GREECE – Upcoming Immigration Changes
A new immigration regulation, Law Νο.4251/2014, has been passed in Greece on 1 April 2014 and will go into effect on 2 June 2014. Although the law does provide for some changes within current immigration routes, the details have yet to be released by the Ministry of Interior.
What Are The Main Changes?
At this stage the primary changes in the new immigration law can be summarised as follows:
- Senior managerial level employees may be locally hired by Greek entities. Currently these employees may only be hired by Greek multinational companies where more than 50% of the shares are foreign owned.
- Renewals of Van Der Elst Visas and D visas for Short Term Assignments may be curtailed, currently one renewal of up to 6 months is usually granted for these statuses.
- No residence permits will be granted for holders of Van Der Elst visas and D visas for Short Term Assignments.
- Note the intended changes in Greek immigration law for June 2014.
- Note that these changes are likely to result in a temporary slowdown in processing times, while the new law is implemented.