iLand’s Post

View organization page for iLand, graphic

125 followers

Greece Golden Visa Program Update: April 2024 Thinking about investing in Greece? There have been some important changes to the Golden Visa program. Here's a quick rundown: Increased Investment Amounts: The minimum investment amount now varies depending on the location of the property. High-demand areas (Athens, Thessaloniki, Mykonos, Santorini, and islands with +3100 residents): €800,000 minimum Other areas: €400,000 minimum (up from €250,000) Property Requirements: The minimum property size is now 120 square meters. Only single property purchases are allowed. Rental Restrictions: Golden Visa properties can only be rented out through long-term contracts. Short-term rentals and sub-leasing are not permitted. ⏰ Important Deadline: To qualify under the old program with a €250,000 minimum investment, a 10% deposit is required by August 31, 2024, with the full amount due by December 31, 2024. Considering a Greece Golden Visa? Let's connect and discuss your options! #greece #goldenvisa #investment #realestate

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics