Emigrate to Europe: which country adjusts its “golden visa” policy: what is needed to apply

Emigrate to Europe: which country adjusts its “golden visa” policy: what is needed to apply

November 27, 2024 – 12:00

In 2025, Greece modifies its “Golden Visa” program, limiting real estate investments and promoting emerging businesses.

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Greece adjusts its “Golden Visa” program starting in 2025. The European paradise restructures its immigration policy to face housing challenges and attract investments in key sectors. Starting January 1, a benefit that offers residence permits in exchange for investments. This measure, which has been popular among foreigners seeking to settle in Europe, seeks to respond to the housing crisis that affects the country, especially in its most tourist areas.

This initiative has been easy access for investors willing to contribute to the real estate sector. However, in 2025 the Greek government will restrict this option and begin prioritizing bets on companies that generate employment and promote the economic growth. This is one of the latest modifications in European migration policies, since other countries such as Portugal and Spain have also adopted similar measures in recent years.

Greece modifies its “golden visa” policy

Greece, known for its paradise islands and rich history, is changing the rules of the game for those interested in obtaining their “Golden Visa”. Although the program remains one of the main entry doors to Europe for investors, from 2025 it will no longer be possible to obtain a golden visa through real estate investments, as was the case until now.

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Greece implements new restrictions on its

Greece implements new restrictions on its “Golden Visa” program starting in 2025.

The Hellenic country joins the trend of limiting access to affordable housing for its citizens, and seeks to redirect investments towards areas that promote employment and the local economy. This includes investments in emerging companies and projects that generate jobs in a sustainable way.

In addition, investors will be able to acquire up to 33% of the shares or voting rights in Greek companies, provided that they generate at least two new jobs in their first year of operation and maintain them for five years.

This policy restructuring also seeks to ensure that foreign investments contribute more directly to the development of the region, not only in the real estate sector. With this approach, Greece aims to balance economic opportunities with the needs of its population, promoting a more inclusive and responsible growth model.

What investment options allow access to a golden visa in Greece?

Starting in November 2024, investors will be able to choose between various alternatives to obtain their golden visa in the European country, always focused on strengthening the national economy. These are some of the options available:

Source: Ambito

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