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...
Greece this week officially increased its golden visa program minimum investment requirement. The golden visa limit has been doubled from 250,000 euros to 500,000 euros, allowing third country nationals to obtain five-year residency rights by purchasing property in specific areas of Greece. Effective August 1, the new rules state that individuals or legal entities must invest a minimum of 500,000 euros...
The Greek passport has maintained its strong position in the global rankings, securing the 7th spot on the Henley Passport Index. Greek passport holders enjoy visa-free access to 185 countries, solidifying its status as one of the most powerful passports in the world. On the other hand, the Cyprus passport has dropped one spot from last year's ranking and now stands at 12th place on the Henley Passport...
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...
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