Amid complaints that letting rich foreigners qualify for Greek Golden Visas by buying property has dried up supplies and driven up rents and purchase prices, more investors want to take advantage of putting money in bank deposits.
Prime Minister Kyriakos Mitsotakis’ government has gone all out in trying to entice foreigners to buy property despite the European Union’s worries the program is susceptible to money laundering, no report on whether applicants are being vetted.
Source: The National Herald
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