A sunny, southern European nation home to hundreds of the world’s most premier holiday hotspots, Greece is beloved by many High-Net-Worth-Individuals, who hail the country as the ultimate getaway locale.
Greek Golden Visa
Greece’s Permanent Residence Programme requires a minimum investment of €250,000 in the country’s real estate sector.
Upcoming Changes
The Greek Golden Visa Program will undergo significant changes, increasing the minimum investment from €250,000 to €800,000.
Investors have the opportunity to apply at the current rate by placing a 10% deposit by August 31, 2024.
This provides a clear window for action under the existing, more favorable investment conditions.
Overview of the Greek Residency Program
As Greece is a member of both the European Union and Schengen Zone, Greek Permanent Residence Permit holders can freely travel across all EU and Schengen member states.
The programme requires a minimum investment of €250,000 in Greek real estate, which must be held for 5 years.
The permit is valid for 5 years and can be renewed after that provided the individual maintains ownership of their property.
The application processing period lasts between 1-2 months.