Friends who have learned a little about European immigration information in recent years should be no stranger to Greek home buyers. After all, this is the lowest threshold in the EU, and it is possible to get a permanent green card in one step.
If you buy a house worth 250,000 euros, you can get a green card, and there is no immigration prison. So when this project first came out, it was quite popular.
It is also true that Chinese rushed to almost contract the applications of Greek home buyers.
According to data released by the Hellenic Migration Service, from the beginning of the Implementation of the Greek "Golden Visa" program to December 31, 2021, Greece has issued a total of 28,767 Golden Visas to 9,610 investor families.
Among them, 19,412 golden visas were issued to 6,405 Chinese investors, the largest number of visas issued among all the applicant countries, accounting for 67.5%.
The second highest number of applicants is Turkey and the third is Russia. However, the number of applicants from all countries is not as large as Chinese, after all, there are too many people in China who have money and like to immigrate.
Now, these Chinese who have spent 250,000 euros to buy a house should be thankful. Not only because they successfully immigrated and got their green cards, but also because they became the last batch of "250,000 euros" applicants.
The price of this immigration program is about to increase, or double to 500,000 euros.
On the afternoon of September 10, local time, Greek Prime Minister Mitsotakis announced an important policy change: the threshold for buying a Greek golden visa was raised from the original 250,000 euros to 500,000 euros.
Along with the announcement of price increases, Greek Prime Minister Mitsotakis announced a total of 21 "revenue-generating" measures. It is necessary to use these income-generating funds to develop the economy, promote employment, and improve the welfare of the people.
This includes: At the end of December, a monthly benefit of €250 will be paid to low pensioners, the elderly without social security, the disabled and the long-term unemployed.
The student housing allowance is increased from 1,000 euros to 1,500 euros from the date of the policy promulgation.
Increase heating subsidies for households, and the total amount is expected to reach 300 million.
Improve employment and stimulate businesses to create more jobs, and by the end of 2023, companies that convert part-time employees to long-term employees will be exempt from 40% of their employee premiums.
For start-ups and small businesses that plan to recruit new employees, if the annual average number of full-time employees increases, the start-up fee for the current year will be waived.
Fixed premiums will be reduced by 3% to increase employee income and reduce the burden on businesses; Special solidarity contributions will be permanently abolished by all sectors.
Adjust the salary system for doctors in public hospitals with a salary increase of about 10%.
The maternity leave system was adjusted and the maternity leave allowance in private enterprises was extended from 6 months to 9 months.
The VAT relief policy for transportation, coffee and non-alcoholic beverages has been extended until June 2023 and also applies to the culture and tourism, gym and dance school industries.
The 24% VAT on new construction will be suspended until the end of 2024.
From 1 May 2023, the Greek minimum wage will be adjusted for the third time.
You Greece really "remember to eat and don't remember to fight", wasn't the European debt crisis that year because of high welfare that dragged down the economy? High welfare to raise lazy people, people do not work with welfare, who will make money and pay taxes?
But there is no way, Greek politicians rely on high welfare to attract votes.
Obviously, raising the threshold for investment immigration is an important means to attract foreign investment, and Greece is using Chinese investors as a cash machine?
Isn't this "looting"?
Chinese money was blown by the wind?
Isn't that the "walking 500,000" euros?
I expressed my firm opposition to greece's "barbaric act" of saying that prices will rise, and I just told my friends that Greek immigrants only need 250,000 euros, and now I have to explain to you: now I have to buy a bigger house.
In recent years, I have really not done such things less.
In just a few months, several immigration programs have raised prices.
Turkey's home-buying immigrants, from $250,000 to $400,000, is also a non-negotiable increase.
The Singapore family office rose from S$5 million to S$10 million, or RMB47 million. It's all a doubling price increase.
Every time I go up, I have to explain it: the price used to be gone, and now it has to be doubled.
Advise everyone that immigrants should be early, not a joke.
Especially for investment immigration, many countries are tightening policies, either shutting down or raising prices, or attaching various conditions. Before, you did not need to explain the source of funds, but also you have to explain, before there was no need to evaluate and score, now you also need to evaluate.
It will become more and more difficult to use money to smash the immigration road.