Chinese incentives

SHANGHAI - Any Chinese person investing more than 250,000 euros in real estate in Greece will be given a five-year residence permit without having to fulfill any other criteria.
This is what Prime Minister Antonis Samaras has told a business conference in Shanghai.
The Greek government also aims to offer bigger investors Greek citizenship in a bid to attract investment from China.
Samaras’s pledge came as he prepared to conclude his first official visit to the Asian country.
“This is the last stop of my current visit to China, but I strongly feel that this is the beginning of a new, more prosperous chapter in the history of our peoples,” he told his audience at the Greek-Chinese business forum.
"Confucius spoke about the «path to Wisdom». Plato wrote about the «path to Virtue». Let us join our forces, to establish our own common path to a very prosperous future."
The Greek side appeared pleased with the outcome of Samaras’s trip to China. Apart from issuing a joint communique, 11 trade and cooperation agreements were also signed during the trip.
It is worth noting, though, that Greece and China also issued a joint communique in January 2006 when then Prime Minister Costas Karamanlis visited Beijing. 

Source: InCyprus

Published on 20 May, 2013