Recently, there have been continuous reports in the immigration market about the expansion of the scope of Greece's 'Golden Visa' program, prompting many individuals interested in Greece's investment immigration to inquire through phone calls or visits to WorldUnion. After extensive confirmation and investigation, WorldUnion Group brings the latest authoritative information.
The Hellenic Parliament has recently officially passed a new investment bill submitted by the Ministry of Economy, expanding the scope of the 'Golden Visa' program. Alongside the original option of purchasing real estate in Greece starting at €250,000 to obtain a 'Golden Visa', various new investment options such as bonds, stocks, or bank deposits have been added.
According to the new law, in addition to the current policy of obtaining a 'Golden Visa' through property purchase, third-country nationals may obtain a Greek 'Golden Visa' through the following investment options:
1. Invest at least €400,000 in a company registered in Greece or a Greek office of an overseas company, excluding investment companies dealing with securities and real estate;
2. Invest at least €400,000 in a Real Estate Investment Company (REIC) aimed at investing in Greece;
3. Invest at least €400,000 in a private equity fund (EPEA) or a venture capital fund, with the aforementioned alternative investment institutions (AIF) focused on investing in Greek companies;
4. Purchase government bonds valued at no less than €400,000 through a Greek credit institution, with a holding period of no less than three years;
5. Deposit no less than €400,000 in a Greek credit institution, with a minimum term of one year and renewal at regular intervals;
6. Purchase stocks, corporate bonds, and government bonds valued at no less than €800,000 in the Greek capital market;
7. Purchase local funds in Greece or funds registered in other countries valued at no less than €400,000, provided that the fund invests entirely in stocks, corporate bonds, or Greek government bonds.
According to the new legislation, compared to the aforementioned new investment options for obtaining Greece's 'Golden Visa', the current investment method of property purchase starting at €250,000 remains the option with the lowest investment amount.
The Greek government launched the 'Golden Visa' program in 2013, where purchasing property in Greece starting at €250,000 allows the entire family to rapidly acquire a Greek permanent residence permit, thus achieving a dual benefit of 'investment + identity', making it highly attractive to investors. Over the past five years, the 'Golden Visa' program has brought substantial capital to Greece, significantly boosting the development of the Greek real estate market.
The year 2018 marked a turning point for Greece, as the country exited EU assistance, with its economy gradually recovering and the tourism industry continuing to thrive, making Greece increasingly attractive to global investors. The Greek property investment immigration program, with an investment amount starting at €250,000, has entered a golden investment period, drawing a growing number of investors' attention to Greece's investment market.
WorldUnion immigration experts stated: With the Hellenic Parliament passing the new investment bill, the application for Greece's 'Golden Visa' may become more popular against the backdrop of diversified investment options. Therefore, those interested in investing in Greece should seize this opportunity to apply for the property purchase immigration starting at €250,000 during this favorable period, reap the benefits early, and avoid issues such as increased application numbers and 'waiting times' brought about by the new policy.
WorldUnion Group, a pioneer in Greek property investment immigration, partnered early on with the Embassy of Greece in China in 2013 to introduce the 'Greek Investment Immigration' program to China and has maintained a good relationship with the Greek government over the years. In the realm of Greek property investment immigration, WorldUnion Group consistently prioritizes the interests of investors, collaborating with strong Greek real estate developers to select high-quality Greek property projects for investors.
As a leading investment immigration organization and one of Asia's top 500 brands, WorldUnion Group has collaborated with strong Greek developers to launch numerous high-quality real estate options, selecting various projects across different types and regions to meet the diverse needs of investors, assisting them in successfully immigrating and investing in Greece.
Currently, the Greek properties offered by WorldUnion include seaside garden villas, luxury shops, exquisite apartments, ultra-luxurious villas… with a wide range of high-quality properties to choose from! For more details, please contact: 400-138-2929.