Greece offers the most affordable Golden Visa option, with a minimum of 250000 euros, the lowest investment capital required for a European residence permit, as the chart below:
Greece offers the most affordable Golden Visa option, with a minimum of 250000 euros, the lowest investment capital required for a European residence permit, as the chart below:
COMPARING THE MINIMUM ENTRY COST OF GOLDEN VISA PROGRAMMES IN EUROPEAN COUNTRIES
Currently, properties in Greece are undervalued as a result of a long-lasting recession. This means that compared to other European capitals, Athens offers very competitive pricing per square meter without compromising on the quality of real estate. Note that the Greek Golden Visa Programme allows investors to choose their property without any geographical limitations or restrictions to the type of property, while other countries may impose rules depending on the nature of the property itself and its location.
AVERAGE PROPERTY PRICE IN THE CENTRE OF EUROPEAN CAPITALS (€/Μ2)
Investors are free to rent their properties in Greece immediately (while for instance in Malta the first 5 years of ownership are not allowed to). Moreover, due to the high and steady rate of incoming tourists and the growth of short-term rental schemes, property in Greece can yield a return on investment as high as 5% after taxes as well as promise a profitable resale option with property prices being expected to soon rise in Greece.
For investors planning to move to Greece eventually, the cost of living is an important factor in their decision-making process. Greece is known for having a remarkably low cost of living, which benefits foreign investors since the maintenance, renovation works and professionals hired require minimal expenses.
The geographical location of Greece is conveniently placed at the point where the East meets the West providing a strategic investment destination. Since all major airlines are connected to Athens, flying around the world is easy, fast and cheap.
Get in touch with our advisors to help you invest in Greece and enjoy Europe!
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