Recently, news regarding yet another increase in the Greece Golden Visa investment threshold has been circulating, sparking widespread attention and discussion. It has been claimed that the price increase bill has already been passed; however, after verifying this with senior Greek immigration lawyers, WorldWay Group has found this information to be false. At present, the vote has not been passed, and the specific details of the price increase have not yet been finalized. WorldWay Group will continue to monitor the situation closely and share any updates with you as soon as they become available.
Regarding the "Golden Visa" program, the Prime Minister of Greece has stated that the investment threshold for central areas of major cities and islands will be increased to 800,000 euros. Logically, the investment threshold for other regions of Greece will also be increased to 400,000 euros. However, he also pointed out that for areas without housing pressure, the 250,000 euro threshold may be retained. Local Greek newspapers have also reported on the potentially affected regions and amounts, while anticipating a grace period of several months once the new policy is implemented.
Although the specific details have not yet been finalized, changes to the policy are imminent! It is not alarmist to say that you should proceed with your immigration plans as early as possible. Individuals interested in immigrating to Greece need to act quickly to catch the last train for lower investment prices. As one of the few programs currently in the immigration market that offers a fast track to an EU green card, the Greek real estate investment program is a highly cost-effective option among European countries. The application requirements are lenient—no education, language, management experience, or residency requirements are mandated. Furthermore, the entire family can apply for permanent residency in Greece for three generations. This status allows the whole family to travel freely through 29 Schengen countries, enjoy Greek social benefits such as education and healthcare, and apply for an EU passport once conditions are met. Additionally, you acquire property with permanent residency rights—the advantages are numerous!
The two keys to immigration are timing and selection! For investors, now is an excellent time, and perhaps the final opportunity, to immigrate to Greece. Investors who choose to purchase property starting at 250,000 euros in non-price-increase areas can still apply for permanent residency for three generations of their family.
Currently, real estate in non-price-increase areas such as Piraeus is a favorable choice. Moreover, property prices in this region remain relatively stable. According to the latest Greek real estate data, property sales prices in Piraeus saw a quarter-on-quarter increase in the second quarter, on par with core areas. Among these, the port of Piraeus (the harbor in Piraeus city), which is adjacent to the areas subject to policy changes, is expected to become a popular choice for investors!
The port of Piraeus is the largest port in Greece and one of the 50 largest container ports in the world, as well as the largest container port in the eastern Mediterranean region. The entire port area is equipped with comprehensive infrastructure, including large supermarkets, subway access, outlets, Chinese restaurants, retail shops, logistics, yacht marinas, theaters, stadiums, and other complete living facilities. With its beautiful scenery and prosperous economy, the Piraeus region has seen rapid development, and surrounding property prices have at times been among the fastest-growing in Greece. It holds infinite potential for future appreciation, making it an excellent choice for both investment and personal use! The minimum investment threshold in the Piraeus area is only 250,000 euros, allowing three generations of a family to obtain high-value status!
As you 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. Many matters concerning the lives and careers of citizens may require government assistance or the issuance of valid certification documents, and these tasks require the support of an agency with strong government relations. It is safe to say that WorldWay Group is a reliable choice for investors looking to immigrate to Greece.
In July 2013, WorldWay Group partnered with the Greek Embassy in China to host the launch ceremony for the "Greek Real Estate Immigration" program, officially introducing it to the Chinese market. Since then, the land of ancient Greek civilization has opened its arms to new Chinese immigrants, marking the official start for Chinese investors to establish a "second home" in Greece! Today, in 2024, we celebrate the significant 11-year milestone of the Greek real estate immigration program in China—a truly momentous occasion.
Over the past eleven years, WorldWay Group has maintained excellent interaction with the Greek government, with senior executives of WorldWay Group meeting with dozens of dignitaries, including the Greek Ambassador to China, Commercial Ministers, Consuls, and immigration officials.
For more details, please private message us in the comments section, or call the WorldWay Group service hotline: Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798
