Since August 1, the new golden visa policy for Greece has officially come into effect, and the investment threshold in some regions has been raised from 250,000 euros to 500,000 euros.
Next, we will discuss the specific changes of the new Greek golden visa policy:
Two major changes in the New Deal
01
Price increases in specific areas
According to the latest amendments, the central, northern and southern regions of the Greek capital Athens, as well as Thessaloniki, Mykonos and Santorini, will require applicants to have a minimum investment of €500,000.
As for the rest of Greece, the amendment clearly states that the minimum investment amount in the east and west of the Attica region and the city of Piraeus remains unchanged at the level of 250,000 euros.
Through this amendment, the Greek government has made differentiated adjustments to the golden visa policy to better meet the development needs of various regions, while ensuring the diversity and flexibility of the golden visa policy throughout Greece.
02
Purchase quantity limit
According to the latest policy, for the above price-increasing areas, only a single real estate can be purchased, and the price of the real estate must reach 500,000 euros, and no superposition is allowed.
This policy adjustment is significantly different from the previous regulations. The previous policy allowed investors to purchase multiple properties, as long as the total price reached 250,000 euros!
Is the Greek Golden Visa worth the investment?
With the two major changes in the Greek Golden Visa, many people are starting to wonder if it is still worth investing in?
The reality is that the Greek Golden Visa is still an option with a high investment value. The regions that maintain the original price and the regions that increase the price each have their own unique advantages.
01
original price area
Areas that maintain the original price still maintain the cost-effective advantage of buying a house for 250,000 euros and moving to Europe.
Investors can obtain freehold housing in Greece with less capital, realize the goal of moving to Europe, and enjoy the high-quality life in Greece.
In recent years, the golden visa policies of European countries have changed frequently, and closures, price increases and higher thresholds have become the main trends this year.
In this context, for many investors who intend to emigrate to Europe, it is undoubtedly a wise move to seize the preferential policy of Greece’s 250,000 euros for house purchase and emigration, and choose and plan as soon as possible!
02
Price increase area
Most of the areas where prices have been increased by the New Deal are popular locations, where housing prices continue to rise and have extremely high potential for value-added.
If you choose to invest in these locations, investors can not only obtain a Greek golden visa, but also enjoy the lucrative benefits brought about by the appreciation of real estate.
For those who want to seek investment opportunities in Europe and enjoy a high quality of life, the price increase area is still a good ideal choice.
Despite some adjustments, the Greek Golden Visa remains a very valuable investment option.
Whether in terms of cost performance, investment opportunities, appreciation space, etc., the Greek Golden Visa can meet the needs of investors in many ways.
If you also intend to immigrate to Greece and want to seize the excellent opportunity to buy a house and move to Europe, please contact Xingyunhai International, we will serve you wholeheartedly and provide you with professional support and assistance.
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