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Tag Archives: Golden Visa

Greece a Golden Visa destination for Americans after Trump victory

A notable number of American citizens dissatisfied with Donald Trump’s recent election victory are considering relocation to Europe through Golden Visa programs, with Greece emerging as one of the preferred destinations. According to a CNN report, interest among more affluent American citizens in EU Golden Visa programs has surged following …

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Greece offers Golden Visa also for investment in start-ups

Greece will offer Golden Visa not only for investment in real estate but also for Greek startups, Prime Minister Kyriakos Mitsotakis announced  from the stage of the International Fair of Thessaloniki on Saturday. The amount asked for the investment in startup is much lower than the one for real estate. …

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Golden Visa: Greece releases new rules incl. prohibitions

Greece’s Finance Minister Kostis Hatzidakis revealed on Thursday the new rules and limits regarding the Golden Visa scheme. Properties purchased  by non-EU nationals for the purpose of obtaining a 5-year residence permit. The changes concern the prices, the minimum size of the property as well as its utilization. There is …

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Greece’s new 3-tier price scheme for Golden Visa

The Greek government is about to submit the new scheme for Golden Visa to the Parliament next week. The new 3-tier price scheme will depend on the geographical location of a property and will also have special incentives to investors from non-EU countries who will purchase “conservation” properties. The final …

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“Golden Visa threshold to increase significantly,” says Greece’s PM

“We are looking for a further significant increase in the threshold for Golden Visa investments that will affect all areas under pressure and in urban areas and islands,” Prime Minister Kyriakos Mitsotakis told the Parliament on Friday morning. “The threshold can go to 800,000 euros,” in such areas, he announced …

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Greece extends “Golden Visa” scheme of €250,000 before its rise

Greece has extended its “Golden Visa” scheme for three months enabling non-EU citizens to buy properties with 250,000 euros before the minimum cost rises to 500,000. Investors from countries outside the EU will have three more months to secure deals to acquire properties at the current lower price limit of …

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Golden Visa: Athens municipalities where price doubles; law loopholes

Dozens of districts in Attica will become more expensive for foreign investors from third countries who wish to obtain a residence permit through the Golden Visa program. According to the amendment submitted to Parliament, the minimum investment limit to secure the coveted license will be doubled from 250,000 to 500,000 …

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Golden Visa rise to 500,000 euros in parts of Greece: Amendment

Τhe minimum value of property that must be acquired to grant eligibility for a Golden Visa will be increased to 500,000 euros in certain parts of Greece, according to an amendment tabled in Parliament by the Development and Investments Ministry on Wednesday.  The new minimum value at time of purchase …

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Golden Visa in Greece hikes to €500K; Minister lists affected regions

The government is proceeding with new regulations regarding the “Golden Visa”, doubling the amount of property investment in specific and regions across Greece with the aim to obtain a residence permit. Speaking to reporters on Thursday, Deputy Minister of Development and Investments Nikos Papathanasis announced that the government will submit …

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Golden Visa: Greece doubles investment to €500,000 from €250,000

Greece’ Prime Minister Kyriakos Mitsoτακισ shocked the real estate market on Saturday when he announce that investment for Golden Visa is being doubled from €250,000 euros to 500,000 euros. The announcement came practically out of the blue with the argument that real estate will be affordable to Greeks again. The …

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Greece suspends new residence permits for Russian investors

Greece has suspended issuance and renewal of residence permits to wealthy Russian citizens investing in Greece “until further notice,” the Migration & Asylum Ministry said on Monday. The suspension applies to both permit requests under consideration and new requests. “New requests will not be accepted and no applications for the …

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Golden Visa properties in Greece may be purchased per credit or debit card

An amend bill tabled by Development and Investment Minister, Adonis Georgiadis, allows investors who buy real estate in order to secure residence permit via the Golden Visa program to make their purchases via credit card or POS. The bill is to be voted today, Thursday, at the Greek Palriament. The …

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Greece expands range of investments for Golden Visa Program

A new draft bill prepared by the Economy and Development ministry will add intangible investments into Greece’s Golden Visa program for third country, that is non-EU, citizens. The draft law on harmonising Greek legislation with an EU directive on commercial secrecy includes a regulation aiming to improve and to add …

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EU measures to crackdown illegal Golden Visa schemes not adequate, say critics

Golden Visa schemes that sell citizenship and residency to the super rich threaten the EU’s collective security and integrity and attract criminals, the European Commission has warned. Twenty states, including Greece, the United Kingdom, Ireland and Spain, sell residency permits while Malta, Cyprus and Bulgaria currently offer “citizenship for sale” …

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Golden Visa: Authorities in Greece and China investigate illegal POS transactions

Greek and Chinese authorities investigate illegal payment transactions between a Greek real estate company and Chinese investors who have been targeting residence permission in an EU country via the Golden Visa program. According to Greek media reports on Wednesday, the vice chairman of Greece’s biggest retailer “Jumbo” is investigated for …

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Greece to soon extend Golden Visa program to other sectors than real estate

Greece’s plans to extend the Golden Visa Program are imminent also in other sectors than in real estate.  Enterprise Greece executive Grigoris Stergioulis revealed the sector that are included into a draft bill is  to be submitted to the Parliament. Sepaking to Athens news agency, Stergioulis said plans are to …

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Greece’s Golden Visa program has offered 5,000 visas

The “Golden Visa” program offered to foreigners who invest in real estate worth more than 250,000 euros in the country is growing strongly, Elias Athanasiou, CEO in Enterprise Greece said last week. The Golden Visa program has been initiated since 2012. During the first years of operation, demand for visas …

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