Tax Guide for overseas property owners in Greece

MAIN POINTS OF NEW CHANGES: The Greek Parliament voted on the long-awaited amendments to the Greek Golden Visa program, which are detailed below. TWO ZONES 800/400k: For the Region of Attica, the Regional Units of Thessaloniki, Mykonos, and Santorini, and the islands with a population of more than 3,100 inhabitants, the minimum value of real […]

The Greek Golden Visa program is undergoing significant changes in relation to the financial investment thresholds set out in Law 5038/2024.  Effective March 31st, 2024, the following changes will take place: a) Capital contribution, in the amount of five hundred thousand (500,000) euros at least to a company which has its registered office or establishment in […]

Golden Visa News On December 11th, 2023, a legislative proposal was submitted to the Greek Parliament. The proposal suggests extending the deadline for non-EU nationals who are applying for the Golden Visa program and have not yet completed their investments in the affected areas. The extension will apply to those who meet the previous threshold […]

How civil partnerships benefit same-sex Golden Visa investors. Explore legal options, rights, and opportunities for LGBT individuals in investor visa programs In 2015, the Greek government introduced civil partnerships for same-sex couples, which was a significant stride towards advancing LGBT rights in the country. These partnerships, which are also referred to as “cohabitation agreements” or […]

Exploring the Landscape of Education and International Schools in Greece One significant advantage of acquiring Greek residency (Golden Visa via Investment) is the opportunity to enrol your children in Greek education, whether it’s within the public or private sector. Preschool In Greece, the state’s interest in Kindergartens emerged in 1895 with age-related enrollment regulations. Aikaterini […]

On the 29th of March, the Hellenic Republic Parliament voted for extending the transitional/grace period in which a Golden Visa investor could invest in Athens at a minimum of 250k EUR. Now effective, a Golden Visa Investor has time until July 31st of 2023 to find a property and proceed with an investment at a […]

Article translated into English: Original Greek Article here The managing partner of Varnavas Law Firm, attorney Alexander Varnavas, refers to the “exceptionally good” course of the Golden Visa program. Varnavas specializes in investment immigration. Alexander Varnavas stresses that the doubling of the minimum investment threshold (from 250k EUR minimum to 500k EUR) should not apply […]

In September of this year, the Prime Minister of Greece, Kyriakos Mitsotakis announced an increase in the minimum of the Greek Golden Visa scheme via real estate investment; back in 2013, the minimum was set at the launch of the program at 250k EUR. In which cases will the investors need 500k EUR? Based on unofficial […]

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The Greek Prime Minister Kyriakos Mitsotakis announced at the 86th Thessaloniki International Exhibition, on Saturday the 10th of September, a price increase for the Greek Golden Visa program.

The World Economic Forum defines globalization as “the process by which people and goods move easily across borders.” To that regard, people travel across borders offering their labour, their investments and their ideas in markets that can provide opportunities unavailable in their home countries.

In the frame of the recent hosting of Varnavas Law Firm 1978 in the renowned online directory of The LEGAL 500, the firm’s Partner, Alexander Varnavas, gave an in-depth interview, analyzing the main elements that make VLF stand out, especially in the field of Investment Immigration and Real Estate Law.

The Digital Nomad Community has been expanding worldwide, governments have established programs to host more residents. The most well-known types of digital nomads include retired and financially independent people. Greece is introducing its own program through the recently passed Law 4825/2021

The Greek economy is thought to have declined by 9% in 2020, primarily due to the global and significant impact of the COVID-19 pandemic; in 2020, the Greek economy was struck by closed borders and a pandemic, and the main decrease in income came from limited or restricted tourism, a major sector for the country.

Every Investor in the Greek real estate market who has concluded a real estate purchase must proceed with a property registration process according to Greek law. At this stage, as a property owner, an investor will be asked to pay a certain amount, as follows:

Biosecurity measures and travel restrictions are in place to help prevent the spread of COVID-19, affecting the operation of public and private organisations in the European Union and around the world.

Post-Brexit and Golden Visa. Brexit has brought about significant changes to the lives of UK citizens. Possibly the most notable change is that they no longer can enjoy the freedom of movement, which applies to EU citizens, meaning, British citizens cannot live nor work in an EU Member State. The good news is that in […]