Starting August 1, Greece’s investor visa program grants five-year residency rights for third country nationals who purchase, individually or through a legal entity, property in Greece valued at a minimum of 500,000 euros. Under the changes, only one property can be purchased for the set amount.
The new limit applies to property purchases in the central, northern and southern sectors of Attica, on Mykonos, Santorini and in Thessaloniki.
Municipalities in Athens effected:
- Agia Paraskevi
- Agios Dimitrios
- Alimos
- Athens
- Chalandri
- Dafni- Imittos
- Elliniko- Argyroupoli
- Filadelfia- Chalkidona
- Filothei- Psychiko
- Galatsi
- Glyfada
- Ilioupoli
- Irakleio
- Kaisariani
- Kallithea
- Kifisia
- Lykovrysi- Pefki
- Marousi
- Metamorfosi
- Moschato- Tavros
- Nea Ionia
- Nea Smyrni
- Palaio Faliro
- Papagou – Cholargos
- Penteli
- Vrilissia
- Vyronas
- Zografou
- Vari
- Voula
- Vouliagmeni
Municipalities in Thessaloniki effected:
- Ampelokipoi Menemeni
- Kalamaria
- Kordelio – Evosmos
- Neapoli- Sykies
- Pavlos Melas
- Thessaloniki
Island municipalities effected:
- Mykonos
- Santorini
For the rest of the country, the previous minimum value of 250,000 euros will continue to grant eligibility for an investor permanent residence permit, or Golden Visa.
Furthermore, the former regime of €250,000 will still apply for investors who engaged a property through a deposit of 10% of the property’s value by 31.07.2023 and will complete the purchase by 31.12.2023.
