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PRACTICE AREAS

PRACTICE AREAS

Golden Visa

With the Law 5038/2023 many and significant changes have been implemented to the criteria for obtaining the Golden Visa.

  • 800.000 EUR for Attica, Thessaloniki and all the Greek Islands with population of over 3.100 inhabitants

  • 400.000 EUR for the rest of Greece

The investments must be directed toward a single property with a minimum surface area of 120 square meters.

EXCEPTIONS

  • 250.000 EUR for investments in properties resulting form change of use, convert a commercial property (industrial building or other no residential properties ) into a residential property. There is no geographic restriction and there is no a minimum surface restriction.

  • 250.000 EUR for investment in properties of special building ( diatiritea) which are buildings with an historical, cultural or architectural value and are listed. There is no geographic restriction and there is no a minimum surface restriction.

  • 250.000 EUR for investment in a start up company. The Law 5162/2024 introduces a new type of residence permit, granted through investment in start up companies. This is a new provision in the Immigration Law, which allows third-country citizens to obtain a new type of Golden Visa.

The new Golden Visa Law prohibits the renting and subletting to sell the property on the short- term rental market (less than 60 days).