The Greek government has announced an extension until February 28, 2025, for the Golden Visa program with the old threshold of 250.000 and 500.000 euros in real estate investment. This decision directly impacts thousands of investors who had already made down payments of 10% and signed pre-contracts but faced delays in finalizing their final purchase…
paradise of Skopelos
If you are a property owner on the island of Skopelos, South Pelion and Magnesia (below you will find the areas in detail), then October 17, 2023, is the start date of the publication of the initial report of the Land Registry data with a deadline of 2 months (or 4 months if you are a…
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…
When it comes to buying property in Greece, it’s essential to seek the advice and assistance of a qualified lawyer. Greece has a complex legal system, and there are many legal issues that can arise when buying property. A lawyer can help you navigate the legal and administrative procedures involved in purchasing property and ensure…
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…
Since its implementation in 2014 the Greek Golden Visa Program has been successful in garnering foreign interest from all over the world. The Greek residency program is so well received and in high demand for 2 reasons: 1. It requires the lowest investment in the European Union (€250,000) through real estate purchase and 2. It…
On the 12-5-2020 the Law 4251/2014 (Golden Visa Program) was amended as follows: “The minimum value of the real estate at the time of its acquisition, as well as the total contractual lease of hotel accommodation or tourist accommodation, as shown by the notarial transfer deeds and, if they are subject to the payment of a…
Invest in Greece with the Golden Visa Program means quality of life. Today, more than ever, it seems imperative to invest in a quality of life, close to the natural environment, near the countryside and sea. The Golden Visa program, in its standard form, aims to attract investment and capital inflows in Greece, but there…
Imminent changes to the Golden Visa Program are scheduled from the Greek Government. The draft bill will come for a vote before the Greek Parliament with the following changes after April 24, 2020: The first paragraph of case 2 of paragraph B of article 20 of Law 4251/2014, is replaced as follows: “2. The minimum value…
