The upload of forest maps is starting today for areas of Kavala, Pieria, Drama, Arkadia, Kastoria, Lefkada, Kefallonia and Zakynthos. The initiation of the upload is consequent to the voting of environmental law 46585/2020 and the constant co-operation between Ministry of Environment and Energy with Coordinates of Decentralized Administrations, executives of forest services, “Hellenic Cadaster”,…

Greece is on its first attempt to offer tax motives in order to attract foreign direct investments. More specifically, the first provision in force is included in article 5a L.4172/2013, as implicated and analyzed in circular decision A.1036/2020. According to the above legislation, the investor who invests on his own or through a relative an…

In the context of reshaping the tax legislation in Greece towards the attraction of foreign capitals, a new tax provision regarding foreign pensioners has been introduced for individuals who wish to decrease their taxation. More specifically, Greece is asking for interested individuals to deposit a yearly tax up to 7% to our country, for incomes…

A two-year extension for construction in properties which are located outside of city plan and have a surface of below two acres was granted by the new polynomial plan which was submitted by the Ministry of Environment and more specifically it regards fields: Of 750 sq.m., with minimum “façade” of 10m. and minimum depth of…

The popular company Destiny Investment is scheduling an investment plan of 25 million euro. The said company became known a few years ago due to property purchase and sale contracts towards Chinese citizens via POS devices, a case which was filed. Destiny Investment, having completed numerous projects and maintaining a real estate portfolio of approximately…

During the 21st web conference of Prodexpo, the CEOs of management companies of “Red loans” (Intrum Hellas, Cepal Hellas, doValue Greece) officially announced their introduction to property management through the establishment of subsidiary property management companies. Intrum Real Estate, doValue Greece Real Estate Services and Qualco Real Estate services will be the important key “players” who will shape the real estate market in Greece. Regarding the property potentials, Mr. Georgakopoulos (CEO of…

Government estimates that the interest from banks who wish to open offices with Acropolis view instead of Thames view, will be followed by other businesses, always in the context of Brexit. The same motives will apply to them. Athens may not have appeared amongst the candidates for London City successor after Brexit, but the latest…

While approvals for Portugal’s golden visa are already back on track for a statistically normal year, those of Greece have halted. Once more, the statistics coming this month from the Ministry of Migration Policy via Enterprise Greece appear retroactively adjusted; the number of main applicants approved in 2019 was reported two months ago as 3,339…

Since last week Cyprus, a small Mediterranean island which has succeeded to raise over 6 billion Euros since 2008 when launching the granting of EU passports has decided to end the specific program. Of course this decision came as a result to a corruption scandal which involved highly ranked political people and it is still…

Following the No. 2963/06.10.20 decision by the Administrative District, a non-reimbursable governmental enforcement is granted under specific conditions towards businesses within the Prefecture of Attica, which were affected by the pandemic and suffered decrease of profits. The amount of the grant fluctuates between 5.000 and 50.000 euro and this action includes businesses which function in…

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