com

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Apr 13, 13:12

Greece: Balancing Security Concerns with Turkish Economic Influx

Despite viewing Turkey as a geopolitical threat and allocating over 3% of its GDP to defense, Greece experiences a surge in Turkish tourism and investment, particularly real estate, fueled by eased visa requirements and the Golden Visa program, creating economic benefits alongside security concerns.

Greece: Balancing Security Concerns with Turkish Economic Influx

Despite viewing Turkey as a geopolitical threat and allocating over 3% of its GDP to defense, Greece experiences a surge in Turkish tourism and investment, particularly real estate, fueled by eased visa requirements and the Golden Visa program, creating economic benefits alongside security concerns.

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What are the immediate economic and social impacts of the increased Turkish tourism and investment in Greece?

Greece's allocation of over 3% of its GDP to military spending reflects its perception of Turkey as an unpredictable and aggressive neighbor. However, a surge in Turkish tourism and investment, particularly on Aegean islands, presents a contrasting reality. In 2024, ferry passengers from Turkey to Greece reached 1.5 million, a significant increase from under 800,000 in 2023.

elmundo.es

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Apr 3, 22:15

Spain Ends Controversial 'Golden Visa' Program

Spain abolished its 'Golden Visa' program on Thursday, ending a system that granted residency permits to investors who spent large sums in the country; between 2013 and 2023, 14,576 visas were granted.

Spain Ends Controversial 'Golden Visa' Program

Spain abolished its 'Golden Visa' program on Thursday, ending a system that granted residency permits to investors who spent large sums in the country; between 2013 and 2023, 14,576 visas were granted.

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What is the immediate impact of Spain's termination of the 'Golden Visa' program?

Spain has ended its 'Golden Visa' program, which granted residency to investors making significant expenditures. The program, active since 2013, resulted in 14,576 visas issued between 2013 and 2023, with 780 issued in 2024 alone, averaging €657,204 per visa.

de.euronews.com

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Feb 26, 22:09

Trump Proposes \$5 Million "Golden Card" for US Citizenship

President Trump announced a new \$5 million "golden card" for US citizenship, replacing the EB-5 visa program, aiming to attract wealthy investors and generate revenue, potentially reaching 10 million cards, bypassing Congressional approval.

Trump Proposes \$5 Million "Golden Card" for US Citizenship

President Trump announced a new \$5 million "golden card" for US citizenship, replacing the EB-5 visa program, aiming to attract wealthy investors and generate revenue, potentially reaching 10 million cards, bypassing Congressional approval.

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What are the immediate economic implications of replacing the EB-5 visa program with the proposed \$5 million "golden card" for citizenship?

President Trump announced a "golden card" program, costing \$5 million for citizenship, targeting wealthy applicants. This new program, slated to replace the EB-5 visa program within two weeks according to Commerce Secretary Howard Lutnick, aims to attract high-net-worth individuals who will contribute significantly to the US economy.

forbes.com

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Feb 25, 22:12

Greece's Financial Incentives Attract Wealthy Expats

Greece is attracting wealthy expats with a flat tax of \$105,000 on global income (for those investing at least \$525,150 in Greek assets), a fast golden visa process, and a digital nomad visa; the country also boasts a lower cost of living than many Western European nations and a rising number of m...

Greece's Financial Incentives Attract Wealthy Expats

Greece is attracting wealthy expats with a flat tax of \$105,000 on global income (for those investing at least \$525,150 in Greek assets), a fast golden visa process, and a digital nomad visa; the country also boasts a lower cost of living than many Western European nations and a rising number of m...

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What financial incentives does Greece offer to attract high-net-worth individuals and how are these impacting the country?

Greece offers significant financial advantages for wealthy individuals, including a flat tax of \$105,000 annually on global income for those investing at least \$525,150 in Greek assets and a streamlined golden visa program attracting a rising number of American applicants. This, coupled with a lower cost of living than many Western European countries, makes luxury living more accessible.

kathimerini.gr

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Feb 12, 22:20

Greek Golden Visa Program's 10.77% Share in 2023-2024 Real Estate Transactions

Between 2023 and 2024, Greece's Golden Visa program accounted for 10.77% of real estate transactions, totaling €4.44 billion in minimum investments, driven by increased requirements causing a surge in applications (8,477 in 2023 and 9,289 in 2024), creating a backlog of 12,087 pending applications.

Greek Golden Visa Program's 10.77% Share in 2023-2024 Real Estate Transactions

Between 2023 and 2024, Greece's Golden Visa program accounted for 10.77% of real estate transactions, totaling €4.44 billion in minimum investments, driven by increased requirements causing a surge in applications (8,477 in 2023 and 9,289 in 2024), creating a backlog of 12,087 pending applications.

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What were the primary causes of the surge in Golden Visa applications in Greece during 2023-2024?

The significant increase in Golden Visa applications (8,477 in 2023 and 9,289 in 2024) reflects investor attempts to secure permits before increased minimum investment thresholds. This led to a 94.8% rise in applications from 2022 to 2023. The resulting 12,087 pending applications represent a backlog almost three times the annual approval rate, causing delays.

kathimerini.gr

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Jan 24, 16:10

Greek Golden Visa Program Sees Shift in Investment Patterns

Astons identifies three new investment trends in Greece's Golden Visa program: regional properties, repurposed buildings offering lower investment thresholds, and luxury properties in prime locations. Concerns exist regarding potential market distortions in regional areas, while a surge in applicati...

Greek Golden Visa Program Sees Shift in Investment Patterns

Astons identifies three new investment trends in Greece's Golden Visa program: regional properties, repurposed buildings offering lower investment thresholds, and luxury properties in prime locations. Concerns exist regarding potential market distortions in regional areas, while a surge in applicati...

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What are the key changes in investment patterns within Greece's Golden Visa program, and what are their immediate impacts on the real estate market?

The Greek Golden Visa program is witnessing a shift in investment patterns, with buyers increasingly exploring properties outside Athens and Thessaloniki due to lower costs and better opportunities. This trend is evident in increased transactions reported by notaries in regional areas, with properties valued at €400,000 becoming more common. However, concerns exist about potential market distortions due to inflated prices.

dw.com

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Apr 11, 22:09

Turkey's Growing Investment in Greece: Economic Boon or Security Risk?

Increased Turkish tourism and investment in Greece, particularly real estate purchases facilitated by a "golden visa" program, are boosting the Greek economy but also causing rising property prices and political anxieties regarding national security. The program, initially offering residency permits...

Turkey's Growing Investment in Greece: Economic Boon or Security Risk?

Increased Turkish tourism and investment in Greece, particularly real estate purchases facilitated by a "golden visa" program, are boosting the Greek economy but also causing rising property prices and political anxieties regarding national security. The program, initially offering residency permits...

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How does the Greek "golden visa" program impact the country's real estate market and social dynamics?

The increase in Turkish investment in Greece, particularly real estate, stems from a "golden visa" program offering residency permits. While this boosts the Greek economy, it has also caused a sharp rise in property prices, especially in Athens and Thessaloniki, impacting affordability for the Greek middle class. This mirrors similar situations in other European countries that have offered such programs.

theguardian.com

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Mar 19, 07:13

Australia's "Golden Visa" Program: Concerns Over Reinstatement

Australia's opposition party plans to reinstate a controversial "golden visa" program, allowing wealthy foreign investors permanent residency, despite concerns about money laundering and foreign interference raised by experts and government agencies; the program, abolished in early 2024, granted ove...

Australia's "Golden Visa" Program: Concerns Over Reinstatement

Australia's opposition party plans to reinstate a controversial "golden visa" program, allowing wealthy foreign investors permanent residency, despite concerns about money laundering and foreign interference raised by experts and government agencies; the program, abolished in early 2024, granted ove...

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What are the long-term implications for Australia's international reputation and security if the "golden visa" program is reinstated?

Reinstating the "golden visa" program would likely attract individuals seeking to launder money or gain illegitimate influence, potentially harming Australia's reputation and security. The economic benefits touted by proponents must be weighed against the significant risks of corruption and foreign interference, especially considering the Productivity Commission's estimate that replacing these investors with skilled migrants would boost the economy by $2.5bn to $3.4bn. This decision carries long-term implications for Australia's integrity and international standing.

aljazeera.com

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Feb 26, 13:09

Trump Announces $5 Million "Gold Card" Visa Program

President Trump announced a new $5 million "gold card" resident permit program replacing the EB-5 visa, offering a pathway to citizenship but raising concerns about potential fraud and lack of Congressional approval.

Trump Announces $5 Million "Gold Card" Visa Program

President Trump announced a new $5 million "gold card" resident permit program replacing the EB-5 visa, offering a pathway to citizenship but raising concerns about potential fraud and lack of Congressional approval.

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Why is the administration ending the EB-5 program, and what are the potential consequences of this decision for the US economy and immigration policy?

The EB-5 visa program, criticized for fraud and low pricing, is being replaced by a higher-cost "gold card" program. This shift reflects a move towards higher revenue generation from immigration and aligns with Trump's broader immigration policies. The new program may face controversy due to potential for abuse and lack of Congressional approval.

forbes.com

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Feb 17, 22:07

Spain Ends Golden Visa Program, Shifting Demand to Greece and Portugal

Spain's closure of its golden visa program by April 3, 2025, due to concerns over housing affordability and security, has shifted demand to Greece and Portugal, prompting Portugal to digitize its application process to reduce a backlog of 45,000–50,000 applications; this reflects a broader EU trend ...

Spain Ends Golden Visa Program, Shifting Demand to Greece and Portugal

Spain's closure of its golden visa program by April 3, 2025, due to concerns over housing affordability and security, has shifted demand to Greece and Portugal, prompting Portugal to digitize its application process to reduce a backlog of 45,000–50,000 applications; this reflects a broader EU trend ...

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What are the primary factors driving the European Union's increasing restrictions on golden visa schemes?

Spain's recent termination of its golden visa program, effective April 3, 2025, follows similar actions by the Netherlands and the UK, driven by concerns over housing affordability and security. This shift has redirected investor interest towards Greece and Portugal, with Portugal streamlining its application process for faster approvals.

forbes.com

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Jan 24, 16:10

UAE's Golden Visa Fuels Real Estate Boom, Attracting Foreign Investment

The UAE's Golden Visa program, launched in 2019, offers long-term residency (5-10 years) to investors (AED 2 million property purchase minimum) and skilled professionals, driving significant foreign investment and shaping the nation's economic growth, particularly in real estate, where prime propert...

UAE's Golden Visa Fuels Real Estate Boom, Attracting Foreign Investment

The UAE's Golden Visa program, launched in 2019, offers long-term residency (5-10 years) to investors (AED 2 million property purchase minimum) and skilled professionals, driving significant foreign investment and shaping the nation's economic growth, particularly in real estate, where prime propert...

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Decent Work and Economic Growth

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What is the primary impact of the UAE's Golden Visa program on foreign investment and economic growth?

The UAE's Golden Visa program, launched in 2019, offers long-term residency to qualified individuals, boosting foreign investment and driving economic growth. Since its inception, it has attracted significant high-net-worth individuals (HNWIs), with 64% expressing interest in UAE property investment, and is projected to attract 6,700 new millionaires in 2024 alone.

kathimerini.gr

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Dec 17, 22:11

Greek Housing Market Sees Sharp Price Increase, Growth Slowing

From 2017 to Q3 2024, Attica's housing sale prices increased by 90%, exceeding 2008 levels by 5.2%, while nationwide prices rose 71.6%, driven by foreign investment and reduced reliance on bank loans, although growth is slowing.

Greek Housing Market Sees Sharp Price Increase, Growth Slowing

From 2017 to Q3 2024, Attica's housing sale prices increased by 90%, exceeding 2008 levels by 5.2%, while nationwide prices rose 71.6%, driven by foreign investment and reduced reliance on bank loans, although growth is slowing.

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How does the current housing market boom differ from the one experienced in the 2000s, and what are the underlying causes of these differences?

This surge is fueled by both domestic and foreign demand, particularly since 2019, driven by the Golden Visa program and short-term rentals. Unlike the 2000s boom reliant on bank loans (over 80% of transactions), today's market sees 80% of transactions funded without bank loans, reflecting a shift in purchasing power.

Showing 13 to 24 of 27 results