Greece’s Golden Visa program continues to attract global investors with its enticing offer of residency through investment. Launched in 2013, this program has opened doors for non-EU citizens to secure a five-year residence permit by investing a minimum of €250,000 in Greek real estate or other qualifying assets. This initiative not only provides residency in Greece but also allows for visa-free travel across the Schengen zone, making it a highly desirable option for international investors.
The program has undergone significant changes in 2024, introducing new investment opportunities and increased thresholds. However, the option to invest €250,000 remains for projects such as converting commercial properties into residential spaces or restoring listed buildings. For more detailed updates on these changes, you can visit the Greece Golden Visa Program Latest Changes page.
As of 2023, the program has granted over 31,000 Golden Visa permits, attracting more than €2.6 billion into Greece. The top applicant nationalities include China, Turkey, and Lebanon, showcasing the program’s international appeal. The application process involves selecting a property, completing legal steps, acquiring the property, and submitting biometric data, all aimed at securing Golden Visa approval.
The permit is valid for five years and is renewable, provided the investment conditions are met. Eligibility criteria include being a non-EU citizen over 18, having a clean criminal record, and possessing adequate insurance. For those interested in exploring this opportunity further, the original article offers an in-depth guide to the Greece Golden Visa.
The Greece Golden Visa program stands out not only for its benefits but also for its contribution to the Greek economy. With its strategic location and potential tax advantages under the Double Taxation Treaty, Greece remains a promising destination for investors worldwide.
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