Jump to other articles:
Golden Visa Greece Investment to Change in 2025?
Share:
The RIF Trust Response to Greek Golden Visa Developments
RIF Trust’s Greek Residency by Investment specialist is William Hakim. He is our authority on all things Golden Visa Greece investment related.
Hakim was the bearer of good news in September 2024. Back then he shared that the Greek Golden Visa remains available at €250,000.
William is responding to “rumours of Residency by Investment in Greece mirroring the evolving situation in Portugal and Spain.”
“There has been speculation that the Greek government will eliminate the real estate option and replace it with a start-up one. However, what is actually happening is that both options will be on the table for investors rather than one of the other.”
Golden Visa Greece Investment Options in 2025
In October 2024, the Hellenic Republic’s Ministry of Economy and Finance released its Draft Budgetary Plan for 2025. Let’s examine how this covers Golden Visa Greece investment opportunities. The text mentions that “the Golden Visa scheme will be reformed from 2025 onwards, in order to attract more productive investments. Specifically, Golden Visa will also be granted for investments of minimum €250,000 in startups.”
There’s reference to the Greek Ministry of Economy and Finance “further tightening the criteria for the granting of a Golden Visa.” As the programme became more exclusive, the threshold rose from €500,000 to €800,000 in Attica, Thessaloniki, Mykonos, Santorini, and islands populated by more than 3,100 residents. Other regions saw the minimum going up to €400,000 from €250,000.
The whole ethos of this Draft Budgetary Plan is to “ensure that external balances continue on a steadily improving path by promoting balanced growth and supporting productive domestic investment.”
Thessaloniki International Fair 2024
The 88th Thessaloniki International Fair took place from Saturday, 7 September 2024 until Sunday, 15 September 2024. It’s relevant because it touched on Golden Visa Greece investment choices. Here a list of new measures to smooth the progress of external balances was announced, including:
- “New round of reforms to facilitate entrepreneurship and simplify business regulation
- Golden Visa for financing start-ups
- Unified institutional framework for business transformations and innovation”
The plan goes into greater detail, outlining that the ““new round of reforms to facilitate entrepreneurship and simplify business regulation” seeks to establish a new logic of continuous improvement of the business environment in Greece, via the systematic suppression of bureaucracy between businesses and public administration throughout the life cycle of businesses.”
This elaborates about “the aim to grant a “Golden Visa” for funds to be imported for the financing of startup companies, with at least €250,000. The aim is to strengthen the country’s business development footprint in cutting-edge technologies.”
The Implications for Investing in Greek Residency
This bill is set to pass into law shortly as it’s being proposed by a government with a clear government majority. The effect on Golden Visa Greece investment options is pronounced. Currently, there’s a €250,000 threshold relating to converting and restoring properties and the new €250,000 start-up minimum mirrors this.
If you want to obtain a Greek Golden Visa through the start-up route, there are 3 conditions you must meet. They are:
- Your share of the company must not exceed 33% of the business’ capital or voting rights
- The start-up investment must create at least two new jobs within the first year
- The company you invest in must sustain any increase in workforce for at least 5 years
The Benefits of a Greek Golden Visa and How to Enjoy Them As Soon As Possible
The most immediate advantage you’ll receive from investing in a Greek residency is visa-free travel through the 29 countries that make up the Schengen Area. As a Greek resident, you and your family will be EU residents too. This will prove so useful for both business and leisure travel.
Every RIF Trust Residency and Citizenship programme has to pass the SMILE test. That’s Security, Mobility, Insurance, Lifestyle, and Education. Greece is a stable European country, so it guarantees Security.
We’ve already seen the Mobility improvements offered by the Schengen Zone visa-free travel. After 7 years of residency, passing stringent checks including language ones, you can become a Greek citizen. As a national of Greece, you qualify for a Greek passport that enables you to enter 181 destinations without a visa.
A Greek Golden Visa is an Insurance policy, a great Plan B to have in your back pocket to mitigate against geopolitical uncertainties. The Lifestyle in Greece is famously laidback and, in the case of the island of Ikaria, life-affirming as it’s one of the famous Blue Zones where people live longer. Education in Greece is something your children can benefit from.
There are still bargains to be had in the world of Greek Golden Visas. The €250,000 threshold makes this Residency by Investment programme the lowest-priced European Golden Visa.
Consult a Residency by Investment expert such as RIF Trust who can painstakingly explain the specific Golden Visa Greece investment conditions and perks. So, contact us now and we’ll show you how to secure a Greek Golden Visa to benefit both you and your family.