Greek Golden Visa: Extended Deadline Benefits Investors

• Published date: 13 July 2023
• Subject Matter: Immigration, General Immigration, Work Visas
• Law Firm: Eurofast
• Author: Ms Maria Sarantopoulou and Alexandra Theologou

As we have already informed our clients and readers on a previous article, the new Immigration Code provides for an increase in the investment amount required to obtain a golden visa. Specifically, in the Regional Units of Northern, Central and Southern Athens, in the Municipality of Vari-Voula-Vouliagmeni, in Thessaloniki, in Mykonos, and in Santorini the investors will need to purchase a property worth at least 500,000 euros.

However, the former regime of 250,000 euros still applies in the above areas for those who opt to sign a notarial pre-agreement and deposit 10% of the property's value by 31.07.2023.

With the previous deadline being set at 30.04.2023, it seems...