Greece

Foreign investors eyeing Greece for residency through the Golden Visa program will encounter heightened investment criteria starting March 31st, 2024. The updated regulations, aiming to balance housing affordability and foreign investment, introduce tiered minimum investment thresholds ranging from €250,000 to €800,000. Addressing Housing Concerns Previously, a €250,000 investment in any Greek...

Greece is set to implement changes to its Golden Visa program, as Prime Minister Kyriakos Mitsotakis announced plans to raise the minimum investment threshold for third-country nationals. During a parliamentary debate on the housing crisis, Mitsotakis revealed that the Golden Visa requirement could increase to €800,000 for real estate investments in specific regions. This announcement follows the...

In a remarkable tourism boom, Greece witnessed an unprecedented surge in visitor arrivals, reaching a staggering 32 million tourists from January to November 2023, as reported by the Bank of Greece on Monday. The inbound travel movement experienced a remarkable spike of 17.3%, with a total of 31.97 million travelers gracing the picturesque landscapes of Greece, a significant jump from the 27.25 million...

The Economist has declared Greece as the "Country of the Year" for 2023, acknowledging its remarkable resilience amidst a challenging global landscape marked by conflicts, autocratic regimes, and restricted freedoms. The decision was based on the publication's quest to find the place that exhibited the most improvement in a world fraught with difficulties, ultimately bestowing this honor upon...

The Greek Golden Visa Program offers property investors the opportunity to obtain a five-year residence permit. Currently, the minimum investment requirement is €250,000, but it will increase in 2023 to €500,000 in certain parts of the country, including Athens, the capital. Investment Options for Greek Golden Visa Investors participating in the program have the option to invest in residential or...

Investing in real estate in Greece presents a multitude of advantages and opportunities. Here are five compelling reasons to consider investing in Greek real estate: Affordable Property Prices: Following the economic crisis in Greece, property prices have significantly declined, making it an opportune time to invest. Compared to other European countries, Greece offers relatively affordable real estate...

Real estate investment in Greece has gained significant attention in recent years, as the country offers a range of opportunities for investors seeking attractive returns and potential capital appreciation. With its stunning landscapes, rich history, and favorable investment climate, Greece has become an appealing destination for those looking to diversify their real estate portfolios. One of the main...