This is not official information so far, but only reports from the Greek media based on the data from their sources.
What has happened
According to Ekathimerini, the Greek government intends to set three different minimum investment thresholds for the Golden Visa program, depending on the area where the property in question is located.
- €800,000: in the central, northern and southern sectors of Attica, the center of Thessaloniki, Mykonos and Santorini.
- €400,000 - €500,000: in regions where the current threshold is €250,000, but there is high demand from foreigners (Piraeus, the western suburbs of Athens, as well as selected northern and eastern suburbs of the capital such as Erakas, Ekali, Markopoulo and other).
- €250,000: in the remaining parts of the country, where investment interest is currently minimal.
What about other locations?
The question is, for the time being, what will happen to the areas on the periphery where there is strong tourist interest and which are also home to universities. Cities such as Corfu, Iraklio, Hania, Rhodes, Patra and others are experiencing a serious housing shortage, but investors there rarely receive golden visas.
The experts are awaiting official information on this matter.
Photo by Karol Chomka on Unsplash
Quoting conditions of Prian.info materials