With the aim of attracting significant capital to critical sectors of the Greek economy, the Ministry of Development is promoting a modern and comprehensive framework to support Foreign Direct Investment (FDI), as highlighted in a statement.
The bill introduces a new incentive scheme , complementary to existing tools, which includes:
- Tax incentives (exemptions or accelerated depreciation of fixed assets)
- Fast-track licensing with strict deadlines
- Financing tools for investments up to €50 million, guaranteed by the Hellenic Development Bank
- Simplified residence permit procedures
- Fair first-in, first-out (FIFO) process
The new framework targets investments financed exclusively by non-domestic capital and related to specific strategic sectors.
Objectives of the bill
A. Increasing FDI inflows in strategic sectors
The scheme applies to investment projects of up to €50 million in the following sectors:
- Manufacturing / Industry
- Research & Development, Technology, Artificial Intelligence
- Supply Chain (Logistics)
- Industrial primary production
- Defense Industry / Aerospace
- Biotechnology, Health, Social Welfare
B. Provision of targeted incentives
The incentives vary depending on the region of implementation and include:
- Tax exemption or accelerated depreciation of fixed assets
- Fast-track licensing with the option for the Minister to intervene in case of inaction
- Loans guaranteed by the Hellenic Development Bank
- Lower interest rates
- Improved lending terms
- Minimal collateral requirements
- Simplified residence permit process for investors
- Transparent FIFO process for the approval of investment projects
Benefits for the Greek economy
The implementation of the new framework is expected to result in:
- Leveraging significant foreign capital
- Strengthening the productive base and technological upgrading
- Transfer of know-how and advanced business culture
- Creation of new jobs
- Strengthening regional development and reducing inequalities
- Accelerating digital and industrial transformation
The bill constitutes a targeted reform that strengthens the country’s competitiveness and enhances Greece’s position on the international investment map.