New requirements for 'Golden Visa' program to kick in on March 31

New requirements for 'Golden Visa' program to kick in on March 31

Energy

The new terms for a five-year residence permit for foreign investors in Greece (known as Golden Visa) will kick in on March 31, raising the required investment total to 250,000-800,000 euros, depending on the area and property characteristics, CE Report quotes Athens-Macedonian

The program has attracted investors in several popular Greek areas, where it has contributed to raided real estate prices. The requirements for new investors are part of measures the government has initiated to alleviate the difficulties of Greeks, especially younger couples, in finding affordable housing.

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