According to the latest news from the Greek Immigration Bureau: effective September 25, 2023, applicants for the Greek Golden Residence Permit who submit their applications online will no longer receive the "Blue Paper" in real-time. The "Blue Paper" will be issued within 40 days of a successful submission, provided that the documents have been reviewed and verified.
This change in submission policy makes the application process more standardized and ensures the "Blue Paper" carries more formal validity. Additionally, the new "Blue Paper" will feature a code and electronic certification to verify its authenticity and validity, providing convenience for clients entering the country to collect biometric data.
This is another significant policy adjustment since the investment threshold for the Greek Golden Visa was increased in certain regions. The Greek Golden Visa policy is tightening its review process, with stricter scrutiny of investor documentation. For those interested in immigrating to Greece, it is advisable to act early, as hesitation and waiting may consume more time and financial resources.
As one of the world's most renowned tourism, vacation, and honeymoon destinations, Greece is hailed as the cradle of Western civilization and is also known as the City of the Sky. With its long history, unique Mediterranean natural scenery, pure sunshine, crystal-clear waters, and pleasant living environment, it represents the beginning of an ideal life. Greece has consistently been favored by global investors and continues to captivate tourists from all corners of the globe.
Currently, it is an excellent time for Greek immigration. Since August 1, Greece has officially implemented a policy doubling the investment threshold for the Golden Visa from 250,000 euros to 500,000 euros in certain regions! According to the amendment, Eastern Attica, Western Attica, Piraeus, and other regions will maintain the 250,000 euro policy, and will continue to allow investment portfolios consisting of multiple properties to reach the threshold amount. For investors, this is a new opportunity following the price hikes for real estate immigration in Greece. By purchasing property starting from 250,000 euros in non-price-hike areas, investors can still apply for permanent residence visas for three generations, maintaining it as a cost-effective choice.
For those who want to immigrate to Greece, choosing properties in non-price-hike areas like Piraeus is a great option. Furthermore, property prices in this region remain relatively stable. According to the latest Greek real estate data, Piraeus property sales prices saw a quarter-on-quarter increase in the second quarter, largely on par with core areas. Notably, the Port of Piraeus (Piraeus Port), located near the policy-affected areas, is expected to become a popular choice for investors!
Piraeus Port is the largest port in Greece and one of the top 50 container ports globally, as well as the largest in the Eastern Mediterranean. The entire port area is equipped with comprehensive facilities, including large supermarkets, subways, outlets, Chinese restaurants, shops, freight services, yacht marinas, theaters, and sports stadiums. With its beautiful scenery, economic prosperity, and rapid development, property prices in the surrounding area have become some of the fastest-appreciating in Greece. It holds unlimited potential for future growth, making it a fantastic choice for both investment and personal residence! The minimum investment threshold for the Piraeus region is only 250,000 euros, allowing three generations of a family to obtain a high-value status!
The "Athens Seaside Apartments" project, grandly introduced to investors by Worldway Group in partnership with a strong Greek developer, has made a stunning debut and is a premium property located in the non-price-hike area of Piraeus. The project enjoys a superior geographical location on the beautiful Aegean coast of Athens, adjacent to the large port, and is within walking distance of the subway, light rail, train station, and several yacht marinas, ensuring convenient transportation. The project offers high-quality amenities, including proximity to a metropolitan park, stadiums, large shopping malls, hospitals, international schools, and cultural centers, making it convenient for daily life and ideal for both living and investment. The rental market for the project is active, situated in a popular area for long-term and summer tourist rentals, with broad development prospects. Once completed, the project will consist of 2 buildings with 25 apartments (including duplexes), and is expected to be completed in the fourth quarter of 2025.
As we know, immigration is a long and complex process. Once investors and their families obtain citizenship, they will be inextricably linked to the country for life. There are many aspects of a citizen's life and career where they may need assistance from the government or the issuance of valid supporting documents. These matters require the support of an agency with a strong relationship with the government. It can be said that Worldway Group is a reliable choice for investors looking to immigrate to Greece.
In July 2013, Worldway Group, in collaboration with the Greek Embassy in China, held the launch ceremony for "Greek Property Immigration" in China, introducing the Greek real estate immigration program to the Chinese market. Since then, the country of ancient Greek civilization has opened its arms to welcome new Chinese immigrants, marking the beginning of Chinese investors establishing their "second home" in Greece! Now, in 2023, Greek real estate immigration in China has reached its ten-year milestone, which is highly significant.
Over the past decade, Worldway Group has maintained excellent interaction with the Greek government, with senior executives from Worldway Group meeting with dozens of dignitaries, including the Greek Ambassador to China, Commercial Ministers, Consuls, and officials from the Immigration Bureau.
After the price increase for Greek real estate immigration, properties in non-price-hike areas may become highly sought-after. Those interested in immigrating to Greece should contact Worldway as soon as possible, as premium properties are in high demand.
For more details, please send us a private message in the comment section or call the Worldway service hotline: Mainland China: 400-138-2929, Hong Kong: (852) 2802 8798