The Greece Golden Visa is a program that grants residency permits to foreign citizens who invest in the country. Launched in 2013 as part of the European Union's investment-based residency programs, it aims to contribute to the Greek economy.

The Greece Golden Visa program offers investors a five-year residence permit. During this period, they can travel visa-free to the 26 countries in the Schengen Area without any requirement to reside in Greece. At the end of five years, those who maintain their investment can renew their residence permit indefinitely. Additionally, those who have resided in Greece for a certain period can apply for Greek citizenship within seven years and, in this case, benefit from European Union advantages.

The Greek Golden Visa application process involves various legal, administrative, and tax expenses in addition to the real estate investment. These costs can be calculated based on the purchase of real estate worth €250,000 as follows: 1. Property Transfer Tax In Greece, a transfer tax of 3.09% is generally applied to real estate purchases. Calculation: 250,000 Euro × 3.09% = 7,725 Euro 2. […]

The rental yield of a property purchased in Athens may vary depending on the location, size, type, and market conditions of the property. However, in general, we can provide some average figures regarding rental yields for properties in Athens: Average Rental Yield: In less central areas, this figure may range from 500 to 800 Euros. Monthly Rental Yield: In popular areas of Athens (e.g., Plaka, Kolonaki, […]