golden visa greece

The Greek government wants to decouple the Golden Visa Program from Real Estate investments

A significant uptick from Brits and Americans has been recorded over the recent 12-month period

The Greece Golden Visa Program is a residence-by-investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. The residence permits may be renewed every five years.

Greek Golden Visa applications reached 2,644 in the first quarter of 2024, marking a 12% increase compared to 2023, which saw 2,364 applications

According to Greece's central bank, net revenues from property sales in the country purchased by foreign nationals in 2023 exceeded 2.1 billion euros.

A growing housing problem and the touristification of urban centers and popular islands have forced Greece to increase the limits of its popular golden visa program

The Greek Finance Ministry will be increasing the Golden Visa threshold to 800,000 euros for some areas. A relevant bill is expected to be tabled in parliament this week