The Greek Ministry of Development and Investment submitted an amendment to Parliament on December 21, and the bill has been passed. According to the latest bill, the immigration threshold for house purchase in some areas of Greece has been raised from the original 250,000 euros to 500,000 euros. The content of the new policy of
is basically the same as the transition plan we released last time. Today we will share with you the content of the final version of and ~
will increase prices in different regions. In which regions will the prices increase? Regions where the
price will increase to 500,000 euros will include: Attica areas of northern, central and southern Athens, Thessaloniki , Mykonos, and Santorini.
• After the implementation of the new bill, only one property with a minimum investment of 500,000 euros can be purchased in areas above ;
• Other regions still implement the old house purchase immigration policy of 250,000 euros. When will the new policy of
be implemented? Is it too late to do it now?
The new policy will implement into from May 1, 2023, and set up a transition period.
According to the new policy: , you can catch up with the old policy of 250,000 euros in the price increase area by paying 10% of the house price before April 30, 2023. . For those who are currently waiting and watching, it is completely late to start now, but there is not much time, so you still need to act quickly.
Specific time points for riding on the old government
In order to catch up with the last 250,000 euros "buy a house and settle down" policy, investors must meet the following conditions:
• Before April 30, 2023 - Sign the reservation agreement and pay at least 10% (not less than 25,000 euros) down payment for the purchase of a house; before December 31, 2023 - pay the full amount and complete the transfer.
In addition to the price increase details, the Greek Immigration Bureau recently announced a new policy related to immigration:
★ Greece recognizes the Hague POA certification
In order to further optimize the process and improve the investment efficiency of third-country investors, the Greek Immigration Bureau will officially recognize the Hague POA from now on. As long as the Hague POA has the relevant Hague Convention country's Hague seal (APOSTILLE).
The Immigration Bureau also notified applicants that after submitting the online application, they need to log in and register their fingerprints within one year to solve the problem of queuing at the consulate. It also buys investors more time to complete their 250,000 euro home purchase and immigration applications before May 1, 2023.
The Greek Immigration Bureau officially announced that it has accepted The Hague POA, which is a concrete manifestation of the Greek government's simplified immigration application process and accelerated approval of . It buys investors more time to complete the 250,000 euro house purchase and immigration application before the political change. It is undoubtedly good news for investors!
Greece is the most cost-effective country among European home purchase immigration projects. Not only can you obtain permanent residence status in one step, but you can also harvest real estate and investment value at the same time, making it suitable for both renting and owning. After obtaining Greek permanent residence status, you will have more conveniences in children's education, asset allocation, retirement planning and other aspects. Therefore, investors who are interested in Greece’s “ golden visa ” should seize the last four months and lock in the old deal!
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