More time for Golden Visas

Investors from countries outside the EU will have three more months to secure deals to acquire properties at the current lower price limit of 250,000 euros, thereby securing the coveted residence permit (Golden Visa), but also the property of their choice in terms of location, before the minimum cost rises to €500,000.

In the recent law on the new immigration code of the Immigration Policy Ministry, published in the Government Gazette a few days ago, a provision is provided which stipulates that the time frame for signing a preliminary agreement (or even a final sale contract) at the existing price of €250,000 is extended from April 30, which was the deadline until now, to July 31.

Until then, interested investors will be able to proceed with agreements to acquire properties in the center of Athens or its southern or northern suburbs with a lower investment limit of ...