The Greek Golden Visa is back in the news: the government is considering a new "property portfolio" category tied to long-term rentals, while recent circulars tighten the rules on change-of-use properties and close the door on reusing the same property for multiple applications. Here's what investors need to know.
The Greek Golden Visa allows non-EU citizens to obtain a residence permit through investment in real estate, with renewable status that can be maintained indefinitely. The program does not require permanent residence in Greece and offers free movement within the Schengen Area, while also extending residency rights to the investor’s family members. Successful approval depends on selecting the right property, conducting thorough legal due diligence, and strictly following the required payment and application procedures.
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