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…
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…
paradise of Skopelos
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 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…
