According to Greek Daily, the Greek Ministry of Finance will extend the suspension of the 24% VAT transfer of real estate by the end of 2024. On the one hand, this measure is to support the development of the real estate industry, and on the other hand, it is to prevent further increase in real estate prices. At the same time, the Greek Ministry of Finance will also suspend the capital gains tax of 15% on real estate until December 31, 2022. This also means that Greek owners who sell real estate in the next 1-2 years will not have to pay a 15% profit tax on the spread of their selling properties.
Since the Greek home purchase immigration policy was launched, it has been favored by overseas investors. The loose immigration policies and generous immigration benefits have really attracted a large number of investors and immigrants. When overseas people apply for this visa, they can not only obtain their own identity, but also bring your spouse, children who meet the requirements and parents of both spouses to settle in Greece.
Greece's conditions for immigration to house purchase are also very simple:
1. The main applicant must be at least 18 years old;
2. Purchase a property of 250,000 euros or more in Greece;
3. No criminal record.
Greece's simple immigration conditions are related to the fact that this project itself is an investment immigration, but it cannot be taken lightly behind the seemingly simple ones. Some precautions must be paid attention to when applying to avoid some regrettable things.
1. Cannot work
According to the bill, applicants cannot be employed in Greece, so it is impossible to work in Greece, but they can start their own business or do business together, so it is okay to open a store or a company in Greece.
2. Precautions for buying a house
① You must be legal and compliant when purchasing a property in Greece. This requires a professional home purchase lawyer to help you find out the legality of the property you purchased and ensure the safety and legality of the transaction.
② If you decide to buy a house, the customer needs to sign a house purchase POA with the lawyer. Signing this document means that the investor agrees to authorize a lawyer to help him deal with matters related to Greek property transfer, taxes, notarization, etc.
③ Immigration in Greece must pay attorney fees, which is a formal operation for buying a house in Greece.
3. About naturalization
① Residence legally in Greece for seven years, living in Greece for half a year, leaving the country for no more than half a year, and passing the language test.
② If the accompanying children complete the 6-year course in Greece in middle school (junior high school and high school), they can apply for naturalization separately!
③ After naturalization in Greece, you can obtain the eighth-ranked Greek passport in the world. You can have visa-free/on-arrival visas in 184 countries and regions around the world. At the same time, you can live, work, study and enjoy the same local social welfare in any EU country!
4. Regarding the threshold for housing purchases, the price will increase in one month after immigration to Greece, doubled and turned into 500,000 euros!
Greek house purchase immigration seems to be simple, so you still need to understand the above issues in advance, especially when applying for immigration, you must find a reliable institution to handle it. If you have any questions about immigration, you can discuss it with Sanxiang Immigration.
