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Greece Extends Deadline for Golden Visa Real Estate Contracts Until February 2025
Greece has decided to extend the deadline for Golden Visa investors to complete their real estate purchase contracts. Investors who have placed a 10% deposit on a property before August 31, 2024, will now have until February 28, 2025, to finalize their contracts.
This decision aims to provide additional flexibility for investors, ensuring that those eligible for Greece’s Residency by Investment program can continue to apply under the old investment thresholds. Previously, the deadline for finalizing contracts was set for December 31, 2024.
With the new extension, eligible investors will still be able to proceed under the current investment requirements, ranging from €250,000 to €500,000.
In September this year, the Greek government introduced changes to the Golden Visa program to address the housing crisis. These changes included raising the minimum investment threshold in popular areas like Santorini, Mykonos, and the Attica region.
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