Anticipated adjustments to the golden visa program by the Greek government involve raising investment thresholds across three distinct regions for prospective investors seeking residence permits through real estate purchase. Specifically, the forthcoming legislation, slated for presentation in parliament soon, proposes elevating the minimum investment requirement for golden visas in certain regions to 800,000 euros. Initially,…
The possibility of increasing the investment limit for foreign citizens under the “Golden Visa” program to even 800,000 euros was left open by Greece’s Prime Minister Kyriakos Mitsotakis, during his speech at the “Prime Minister’s Hour” in parliament. Specifically, Prime Minister Kyriakos Mitsotakis referred to the possibility of a new increase in the investment threshold…
The next four months will be months of investment fever for the real estate market. Thousands of sales in the most popular areas of the country and within the framework of the “Golden Visa” program must be completed by April 30, 2024 at the latest, in order for foreign investors to avoid the increase of…
In the context of successfully implementing the Golden Visa program and taking into consideration the requirements of foreign investors, Greece has expanded this program. It has introduced a more flexible and expedited process for non-EU/EEA citizens who intend to acquire a residence permit (Greek Golden Visa) through intangible investments in Greece, specifically in the form…
Suspension, of examination and issuance of pending renewal applications and submission of renewal applications for residence permits of Russian/Belarus citizens, is lifted. However, the suspension of submission and approval of new residence permit applications is maintained until further notice. By decision of the Minister of Migration and Asylum, Mr Notis Mitarakis, the suspension of the…
Greece will increase the minimum price of the property bought, to grant eligibility for a Golden Visa, to 500,000 euros in certain parts of the country, according to an amendment entered for vote in the Greek Parliament on Wednesday December 21st 2022. The new minimum price will be applicable to the North, Central and South Sector…
In a world where digital nomads are increasingly common, it only makes sense that Greece would try to attract this type of traveler. But as has been the case with many countries, the Greek government is wary of letting anyone in who might not leave again. Because of this, getting a digital nomad visa for…
The General Secretariat of Immigration Policy has started the new process of electronic submission of applications for the granting of initial residence permits to citizens of third countries. In particular, from Wednesday, November 16, 2022, all applications for the initial granting of residence permits for citizens of third countries are submitted exclusively through the electronic…
FT includes the Greek economy in an article on Monday September 26th entitled “The seven economic wonders of a worried world”, noting that “In periods of gloom like this one, when commentators see nothing but faults in most countries, it is worth highlighting the few that defy the prevailing pessimism. Here are seven that stand…
Greece is becoming a top destination for wealthy migrants, as it is expected to welcome 1,200 “millionaire immigrants” this year. This country is among the top 10 preferred countries for high income earners looking for another place of permanent residence, according to data from Henley & Partners, a company that helps wealthy clients migrate. The…
