Immigration has always been a core element of the human story, driven by the pursuit of safety, prosperity, and a better quality of life. Today, structured programs like Greece’s Golden Visa provide a clear, reliable path for individuals seeking a new beginning in the European Union . For Americans in particular, the Greek program has…
The Greek government, through the Ministry of Migration and Asylum, has introduced a significant initiative to attract foreign investments in startups using the Golden Visa program. This framework involves granting a “B.6” residence permit to third-country nationals who invest in Greece, thereby promoting innovation and entrepreneurship. Conditions for Granting the PermitInvestors must contribute at least…
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…
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…
This is an the update to our article published June 19, 2024, https://stathaki-tsopela.gr/en/immigration-law/financially-independent-persons-new-greek-residence-permit/ Recent changes: Citizens of third countries who wish to enter the country with a national entry visa and apply for a residence permit as Financially Independent Persons (FIP) must demonstrate sufficient financial resources of at least 3.500 euros per month. If 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…
The entry into force of Law 5038/2023 on April 1, 2024, enforced the FIP (Financially Independent Persons) Residence Permit for third country individuals. The residence permit for Financially Independent Persons is now the “residence permit for third-country nationals with sufficient resources” (I.8 residence permit), and the conditions for its issuance are regulated in Article 163…
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…
