REAL ESTATE INVESTEMENT - GREECE NEW RULES GOLDEN VISAS –MARCH 2024

WHAT TO EXPECT: minimum investment threshold depending on specific municipalities and geographic zones moved to 800,000 EUR (instead of the current €500,000). Specifically for the Region of Attica, the Regional Units of Thessaloniki, Mykonos, and Santorini, and the islands with a population of more than 3,100 inhabitants, the minimum value of real estate at the time of acquisition is 800,000 EUR. All the other regions of the country, are anticipated to provide a more accessible entrance point of 400,000 EUR.( from a minimum €250,000) .

Investors can buy a share of a property in undivided co-ownership worth at least €400,000 or a minimum €800,000.

The investment must be carried out in a single property with a minimum surface area of 120 square meters

EXCEPTIONS: YES !

RESTRICTIONS: A) RENTALS LONG TERMS ALLOWED
                            B) AIRBNB NOT ALLOWED

TRANSITIONAL PERIOD:  YES! STILL SOME TIME LEFT!

investors may apply under the current 250k minimum threshold, provided that they pay a 10% deposit by September 30, 2024, and finalize the investment by December 31, 2024. In case the purchase of the property is not completed on time, the investor is allowed to complete their investment in another property no later than April 30, 2025.

All other provisions of the current Golden Visa Law remain unchanged.

Contact us for more at This email address is being protected from spambots. You need JavaScript enabled to view it. 

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