Greece’s Golden Visa: Updated Thresholds—Still Europe’s Top Choice! As of September 1, 2024, the Greek Golden Visa program has introduced new minimum thresholds in specific real estate investments, refining the pathway to Greek residency. 🏛️ Despite these adjustments, Greece's Golden Visa remains one of the most competitive residency-by-investment programs in Europe. 🌍 With real estate investments starting at just €250,000, it continues to offer non-EU investors the most attractive and cost-effective route to European residency. Our latest insight provides a comprehensive overview of the updated legal framework governing the Golden Visa, covering both real estate 🏠 and financial investments 💼. Discover how you can leverage these opportunities to secure residency in Greece. Our senior associate Vasileios Tsintzos and associate Sofia Kournouti from our Immigration team are dedicated to assisting clients in navigating the complexities of the Greek Golden Visa program. For more information, contact us via: goldenvisa@machas-partners.com 📧 🔗 Read the full article here: https://lnkd.in/dBiHdxvT #GoldenVisa #Greece #GreekGoldenVisa #ResidencyByInvestment #InvestmentOpportunities #InvestInGreece #EuropeanResidency #ImmigrationLaw #RealEstateInvestment #FinancialInvestment #ResidencyAndCitizenship #GlobalInvestment #GreekRealEstate #HNWI #UHNWI #PrivateClients #LegalAdvice #LawFirm #MachasAndPartners
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🛤️ Steps to Greek Residency through the Golden Visa Program! 🛤️ Interested in obtaining residency in Greece? The Greek Golden Visa program offers a clear and straightforward path. Here’s a quick look at the steps involved: 1️⃣ Obtain Greek Tax Number (AFM) Start by getting your Greek non-resident tax number. This can be done in person or remotely through Power of Attorney. 2️⃣ Investment Transfer Select the investment option that best suits you and transfer the necessary funds to get started. 3️⃣ Residency Application Prepare all required documents and submit your residency application with the Alien and Immigration Department. Lawyers can even manage this process remotely on your behalf. 4️⃣ Application Approval Once approved, you’ll receive temporary residency. You’ll need to visit Greece within a year to submit your biometric data. 5️⃣ Receive Residency Card Your Greek residence permit is valid for 5 years. To renew, simply maintain your investment and continue enjoying the benefits! 🌍 Why Greece? With no minimum stay requirements, top-tier healthcare, and access to a beautiful, vibrant European lifestyle, Greece offers an ideal residency option for global investors. 👉 Ready to take the next step? Contact us to learn more about how you can make Greece your new home with the Golden Visa program. #GreeceGoldenVisa #ResidencyByInvestment #InvestmentImmigration #GreekResidency #GoldenVisaProgram #InvestInGreece #ResidencySolutions #GlobalMobility #EuropeResidency #Immigration
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The Greek Golden Visa program offers a lucrative opportunity for foreign investors looking to secure residency in Greece. With key benefits such as no minimum stay requirement and access to the EU, here are the program highlights: - **Investment Requirement**: Applicants must invest a minimum of €250,000 in Greek real estate. - **Eligibility**: Open to non-EU, non-EEA, and non-Swiss nationals, including the spouse, children under 21, and dependent parents of the main applicant. - **Residency Permit**: Successful applicants receive a five-year residency permit, renewable every five years with maintained investment. - **Access to EU**: Visa holders can travel visa-free within the Schengen Zone - **Citizenship Pathway**: Continuous residency for seven years in Greece can lead to eligibility for Greek citizenship. - **Additional Benefits**: Holders can live, work, or start a business in Greece. - **Processing Time**: The application process is typically quick, typically taking 3 months from submission to approval. For investors seeking EU residency, the Greek Golden Visa stands out as an attractive choice with its numerous advantages and straightforward application process. #GoldenVisa #realestate #property #InvestmentMigration #EUResidency #Greece #kavala #greekgoldenvisa #immigration #investingreece #properties #investment #investors
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▶ A legal ruling in Italy states that if you qualify for an Elective Residency Visa, you can apply directly in Italy, bypassing the need to request the visa through the Italian consulate that has jurisdiction over your place of residence. ▶ However, before getting too excited, it's important to note that this ruling is a legal interpretation, not a law. As a result, if you apply for your Permesso di Soggiorno Elettronico (PSE) in Italy, there's a 50% chance it could be denied. In such a case, you would need to file a lawsuit in Italy, and even then, there's only a 50% chance the outcome will be favorable. ▶ Given these uncertainties, you should carefully consider whether you're willing to take the risk of applying directly in Italy, knowing there is a significant chance of denial, or apply through the Italian consulate, where a well-prepared application has an almost guaranteed approval rate. 📧 If you would like personalized assistance regarding the Elective Residency Visa or any other visa for Italy, please feel free to contact us at inquiry@damienofarrell.com #globalmobility #italy #immigration #retire
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Spain's Golden Visa is a residency-by-investment programme that offers non-EU nationals residency in Spain by investing €500,000 in real estate. It grants you the right to live and work in Spain and travel freely across the Schengen area. Plus, it can lead to permanent residency and even Spanish citizenship in the long term. Share with someone who wants to know. You can DM us to get more information. For more insights, visit https://lnkd.in/dhuQ__z6 . . . . #GoldenVisa #EuropeanRealEstate #ResidencyByInvestment #CitizenshipByInvestment #LuxuryProperties #InvestInEurope #FreedomToTravel #WealthManagement #HighNetWorthIndividuals #ExpatLife #EuropeanCitizenship #RealEstateInvesting
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▶ A legal ruling in Italy states that if you qualify for an Elective Residency Visa, you can apply directly in Italy, bypassing the need to request the visa through the Italian consulate that has jurisdiction over your place of residence. ▶ However, before getting too excited, it's important to note that this ruling is a legal interpretation, not a law. As a result, if you apply for your Permesso di Soggiorno Elettronico (PSE) in Italy, there's a 50% chance it could be denied. In such a case, you would need to file a lawsuit in Italy, and even then, there's only a 50% chance the outcome will be favorable. ▶ Given these uncertainties, you should carefully consider whether you're willing to take the risk of applying directly in Italy, knowing there is a significant chance of denial, or apply through the Italian consulate, where a well-prepared application has an almost guaranteed approval rate. 📧 If you would like personalized assistance regarding the Elective Residency Visa or any other visa for Italy, please feel free to contact us at inquiry@damienofarrell.com #globalmobility #italy #immigration
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𝗚𝗲𝘁𝘁𝗶𝗻𝗴 𝗮 𝗚𝗼𝗹𝗱𝗲𝗻 𝗩𝗶𝘀𝗮 𝗶𝗻 𝗚𝗿𝗲𝗲𝗰𝗲 The 𝗚𝗿𝗲𝗲𝗸 𝗚𝗼𝗹𝗱𝗲𝗻 𝗩𝗶𝘀𝗮 𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗲 is one of the most popular investment visa programmes in Europe. It’s a residency-by-investment visa for non-EU citizens who purchase real estate in Greece. Recently, the minimum investment was increased to €𝟴𝟬𝟬,𝟬𝟬𝟬 for prime areas like Athens, Thessaloniki, Santorini, Mykonos and islands with over 3,100 residents. In the rest of Greece, the minimum investment remains at €𝟰𝟬𝟬,𝟬𝟬𝟬. For investments in real estate that will be converted into residences, the minimum value is set at €𝟮𝟱𝟬,𝟬𝟬𝟬. The same minimum value applies to investments in listed buildings or buildings under restoration or reconstruction. This visa provides 𝗮 𝗽𝗮𝘁𝗵 𝘁𝗼 𝗚𝗿𝗲𝗲𝗸 𝗰𝗶𝘁𝗶𝘇𝗲𝗻𝘀𝗵𝗶𝗽 after seven years of residence and allows visa-free travel across Europe’s Schengen Zone. You can also include family members in your application. The best part? No exams in Greek language or history are required, and living in Greece is only necessary if applying for citizenship. Investors have the flexibility to invest in real estate, stocks, bonds, or investment funds, giving you options to own a Mediterranean property or a 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗹𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗮𝘀𝘀𝗲𝘁. If you're aiming for a life in the sun by the sea or easy access to European travel, the Greek Golden Visa might be the perfect solution. ➡ Want to learn more about getting a Greek Golden Visa? 𝗚𝗼𝘂𝗹𝗶𝗲𝗹𝗺𝗼𝘀 & 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗟𝗮𝘄 𝗙𝗶𝗿𝗺 specialises in real estate law. Drop us a message to book a call. Read the full article here: https://lnkd.in/d8aHggYH #GoldenVisa #GreekResidency #Investing #SchengenVisa #MediterraneanLiving #GreeceInvestment #EuropeanTravel #RealEstateInvestment #Goulielmos #LawFirm
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Significant Changes to the Greek Golden Visa Program Announced While investors are eagerly waiting for the Greek government to announce the new rules this year, the Greek Golden Visa program is undergoing substantial revisions to its minimum investment requirements. Here's a breakdown of the key updates: Increased Investment Thresholds: High-demand areas: Investment minimums will nearly double to €800,000 (previously €500,000) in popular locations like most of Athens, Thessaloniki, Mykonos, and Santorini. Rest of Greece: The minimum investment increases to €400,000 (previously €250,000) for all other regions. Potential Opportunities Remain: Immigration experts advise that there may be some interesting developments in the revised program, including: Limited-time grandfathering: The possibility of securing a Golden Visa under the current investment levels may be available until the end of 2024. Property size considerations: New regulations might link property size to Golden Visa eligibility. Exceptions for specific properties: Certain specialized real estate categories could retain the €250,000 minimum investment. Act Now to Leverage Current Benefits While the program's status as the world's #1 Golden Visa and the most affordable EU residency option is about to change, we advise our clients of a window of opportunity that still remains. Investors and entrepreneurs who act quickly can still benefit from the current, more accessible Greek Golden Visa program. #investinginrealestate #investingreece #countryoftheyear2023 #economist #bluezones #healthylifestyle #goldenvisa #visafreetravel #grekodomarmenia #grekodomdevelopment #greekrealestate
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In this detailed comparison, we break down the key differences between the Portugal Golden Visa and the Greece Golden Visa. Learn about the investment requirements, the benefits of each program, and which one might be the better option for your investment goals. https://lnkd.in/gdgFw2E8 If you're ready to explore your options for residency in Europe and take advantage of a Golden Visa program, you're in the right place! Our team is experienced, having assisted applicants from various backgrounds in obtaining their residency and citizenship through investment. Get a FREE email assessment: https://lnkd.in/gcajBm8y #GoldenVisa #PortugalGoldenVisa #GreeceGoldenVisa #CitizenshipByInvestment #InvestorVisa #ResidencyByInvestment #PortugalVisa #GreeceVisa #InvestmentOpportunities #EuropeanInvestment #InvestmentResidency #PortugalCitizenship #GreeceCitizenship
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Has the 𝐆𝐫𝐞𝐞𝐜𝐞 𝐆𝐨𝐥𝐝𝐞𝐧 𝐕𝐢𝐬𝐚 𝐩𝐫𝐨𝐠𝐫𝐚𝐦 been on your mind? For those who have been preparing and planning their investment- based #migration to Greece, there are some new numbers coming in from Greece regarding the #investment amount. So, if you’ve been filling out the application for their Golden Visa program, it’s imperative that you plan your application accordingly. Please note, the Greece Golden Visa program changes became effective as of March 31st, 2024. The Greek government has officially announced amendments to the Greece Golden Visa Program, signaling a significant shift in the minimum investment for potential migrants. 𝐇𝐞𝐫𝐞’𝐬 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐤𝐧𝐨𝐰: 𝐑𝐢𝐬𝐢𝐧𝐠 𝐂𝐨𝐬𝐭𝐬: Initially set at EUR 250,000, the minimum investment has already increased to EUR 400,000 for some parts of Athens, Mykonos, Santorini, and Thessaloniki. The requirement is set to climb further to EUR 800,000 in these high-demand areas. For other regions, the threshold will rise from EUR 250,000 to EUR 400,000. 𝐖𝐢𝐧𝐝𝐨𝐰 𝐨𝐟 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲: There’s a silver lining for proactive investors. A short grace period allows you to lock in your investment at the original rate of EUR 250,000. To seize this advantage, a 10% deposit must be submitted by August 31, 2024, with the full investment completed by December 31, 2024. 𝐖𝐡𝐲 𝐀𝐜𝐭?: The Greece Golden Visa Program remains one of Europe’s premier real estate-based investment opportunities for migration, offering a gateway to the continent and a chance to invest in some of the most sought-after properties. These changes offer exciting possibilities for investors seeking a variety of opportunities. If you’re interested in knowing more about your eligibility and wish to explore the path to Greek #residency, then get in touch with FRR Immigration by clicking on the link in the comments section below. #update #goldenvisa #frrimmigration
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