IPC Developments

Personal benefits for Greece:
-Personal freedom:
European Residency in 2 - 3 months
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Full family Residency.
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You and your family enjoy European Residency status and all of its benefits
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No need to reside in the country
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No minimum stay requirement
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Open to all non-EU nationalities
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Get a second citizenship after 7 years
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No need to give up your current Nationality

-Family security:
The Greek Residency Permit extends to Spouse and children below 21 years of age
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The Greek PR gives the same rights to Education as the Greek Citizens, including Higher Education
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Greece is known for its excellent health care system, ranked 14th out of 191 members by the World Health Organization
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Lifestyle with a safe, stable, and natural environment

For Permanent Residence Permit the applicant should:
• Invest a minimum of 150,000 EURO in Property.
• Have a minimum annual income of €30,000 deriving from abroad, from legal sources. For every dependent person, an extra €5,000 is required.
• Provide solid evidence that he is able to cover all his family’s needs in money for the long run (and all the money should be available from activities abroad). The more money the applicant deposits in a Cypriot bank, the better he will serve his application procedure.
• Possess a clean criminal record.
• Sign a statement confirming that he/she has no intention to work or be engaged in any form of active business in Cyprus.
• Visit Cyprus at least once every two years.

Malta to launch a Global Centre for Climate Friendly Travel:
The government, through the Ministry for Tourism has just agreed with SUNx (Strong Universal Network) to take the lead in a global effort aimed at converting the threat of global climate change into an opportunity. The Global Centre for Climate Friendly Travel will launch a set of actions and opportunities to address this threat from the travel industry perspective.

Minister for Tourism Konrad Mizzi said that, “there is growing international consensus for a strong shift from talk to action. This is amply evidenced by the political action of the EU in raising the stakes these past few weeks by announcing the allocation of 1 in every 4 euro of the next budget to climate resilience.
This initiative will put Malta at the forefront of this change in creating more climate friendly travel. We will become the home of SUNx – the Strong Universal Network – a global centre for Climate Friendly Travel following the targets of the Paris Agreement set in 2015.”

Spain advances in its use of the digital economy:
The EU has published its Digital Economy and Society Index (DESI) report, which measures the advances in the use of the digital economy among its members and considers five main areas and 33 subindicators.

According to this study, Spain has climbed four places since 2017 and now stands at number ten in the ranking of the 28 EU member states.
This rise is due to an improvement in most of the dimensions measured by DESI, but particularly two: connectivity – thanks to the widespread availability of fixed fast and ultrafast broadband networks and the increase in their implementation –, and advances in companies' use of digital technologies.

Specifically, Spain is now number seven in terms of companies' integration of digital technology, significantly above the EU average, after improving and climbing three places since last year.

Spanish companies are increasingly leveraging the possibilities offered by eCommerce: 20% of SMEs sell online (above the 17% EU average), 7% of all SMEs make cross-border sales and an average of 10% of their business volume comes from the online segment. Additionally, almost a third of SMEs use electronic invoicing, 28% of companies use social networks and 18% use cloud services.

Spain appears in the highest positions in the dimensions of electronic administration.
It has also improved in regard to human capital, although it is still slightly below the average.