For more than a year, Greek authorities have heralded plans to add further investment options to their Golden Visa. On Wednesday, Greece’s Minister of the Economy – Stergios Pitsiorlas – divulged further details.
A new bill, already drafted, would add the following investment choices, beyond the €250,000 real estate investment, currently the program’s only option:
- A €400,000 investment in debt or equity with real estate investment companies.
- A €400,000 term deposit in a Greek bank.
- A €800,000 investment in Greek government bonds.
Explaining the Ministry’s plans over the next two months, Pitsiorlas said the new golden visa rules would be a priority, reports AMNA.
Already Europe’s most popular such program by a wide margin, the Greek golden visa’s additional options will serve to further solidify its competitive edge. In the absence of a force majeur-type contingency, the Hellenic Republic’s golden visa will become the most popular in the world by year’s end.