Investment Archives - Palaiologos Law Office

Unleashing Potential: Key Learnings from the Real Estate Transactions Conference

On the 10th of August, 2023, the Akti Imperial Hotel & Convention Center Dolce by Wyndham in Rhodes, Greece hosted a significant gathering of experts in the arena of real estate and legal consultancy. The noteworthy event, known as the “Real Estate Transactions Conference: Golden Visas for Israelis Investing in Greece,” was a platform where Greek and Israeli investment capabilities and lawful acumen converged. This article narrates the highlights and key takeaways from the conference and sheds light on the promising investment prospects in Greece. The conference was a testament to the growing interest in the Greek Golden Visa 2023 and the lucrative opportunities it presents for investors looking to explore the Greece investment landscape. The event brought together professionals well-versed in Greece citizenship by investment and greece golden visa program, offering valuable insights for potential investors.

Opening the Door to Greek Investments: Real Estate and the Golden Visa

The focal point of the conference was the exploration of the intricacies and opportunities embedded within Greek real estate transactions. Special emphasis was placed on the Greek Golden Visa programme, a scheme of paramount importance for Israeli investors. The scheme was presented not merely as a route to residency but also as an access point to a broad array of investment possibilities in Greece. The greece golden visa program, with its attractive benefits, was thoroughly dissected, providing attendees with a comprehensive understanding of its advantages. The discussions delved into the greece investment visa and its role in facilitating seamless investment ventures in the country.

As Michael Palaiologos, the Managing Partner of Palaiologos & Associates Law Office, who was invited as a keynote speaker, puts it:

“The Greek Golden Visa programme is not just about residency. It’s a gateway to a world of investment opportunities in the Greek economy.” The greek golden visa program, as highlighted by Michael Palaiologos, serves as a catalyst for diverse investment avenues, fostering economic growth and prosperity in Greece.

Greek Golden Visa program at Real Estate Transactions Conference in Rhodes, Greece, highlighting investment opportunities and legal aspects for Israeli investors

An Alliance of Expertise for Informed Investment Decisions

The conference saw the amalgamation of expertise with the participation of Nimrod Yaron & Co, a firm specializing in Israeli and international taxation. Their contribution added depth to the deliberations on investment tactics and lawful considerations in real estate endeavors. The collaboration between experts from Greece and Israel further enriched the discourse on Greece residency by investment, offering a holistic view of the legal and financial aspects.

Understanding the Legal Terrain: Key Insights

1. Comprehending the Legal Framework

Gaining an understanding of Greece’s legal framework is crucial for a successful investment. Palaiologos & Associates Law Office excels in this arena, aiding clients with Greek corporate, property, family, taxation, and immigration law. A proficient greek lawyer can guide investors through the intricacies of greece residency investment, ensuring a smooth and compliant process.

2. Recognising Investment Potential

The Greek real estate market, with its varied investment options, was spotlighted as a sector with considerable potential. Investors seeking European citizenship through Greece real estate investments found valuable information on the diverse opportunities available within the market, further enhancing their prospects.

3. Taxation and Compliance

The conference highlighted the importance of compliance and strategic planning in taxation matters related to real estate investments. Insights from international taxation experts added value to these discussions. The emphasis on compliance and strategic planning resonated with attendees, underscoring the significance of meticulous planning in navigating greece residency permit and investment ventures.

4. The Advantage of the Golden Visa

The Greek Golden Visa program was discussed as an attractive option for non-EU investors, offering residency and access to the EU market. The greece golden visa application process and its benefits were elucidated, shedding light on the pathway to securing residency and european citizenship through investment in Greece.

Commitment to Excellence: More than Just Legal Advice

The commitment of Palaiologos & Associates Law Office extends beyond the provision of legal advice. The firm believes in partnering with clients on their investment journey, ensuring informed, compliant, and goal-oriented decisions. With a focus on greek permanent residency and citizenship by investment, the firm is dedicated to guiding clients towards sustainable and rewarding investment choices.

Looking Ahead

The success of the conference is considered a cornerstone for future collaborative initiatives. The law firm is eager to continue its assistance for international clients to maximize their investments in Greece. With the promising potential for investment and growth in Greece, the Greek golden visa program 2023 is an attractive opportunity for individuals seeking Greece residency by investment. By leveraging the greece golden visa program, investors can secure Greek residency by investment and explore the greece real estate market for lucrative opportunities.

For more insights and legal support, Palaiologos & Associates Law Office encourages interested parties to get in touch. The potential for investment and growth in Greece is extensive and encouraging. With the Greek Golden Visa programme, individuals have the opportunity to obtain Greek residency by investment, allowing them to benefit from the greece golden visa 2022. The Greece investment visa offers a pathway to Greek citizenship by investment, providing access to european citizenship and a Greek residence permit.

On the 21st March 2021, the bill on Medicinal Cannabis was passed by the Greek Parliament.

‘Production, export and disposal of final medicinal cannabis products of the species Cannabis Sativa L with a tetrahydrocannabinol (THC) content of more than 0,2%’.

The new legislation creates investment opportunities for foreign investors. The legislation was enacted to “increase investment interest and bring benefits to the Greek economy, by increasing employment and prosperity in general, since the revenues that exports generate automatically strengthen the national economy” as noted and added that the proposed arrangements concern investors, who intend to invest in the pharmaceutical cannabis sector, while benefiting patients who have multiple sclerosis, epilepsy and those suffering from neuropathic to cancer pain.

The new law introduces provisions for the export, disposal and distribution of final medicinal cannabis products of the species Cannabis Sativa L with a tetrahydrocannabinol (THC) content of more than 0.2%, with the main aim of facilitating their export, removing unnecessary barriers and ensuring the smooth and safe supply of the Greek market with final medicinal cannabis products under conditions of the utmost safety and the control of the EOF (Greek Food and Drug Administration).

Under the new legislative provisions, the burden of regulation is shifted to the destination country of export. In particular, the new proposed export procedure, permits medicinal cannabis products to be exported from Greece to other countries and the decision of whether this product is legal and its import and distribution allowed lies on the importing and upon the decision of the foreign competent authority,

The regulations also ensure the safe and unhindered distribution of final medicinal cannabis products under the control of EOF (Greek Food and Drug Administration) to meet prescription patient needs.

It is noted that according to the latest available data of the General Secretariat for Industry, 94 plant installation licenses have been granted so far, but in reality, only one has been built and is ready to be operational in the near future. This is the Tikun Europe plant in Hexamilia Corinthia.

The licenses granted per regional unit are as follows: Central Greece 24 and 15 of them are in the prefecture of Viotia, Central Macedonia 20 and 12 of them in the prefecture of Kilkis, Thessaly 17, Western Greece 10, Peloponnese 10, Crete 4, from 2 in the Regions of Attica, Epirus, Western Macedonia, Eastern Macedonia-Thrace and 1 in the Region of South Aegean and in particular the island of Paros.

Any information or material found in this website is intended for general guidance purposes only and no actions should be taken based on information found on this website without seeking independent specific legal advice.

If you wish to seek legal guidance regarding the production of Medicinal Cannabis in Greece, please do not hesitate to contact us.

After the success of Golden Visa program that gives residency permits and European Union passports to wealthy foreigners who invest 250.000 Euros in Greece, a new initiative is taken by the Greek government called the Non Dom Scheme. Greece now offers tax incentives to lure wealthy individuals to move their tax residence to the country.

The so-called “Non-dom” program is aimed at shipowners, successful entrepreneurs and the retired, said The Financial Times in a feature, setting the flat tax for 15 years for those who qualify.

Non-Dom tax regime provides the exhaustion of tax liability for any foreign-sourced income by paying an annual flat tax of €100.000, regardless of the amount of income earned abroad and with no obligation to declare any foreign income in Greece. The special regime provides also for an exemption from any inheritance or donation tax, as regards any property abroad. The taxes, that may have been already paid abroad, do not decrease tax liability arising in Greece under the special Non-Dom regime. The special scheme may be also extended to family members of the individual by contributing for each member annually an additional flat tax of €20.000.

On the flip side, the European Union Tax Observatory has recently regarded Greece’s non-domicile scheme as a particularly harmful form of tax competition, in a report that has provoked a reaction from the Greek Finance Ministry.


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