News

Greece government announced amendments of Golden Visa legislation in 2023.

For the provinces in the North, Central, and South Athens, municipality of Thessaloniki, Mykonos and Santorini the minimum investment required in order to obtain a permanent residency is 500,000 euro.

Very important, under the new regime of 500.000€ , in the aforementioned areas, the investment shall totally be for One Property. Furthermore, in regards to the adaptive period, a Buyer and potential candidate of the Golden Visa, can still invest in any area of Athens (including Thessaloniki, Mykonos, Santorini) the amount of 250.000€, IF s/he makes an advance payment of 10% of the agreed property price before the date of 30/04/2023, and simultaneously s/he signs a private reservation agreement with the lawyer certifying this private agreement. The full payment for the property should be done by the end of 2023 and permanent residency application submitted.

Additionally, we would like to recall that an investor is allowed to proceed with the signing of POA in their country of origin, without visiting Greece, at a) the Greek Consulate , and b) at any foreign public notary, provided that the power of attorney (POA) is certified with the Apostile Stamp or legalized by the Greek Consulate.