Golden Visa Greece to increase investment threshold to 500,000 euros: Should you invest now?

Latest news on the Greek Golden Visa program 2023

The minimum real estate investment required for Portugal’s Golden Visa program has increased to EUR 500,000. On September 10, 2022, Greek Prime Minister Mitsotakis announced plans to increase the minimum required investment of the Golden Visa program to EUR 500,000, up from the previous amount of EUR 250,000.
This policy is expected to take effect officially in May 2023, as the Ministry of Migration wants a longer transition period.
This means that investors should take advantage of the short period of time to pay the investment deposit before the official policy applies to be eligible to apply at the old amount of EUR 250,000.

Greek Prime Minister Kyriakos Mitsotakis speaks during a news conference at the annual International Trade Fair of Thessaloniki, Greece, September 10, 2022

Overview of the Greek Golden Visa program

The Greek Golden Visa program is a visa program for foreign investors to invest in Greek real estate and meet other investment requirements. With a minimum investment of EUR 250,000, investors will be granted a visa and have the right to temporary residence in Greece and many other Schengen countries. This program provides many benefits, including diversifying assets by investing in real estate and potential profit, as well as the freedom of movement within the Schengen area.

Introduction to Greece

Reasons for choosing the program

Investors choose the Greek Golden Visa program for the cost advantages and fast processing. Additionally, the program offers investors the opportunity to invest in Greek real estate, creating attractive income and diversifying assets.

Key Benefits:

• One of the most cost effective Golden Visas programs – €250.000
• Fast and uncomplicated to process.
• Three generations of the same family are eligible to apply.
• Low government and renewal fees
• Own Greek real estate – Great investment opportunities that offer attractive return on investment and facilitate asset diversification.
• Visa-free travel throughout the EU Schengen zone.

For detailed advice, investors can call our hotline at 0909.898.758.