Introduction 

Greece’s Golden Visa, one of Europe’s most accessible and lifestyle-rich residence options, keeps drawing in foreign families and investors seeking European residency. 2024 is the ideal year to investigate this program as your route to a lively existence in Greece and the EU, with revised investment requirements and special rewards.

Key Benefits of Golden Visa Greece 2024

Greece has one of Europe’s most affordable Golden Visa programs. The program’s primary advantage is that, after investing €250,000 in real estate, candidates will receive Greek Permanent Residency in a matter of months. Although it is not a prerequisite for the Golden Visa program, a Greek residency permit will allow the holder to live, work, and study in Greece if they so want. Greek citizens can visit the rest of the EU Schengen Zone without a visa because Greece is a member of the Schengen Zone. They can also stay in other Schengen nations for up to 90 days every 180 days. 

• Take advantage of travel within the Schengen Zone without a visa.
• Greece does not require you to remain there in order to maintain residency, in contrast to other European residency systems.
• The Golden Visa may serve as a route to ultimate Greek citizenship, albeit an indirect one.
• Spouses, kids under 21, and even parents are eligible for the visa.
• Foreigners who become tax residents in Greece are eligible for an advantageous tax regime.

Investment Options for Golden Visa Greece 2024

The minimum investment requirements for the Greek Golden Visa program have been updated as of September 1st, 2024.

• €800,000 Investment Zone: This higher threshold is applicable to desirable regions like the entire Region of Attica (including Athens), Thessaloniki, the islands of Mykonos and Santorini, Rhodes, Corfu, Lesbos, Chios, Zante (Zakynthos), Salamis (Salamina), Kos, Kefalonia, Samos, Lefkada, Syros, Naxos, Kalymnos, LThere are very few of these initiatives, therefore those that are interested should move quickly. Click here to register your interest.
• Approximately €15,000 will be spent on government, notary, and legal expenses for the acquisition of real estate and the application for a visa. Additionally, the acquisition of a emnos, Paros, Thassos, Aegina, Tinos, Ikaria, Andros, Leros, Karpathos, Skiathos, Milos, Skopelos, Spetses, Kythera, Patmos, Poros, and Alonissos.
• €400,000 Investment Zone: The minimum investment required for properties outside of these desirable locations is €400,000.
• €250,000 Special Investment Category: While the new criteria have been implemented, some investment categories, such as listed building restoration and commercial-to-residential conversions, can still be eligible for the €250,000 threshold as long as the restoration is finished in order to renew the Golden Visa after five years. property in Greece entails paying VAT.

Requirements for Golden Visa Greece 2024

Applicants must fulfill a number of requirements in addition to completing the required real estate investment:

• A spotless criminal history
• Enough money and medical care to pay for their stay
• No prior denials of Schengen visas
• Candidates must not be citizens of the EU.

How to Apply for Golden Visa Greece 2024?

• Select Your Investment: Buying Greek real estate is a common example of this.
• Gather Documents: Application forms, identity, insurance, and evidence of finances.
• Send in Your Application: Greek consulates or a trip to Greece are frequently the best ways to accomplish this.
• Obtain Approval: Get your residency card in Greece if it has been authorized.

Why choose Greece Golden Visa Program?

Beyond granting residency, Greece’s Golden Visa extends an invitation to immerse oneself in Mediterranean culture and history, as well as its vibrant communities and stunning coastlines. Greece’s low cost of living and excellent healthcare make it a great place for remote workers and retirees.

Conclusion

The Golden Visa’s minimal real estate investment as of 2024 is still reasonable at €250,000 in some places, but new regulations have increased the investment to €500,000 in others. The goal of this modification is to control demand while preserving the European way of life for investors. The Greece Golden Visa can be the ideal choice for you if you’re looking for a safe place to invest, a Mediterranean lifestyle, or a route to European citizenship.