In this video, we will share with you some recent news that appeared on IMI Daily where it quotes Greek stakeholders and what the changes are likely to look like…
IMI Daily quotes a Greek stakeholder that reveals some very interesting details.
That the increase in the minimum real estate investment from €250,000 to €500,000 will apply to Athens including a few upmarket suburbs and Thessaloniki, if this is the case then Greece is following the Portuguese model that as we know has proven to be extremely successful and is a win-win in that the Golden Visa applicant still has the possibility to opt for the €250,000 investment, this would mean the more rural and smaller islands of Greece will see an influx of investment, as we saw in Portugal and Greek nationals will enjoy affordable housing in the larger cities.
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