Greek Prime Minister Kyriakos Mitsotakis is considering increasing the minimum investment for foreigners seeking a Golden Visa, focusing on regions with high rental demand. The aim is to address housing market challenges.
“We are thinking about raising the investment threshold, especially in areas with a lot of demand for rentals,” Mitsotakis told lawmakers in Athens.
Greece has already doubled the investment requirement for a Greek visa through property investment in popular destinations like Athens, Thessaloniki, Mykonos, and Santorini. Currently, investors need to spend €500,000 in these locations for the ‘Golden Visa’ program, while the threshold for the rest of the country remains at €250,000.
Golden Visa, Greece investment, Visa requirements, Real estate investment, High-rent areas