The government is set to implement a new scheme in 2025 that will separate the Greek Golden Visa Program from real estate investments. This initiative aims to redirect focus from property acquisitions to promoting startup entrepreneurship. The Greek government aims to redirect investor capital towards more productive sectors, moving away from real estate investments that…
The Ministry of National Economy and Finance and the Ministry of Development have taken new measures to support Greek startups as part of shaping and implementing a new productive model for Greece. One of the most significant initiatives announced by the Greek government concerns the granting of the Startup Visa. Specifically, as announced, following the…
Prime Minister Kyriakos Mitsotakis made a reference to the Golden Visa in Greece in his speech at the 88th Thessaloniki International Fair, but not in regards to the real estate program. The recent changes come as part of the economic strategy introduced during the 88th Thessaloniki International Fair to further boost the country’s economy. The…
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…
paradise of Skopelos
According to the law that was passed yesterday (April 2, 2024) in the Greek Parliament, the provisions regarding the permit for permanent investment in real estate (Golden Visa program) are as follows: In the Attica Region, the Regional Units of Thessaloniki, Mykonos, and Santorini, and on islands with a population of over 3,100 inhabitants, the…
The Greek Minister of Finance revealed forthcoming adjustments to the Greek Golden Visa program, outlined as follows: In the Attica Region, the Regional Units of Thessaloniki, Mykonos, and Santorini, and on islands with a population of over 3,100 inhabitants, the value of the real estate that the applicant must invest increases to 800,000 euros. In…
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…
