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Politics

Greek Min. Theodorikakos: Golden Visa for Investments of 250,000 Euros in Start-ups

September 16, 2024

ATHENS – The development ministry is proceeding with initiatives along three lines of action for the formation and implementation of a new production model for the country, following the reforms carried out by the government aiming at the convergence of incomes with the European average and the reduction of social and regional inequalities, Development Minister Takis Theodorikakos explained on Monday, presenting the government’s measures to support entrepreneurship and business productivity.

The minister reiterated that, in collaboration with the other ministries responsible, the development ministry is preparing the the details for a new production model, following the measures already implemented by the government, in an effort to boost industry and exports.

Theodorikakos announced increased tax incentives for acquisitions and mergers, for research and development with a total cost of 40 million euros, while he underlined that a Golden Visa will also be granted for investments of 250,000 euros in start-up companies as of January 1, 2025.

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