The Golden Visa in Greece will not increase to 500.000 euros

Rumours that the Golden Visa programme is Greece will increase to 500.000 euros have been unofficially disputed

Over the past few days there has been speculation in the media that the Greek Golden Visa residency by investment programme would become more expensive, increasing to 500.000 euros as a new minimum. The official investment scheme, governed under Greek Law 4521/2014, is one of the most competitive in Europe. Starting from 250.000 euros, investors are able to secure permanent residency for themselves, their spouse, parents and children. Moreover, they get to enjoy passive income, freedom to travel without a visa in Europe (Schengen zone) and they can even move to Greece if they wish.

Why it does not make sense for the Golden Visa in Greece to become more expensive

Having spoken to the competent authorities, they do not see how it would make sense for the Greek Golden Visa programme to increase to 500.000 euros. They also do not know where this rumour originated, since there is nothing similar being discussed.

Why is the Golden Visa in Greece rumoured to increase to 500.000 euros?

This is the equivalent of a shop “warning” customers about future price increases and urging them to “buy this while you can”.

As a company that actively participates in the residency by investment industry we are here to investigate such rumours. We strive to support our past, current and future clients with their investment in Greece in a calm and reliable manner.

How does the Golden Visa law, and any law in Greece, change

The entire process of a law being changed in Greece usually takes around 6 months, if not more. Even if there were changes to happen, these would not affect investors who are currently looking into investing in Greece.

Where can you find help when investing in Greece?

We are local, Greek investment consultants with offices in the Center of Athens and an expertise in the Golden visa programme