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Category Archives: Europe

Ajmera Law   →  Europe
February 17, 2025
February 17, 2025

Why Greece is the Perfect Destination for Indian Investors Seeking a European Lifestyle

Author By Prashant Ajmera Categories Europe, Europe Golden Visa, Greece Golden Visa, Greece Real Estate

Why Greece is the Perfect Destination for Indian Investors Seeking a European Lifestyle

For Indian investors looking to expand their horizons and secure a foothold in Europe, Greece has emerged as a top destination. Its Golden Visa program, coupled with a thriving real estate market, offers unparalleled opportunities to combine financial growth with a luxurious European lifestyle. Here’s why Greece should be at the top of your list:

1. Seamless Residency Path Through the Greece Golden Visa

The Greece Golden Visa program allows investors to gain European residency by purchasing real estate worth at least €250,000 (approximately INR 2.2 crores). This is one of the lowest investment thresholds among European residency-by-investment programs, making it an attractive option for Indian investors.

With the Golden Visa, you and your family can enjoy:

  • Residency in Greece without the requirement to stay in the country.
  • Visa-free travel across the Schengen Zone, including countries like France, Germany, and Italy.
  • Access to world-class healthcare and education facilities in Europe.

2. Strategic Location and Easy Connectivity

Greece’s location serves as a gateway between Europe, Asia, and Africa, offering immense travel and business opportunities. Direct flights from India to Athens and other European hubs make it a convenient choice for Indian investors seeking accessibility.

3. Affordable Real Estate Market with High ROI

The Greek real estate market is not only affordable but also highly lucrative. Key locations like Athens, Thessaloniki, and Crete offer stunning properties at competitive prices, ranging from luxurious villas to chic city apartments. Investors can expect:

  • Rental yields ranging from 4% to 7% in popular tourist and urban areas.
  • Strong capital appreciation as Greece’s economy continues to recover and grow.

4. A Rich Cultural and Historical Heritage

Greece is a land of ancient history, vibrant culture, and breathtaking landscapes. From the iconic Acropolis in Athens to the serene beaches of Santorini and Mykonos, the country offers an unparalleled lifestyle. Indian investors often find the blend of tradition and modernity in Greece very appealing.

5. Favorable Tax Benefits

Greece provides attractive tax incentives for property owners, making it an investor-friendly destination. Additionally, there are no inheritance taxes on property for direct heirs, ensuring a legacy for your family.

6. Family-Friendly Benefits

The Greece Golden Visa extends to your immediate family, including your spouse and children under 21. This allows your family to enjoy the benefits of European residency, including high-quality education and healthcare.

7. Stability and Safety

Greece offers a safe and stable environment for families and businesses. Its membership in the European Union and Schengen Zone ensures strong governance and economic resilience.

8. Opportunities for Permanent Residency and Citizenship

While the Golden Visa initially grants a five-year renewable residency, it opens pathways for permanent residency and even citizenship after a few years, provided certain conditions are met.

Final Thoughts

For Indian investors, Greece represents an ideal mix of opportunity and lifestyle. Whether you are looking to diversify your portfolio, secure a better future for your family, or enjoy the European lifestyle, the Greece Golden Visa program provides the perfect gateway.

With a minimal investment, high returns, and access to the best of Europe, the time to invest in Greece is now. Explore the possibilities and take the first step toward your European dream today.

The author of this article is Mr. Prashant Ajmera, an Indian immigration lawyer and Canadian citizen. He is the founder of Ajmera Law Group and the author of two books, “Millionaires On The Book” and “How to Plan for Your Child’s Foreign Education.” Over the past 30 years, he has assisted and advised over 30,000 students and families on planning their foreign education and settlement. He regularly speaks at various forums on this subject.

Ajmera Law Group: Mo: +91 9974253030 | info@ajmeralaw.com | www.ajmeralaw.com

ALG News & Updates
July 15, 2022
July 15, 2022

July 2022 updates from Ajmera Law Group

Author By ajmeralawim Categories ALG News and Updates, Dubai Golden Visa, EB-5 US Investor Visa, Europe
  1. The USA Green Card – EB-5 visa program’s new compliance requirements – https://ajmeralaw.com/demo/country/usa-eb-5-investor-program/

 

  1. Four types of USA business visas. Comparison between – EB-5 | L1 A & B | E2 | EB1C – https://ajmeralaw.com/demo/wp-content/uploads/2022/06/USA-Business-Visa-comparison-min.pdf

 

  1. Ajmera Law Group is pleased to add three more countries to its portfolio for Residency and Citizenship by Investment.

 

 

 

 

  1. Portugal Golden Visa – With an investment of only Euro 280,000 in a hotel and very attractive terms and conditions – https://ajmeralaw.com/demo/country/portugal-citizenship-by-investment/

 

  1. Launch of our new website with AI based chat bot – https://ajmeralaw.com/demo

 

  1. No need to go to the UAE or contact an agent or law firm in UAE. Now register your company and move your business to UAE from India itself. ALG is now the authorized law firm of a UAE Free Trade Zone. You can contact us to register your company and complete all formalities without leaving India – https://ajmeralaw.com/demo/country/uae-citizenship-by-investment/

 

Please contact us for additional information regarding any of the above services offered by our law firm.

 

 

Team Ajmera Law Group

July 28, 2018
July 28, 2018

Real Estate Market Overview of Cyprus, Europe.

Author By ajmeralawim Categories Cyprus Residency Visa, Europe, Investor Visa, Residency & Citizenship by Investment

Cyprus real estate market is ready for Indian investors and developers alike.

Cyprus is small island country in the Mediterranean region south of Turkey.  The island’s natural beauty and its dynamic real estate market has attracted the attention and investment of HNIs and businessmen all over the world. The most attractive facet of investing in Cypriot real estate is that it can get you and your family residency or citizenship of this country. Hence you can become a resident of the EU by purchasing real estate in Cyprus thus gaining automatic access to the huge European market.

It is true that the Cypriot economy was heavily affected during the economic crisis of 2013 that brought many European economies to the brink of collapse. But interestingly, Cyprus was one of the few countries that was able to turn the tide around rather quickly. Now the Cypriot economy is thriving under its able administration.

The real estate market of any country directly reflects the overall performance of its economy. After the 2013 crisis, the government of Cyprus introduced the Residency & Citizenship program fornon-EU citizens. Under this program, investors making an investment of €350,000 in real estate are granted Cypriot residency and those making an investment of €2 million to €2.5 million in other various combined assets, including residential real estate of €500,000, are granted Cypriot citizenship.

The Cypriot Residency & Citizenship program is one of the most attractive and value-for-money programs in the world. It has garnered interest not only from investors but also reputed developers who have entered into joint ventures with local developers.

This has increased the confidence level of the local real estate market and consequently the economy. The GDP growth in 2017 was 3.4 % and International Monetary Fund (IMF) predicts further GDP growth of 2.6% in 2018.

Due to strong market indication and high demand for real estate across Cyprus, there was a substantial increase in real estate transactions and new construction permits in 2017.

Interest from foreign buyers for high end properties (€1.5 million and above) has increased by 45% in 2017.

Growth in all property price indices was recorded during 2017, reflecting the increased demand and activity levels in the real estate sector.

Following are the highlights of the real estate market in Cyprus during the year 2017:

  1. There was 49% increase in the value of new building permits. The capital city of Cyprus accounts for 35% of the total permits or market share.
  2. There was 24% increase in sale contracts across Cyprus. Though the capital is Nicosia, Limassol is the country’s financial capital and it recorded 35% of the total transactions. At the same time, Famagusta recorded the highest annual growthof 44%in number of sale contracts during 2017. Nicosia recorded a growth of 42%.
  3. There was an increase of 33% in sale transactions by foreign buyers. Paphos and Limassol are the most popular destinations among foreign buyers. However, during my recent visit to Cyprus, I observed that the Ayia Napa area is not very popular among investors and is an attraction only for tourists. This area has great potential for foreign investors.
  4. There was a rise of 45% in the purchase of high end real estate as these purchases are directly connected with Cyprus passport/ Europe citizenship program.

Experts believe that the Cypriot real estate market will be doing really well in the coming years.

As attorneys, we assist Indian HNIs and developers to make suitable investmentsin Cyprus and manage all legal aspects associated with the process.

E-mail us at: info@ajmeralaw.com for more information visit www.ajmeralaw.com

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