Did you know that Greece will be raising the minimum property investment required for a Golden Visa in 36 municipalities from €250,000 to €500,000 starting next year? Foreign buyers are hurrying to buy properties to qualify for a Golden Visa before the new limit starts and so should you!
1. Why is Greece making these changes?
Did you know that the Greek government has recently made changes to its Golden Visa program to reform its real estate market and attract foreign investment, while also protecting the interests of Greek citizens? Critics argue that the previous minimum investment of €250,000 was too low, while some foreign investors may be discouraged by the new higher investment threshold. However, Greece continues to be an attractive location for foreign buyers due to its natural beauty, rich history, and favorable tax policies.
2. Why is it important to invest now?
Attention investors! Here’s what you need to know about Greece’s new Golden Visa investment thresholds. If you’re looking to invest in areas with a 500,000 EUR threshold, you’ll only be able to buy one property. But if you’re targeting areas with a 250,000 EUR threshold, you still have the option to invest in multiple properties. Time to strategize your Golden Visa game plan and waste no time!
3. How to quickly get a Greek residence permit?
Imagine being able to explore the historic ruins of Greece and its stunning islands at your leisure, without worrying about travel restrictions. Well, the good news is that with the Golden Visa program, foreign nationals can obtain a residence permit simply by investing in national real estate. Not only does this permit allow for visa-free travel to other countries, but it also offers indefinite residence in Greece and the potential for European citizenship down the road. It’s like having a golden ticket to the wonders of Greece!
4. Why is the Greek Golden Visa a smart investment?
Did you also know that the Greek Golden Visa program allows you to travel visa-free throughout the Schengen zone? This means you can explore 26 European countries without the hassle of obtaining separate visas. The Greek Golden Visa program offers a smart investment opportunity for those seeking to live in Greece and travel throughout the Schengen zone without a visa. With its low investment threshold, it also provides the potential benefits of a promising real estate market. Furthermore, the Double Taxation Treaty simplifies tax management in both Greece and your home country, making it an attractive option for investors.
5. Golden Visa Program’s Impact on Greek Real Estate Revolution.
The Golden Visa program has been a game-changer for Greece’s property market since its inception in 2013. However, its popularity with foreign investors has caused prices to skyrocket in certain areas, putting properties out of reach for many locals. The program’s recent updates aim to tackle this issue head-on, making the property market more inclusive and accessible to Greek citizens. It’s a step towards a more balanced and equitable property landscape, where everyone can reap the benefits of the Golden Visa program.
So why wait? Get in touch with us and let’s start your journey to obtaining a Greek Golden Visa today!