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Since its initial launch in 2013, Greece’s Golden Visa program has proven to be one of Europe’s most enduring residency-by-investment initiatives. Over the years, it has continuously adapted to shifting economic conditions, investment landscapes, and EU-level scrutiny. Drakopoulos Senior Associate and Head of Immigration Angie Alevizou takes a closer look at its evolution, outcomes, potential future changes, legal challenges, and competitiveness going forward.

The latest amendment to the Labour Code, the so-called Flexinovela, which will be effective from 1 June 2025, introduces a number of changes that need to be reflected in employment documentation. We focus on the following key areas where we recommend making adjustments:

When it comes to foreigners residing or planning to reside in the Republic of Serbia, the most common practical issue involves the procedure for issuing a single permit for residence and work in the Republic of Serbia (“Single permit”).

Following an amendment in the Bulgarian Labour Code in late 2023 which will enter into force on 1 June 2025, Bulgaria is moving towards the introduction of a unified electronic employment record. This change will affect all Bulgarian employers and their employees and bring an end to the issuance and maintenance of paper-based labour books.

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