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…
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…
The imminent entry into force of Law 5038/2023 on April 1, 2024, has caused concern among people interested in living their dream in Greece, as many changes are occurring in Greek immigration law. In this context, it is stated by several that the residence permit for Financially Independent Persons is being abolished under the new…
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 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…
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…
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…
