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 National Land Registry is informing property owners in the areas of Skopelos – South Pelion – Magnesia that the publication of the initial report of the Land Registry data is extended until March 19, 2024. The extension was deemed necessary to facilitate citizen service by the Cadastral Office due to the declaration of most…
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…
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…
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…
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 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…
Buying property in Greece has always been a complicated process, but now with the introduction of e-auctions, it has become simpler. E-auctions is an online auction platform that allows buyers to purchase properties in Greece without the hassle of traditional property buying. This guide will provide you with a brief overview of the process, including…
