Naturalization to save Greek real estate market

Naturalization to save Greek real estate market

The Greek government has prepared a bill simplifying naturalization for large investors in the real estate market. Spain, Malta and Portugal have already done so, Rossiyskaya Gazeta reports.


According to the bill, an individual who invests 250,000 euros or more in the economy will be naturalized for 7 years and get documents to file a request for a residency permit. The current law allows naturalization for 5 years.


Greece hopes to boost investments from Russia and China.

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