Greece Golden Visa

Greece Golden Visa New Rules 2024 – Apply Before 31st August

Greece Golden Visa new rules mainly focus on the price rise of real estate from €250,000 to €400,000 for some areas and €800,000 for other areas. The last date to get a Golden Visa of Greece at the old price is 31st August 2024. You can apply for Greece Golden Visa with a 10% deposit until 31st August 2024 and complete the investment by 31st December 2024.

Greece Golden Visa – An Overview

Greece Visa Greece Golden Visa is one of the in-demand residency options in Europe. With opportunities for real estate investment, Golden Visa Greece is a leading Plan B for wealthy individuals. Investors can get a Greece residency permit along with family, travel to any Schengen state without visa requirements, and get the right to live, work, and do business.

What are the Greece Golden Visa New Rules for Real Estate?

Schengen Visa Free Travel
The Greek finance minister hinted at changing the existing Golden Visa investment rules. Greece Golden Visa by real estate investment will have two different streams with different geographic zones. The new rules will take effect on the 1st of September 2024, and these changes will significantly change the minimum investment requirements.

Tier 1 Investment Requirements

The tier 1 geographical zones include Attica, Thessaloniki, Mykonos, Santorini, and the islands with a population of 3,100 or more. These areas require a minimum real estate investment of €800,000 to qualify. The investment must be made in a single property that is 120 square meters or more.

Tier 2 Investment Requirements

The tier 2 geographic zones allow investors to get a golden visa with a minimum of €400,000 investment. These regions encourage investment in a wider sense. Same as Tier 1, the property size must be 120 square meters or more and in a single property.

Important Things to Consider

Greece Passport Visa Free CountriesThe old prices of the golden visa are applicable till 31st August 2024, i.e. €250,000. You must pay 10% of that amount and complete the investment process by 31st December 2024. Any work on restoration must be completed by 30th April 2025.

Greece Passport Ranking

As per the Henly Passport Index 2024 ranking, the Greece passport is jointly 6th strongest passport along with the Poland passport, allowing visa free travel to 188 countries. Greece passport visa free countries include visa free travel to 188 countries, including Schengen states, the UK, USA, Canada, Japan, Hong Kong, and Australia.

Conclusion

Like Caribbean countries CBI programs experienced price hikes, Greece Golden Visa new rules are also under storm of price hikes. Keeping in view the short time available, it is pertinent to apply for the Greece Golden Visa before the deadline and save a significant amount that you can use for settlement in Greece. Get Citizenship by Investment team advice.

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I am Zubair Zain, a Tourism & Hospitaliaty Graduate who choose to be an immigration writer with experience across diverse domains. My Area of experties include residency by investment, citizenship by investment, golden visa programs, dual nationliaty, digital nomad visa and investment opportunities. With 12 years of experience, I've helped readers to get latest knowledge to understand what's going on in Immigration world.

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