Greek Prime Minister Kyriakos Mitsotakis, confirmed that the Golden Visa requirement would be increased from 1st September 2024 to up to €800,000 ($890,000) for real estate investments in the country’s most popular territories.
New Changes to Take Effect From September 1
From 1st September 2024, the minimum amount required for investments in Thessaloniki, Mykonos and Santorini, and islands with a population surpassing 3,100 will increase from €500,000 to €800,000.
In other areas, wealthy foreign investors will have to pay €400,000 instead of €250,000 to buy a property and thus acquire residency through the Golden Visa Program.
All properties sold must be at least 120 square meters. In addition, only a single property can be bought to achieve the mandated threshold.
At the same time, properties that are not used as homes will have a threshold of €250,000, the same for listed properties that require restoration.
Contact VisaConnect’s Visa Agents and Greek Immigration Lawyers for advice and assistance with your Greece Golden Visa application for a Greece Permanent residence Permit, under the new Post 1 Stember 2024 rules!
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