Greek golden visa opportunities remain despite tightening on popular islands: Sable's Richard Haller

Loading player...
Across Europe, many governments are tightening their Golden Visa programs, which have long been a favourite for many seeking relocation or secondary residency. Despite these restrictions, Greece offers permanent residency opportunities through its Golden Visa program in exchange for property investments. However, Richard Haller from immigration specialist Sable International explained to BizNews in an interview that recent changes mean investors can no longer purchase property anywhere. The Tier 1 investment category, which includes real estate in areas like Attica, Thessaloniki, Mykonos, Santorini, and islands with populations over 3,100, now requires a minimum investment of €800,000. Meanwhile, the Tier 2 category has been set at €400,000 in other locations. Haller said there is also a €250,000 investment option, which mandates buying within new developments that involve a change of use on the mainland. He said Athens is an exciting and dynamic place to watch in the coming years and has strong potential for capital growth, similar to what Lisbon experienced.
28 Nov 2024 4AM English South Africa Investing · Business News

Other recent episodes

Ebola outbreak in DRC grabs global attention - perfect storm of war, fear, and disease

John McDermott explores the unfolding Ebola outbreak in eastern Democratic Republic of Congo, unpacking how transmission occurs, why the crisis is spreading, and what makes this strain particularly dangerous. He examines strained health systems, limited aid funding, and the challenge of vaccine development. The discussion situates the outbreak within broader…
4 Jun 7AM 26 min

Athol Trollip: Government’s FMD response is a “national disaster”

Athol Trollip delivers a blistering critique of South Africa’s handling of the foot-and-mouth disease crisis, arguing that government bureaucracy and a state-controlled vaccination strategy are failing farmers and allowing the outbreak to spread. Drawing on decades of farming experience, the ActionSA parliamentary leader says commercial farmers should be empowered to…
4 Jun 4AM 32 min