New provisions are coming into force in Greece on the 1st of September mean that Golden Visa applicants have the following options:
- invest in properties having a price of €800,000 or,
- Invest in properties with a price of €400,000,
depending on location,
or
- invest in redeveloped properties having a minimum price of €250,000. The current availability of such properties is minimal, if any.
Areas such as Piraeus and the western suburbs will come under the €800,000 threshold from the 1st of September.
There is a window of opportunity to invest only €250,000 in these areas until the 31st of August 2024.