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…
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 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…
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…
The General Secretariat of Immigration Policy has started the new process of electronic submission of applications for the granting of initial residence permits to citizens of third countries. In particular, from Wednesday, November 16, 2022, all applications for the initial granting of residence permits for citizens of third countries are submitted exclusively through the electronic…
FT includes the Greek economy in an article on Monday September 26th entitled “The seven economic wonders of a worried world”, noting that “In periods of gloom like this one, when commentators see nothing but faults in most countries, it is worth highlighting the few that defy the prevailing pessimism. Here are seven that stand…