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Greece allows property purchase and Golden Visa under the old rules until 30 April 2024

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Greece
Alii Sher / shutterstock

This term applies to those investors who have already made a deposit of 10% or more by 31 July 2023.

Because of the strike of notaries in Greece, many foreign buyers are concerned that they do have time to obtain «Golden visas» and register transactions under the old rules — for the amount of 250 thousand euros in those areas where the investment threshold was raised to 500 thousand euros after 31 July 2023.

The Greek government has therefore extended the deadline to 30 April 2024 for completing all deals.

Investors from non-EU countries will have additional time to apply for a residence permit for property investments worth 250 thousand euro or more.

Areas where the minimum investment amount has increased to 500 thousand euros include 28 municipalities of Athens, 6 municipalities of Thessaloniki, the islands of Mykonos and Santorini.

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