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The Greek Golden Visa through Property Investment in Athens for €250,000
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In light of the recent updates in the Greek Golden Visa program, the requirements for property investment in order to obtain permanent residency in the country have undergone significant changes. Previously, the minimum investment amount of €250,000 for real estate in specific municipalities in Athens, Thessaloniki, Mykonos, and Santorini has been doubled to €500,000.
However, it’s important to note that these revised regulations are not universally applicable across all districts within Athens. Certain municipalities and zones in the Greek capital will continue to maintain the €250,000 threshold for property valuation. This distinction confers a considerable advantage to investors pursuing permanent residency through real estate acquisition in Greece.
Regions encompassed within the Athens district that will retain the €250,000 minimum property investment requirement include:
➡ Central Athens Regional Unit (7 municipalities)
➡ West Athens Regional Unit (all 7 municipalities)
➡ East Attica Regional Unit (all 13 municipalities)
➡ West Attica Regional Unit (all 5 municipalities)
The “Golden Visa Greece” stands as an enticing option for global investors, offering an avenue for profitable capital allocation accompanied by the prospect of residency privileges within the Schengen Area.
Key Advantages of the Greek Golden Visa Program:
Granting the prospect of securing permanent residency across Schengen member states for a continuous period of five years, encompassing the entirety of the applicant’s family.
Beyond the principal investor, the scope of beneficiaries extends to encompass spouses, unmarried offspring, and even the parents of either the investor or their spouse.
Diverging from conventional residency initiatives, the Greek Golden Visa program negates the need for adhering to a prescribed minimum stay duration within Greek territories.
Holders of property in Greece are bestowed with the prerogative to lease their assets, thereby presenting an auxiliary revenue stream to offset real estate expenditure.
The program accommodates investments within both novel and existing residential or commercial properties.
Why Opt for the Expertise of the Feod Group
It is crucial to seek professional legal assistance to ensure a successful investment journey.
We will accompany you throughout the investment process, from property selection and comprehensive due diligence to the submission of residency applications in Greece.
Our comprehensive services encompass:
Identifying suitable properties and conducting negotiations with developers or owners.
Reviewing owner documents, technical records, and construction plans.
Compiling the necessary documentation.
Assisting with the opening of bank accounts.
Submitting documents within Greece to obtain five-year residency for the entire fam
With our experience and professionalism, you will be able to efficiently maximize the opportunities offered by the Greek Golden Visa program.
In 2013, she graduated in law from the National University «Odessa Law Academy» with honors and received a Master of Law degree. Anastasia Taran has experience in international and contract law, as well as corporate and tax law in Europe. Within the framework of Feod Group, she specializes i...
In 2013, she graduated in law from the National University «Odessa Law Academy» with honors and received a Master of Law degree. Anastasia Taran has experience in international and contract law, as well as corporate and tax law in Europe. Within the framework of Feod Group, she specializes in immigration and corporate law of European countries, particularly: