New €250,000 Golden Visa Investment Option in Greece: A Game-Changer for Investors
The Greek Golden Visa program has long been one of Europe’s most attractive residency-by-investment options, and recent updates have introduced a new opportunity for investors. Announced by Greek Prime Minister Kyriakos Mitsotakis, the government now offers a €250,000 real estate investment threshold for certain regions of the country. This change is aimed at attracting more foreign investors while balancing local housing affordability.
What's New?
Previously, the minimum investment requirement was raised to €500,000 in popular locations such as Athens. However, the government has now created a €250,000 option for other regions, including Thessaloniki, parts of Crete, and Mykonos. Investors can now choose areas with lower minimum investments while still qualifying for the Golden Visa.
This dual-tier system reflects Greece’s efforts to attract investment in less crowded real estate markets, ensuring that Greece remains competitive in the global residency market.
Why It Matters
For international investors seeking Greek residency through investment, this new option opens up more affordable pathways. The €250,000 option makes residency more accessible while still offering the same benefits, including visa-free access to the Schengen Zone.
With Greece's booming tourism sector and thriving economy, investing in real estate offers not just a residency permit but also a potential financial return.
Conclusion
The newly introduced €250,000 Golden Visa option highlights Greece's commitment to maintaining its global appeal to investors. Whether you're considering a property in Thessaloniki or Mykonos, this update provides greater flexibility in securing your Greek residency by investment.
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