Greece's Attraction to Rich Foreigners Through Golden Visas and Tax Schemes

SOURCE www.thenationalherald.com
Greece is attracting rich foreigners through programs like Golden Visas and non-dom tax schemes, with American millionaires relocating due to Trump's presidency. UK citizens are also finding Greece attractive for its incentives and lifestyle.

Key Points

  • Greece's programs like Golden Visas and non-dom tax scheme are luring rich foreigners
  • American millionaires are relocating to Europe due to Trump's presidency
  • UK citizens are finding Greece attractive for its incentives and lifestyle

Pros

  • Attracting wealthy individuals through Golden Visas and tax schemes
  • Boosting real estate market and economy
  • Offering residency permits and valuable passports

Cons

  • Potential impact on local housing market and affordability for Greeks
  • Unequal tax treatment between locals and foreign investors