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GOLDEN VISA – PURCHASE OF VACANT LAND OR AGRICULTURAL LAND

Pursuant to the provisions of Article 100, paragraph 2, cases a and b of Law 5038/2023, it is possible to obtain a permanent investor residence permit (Golden Visa) by purchasing a vacant land or an agricultural land. In this case, the investment is considered valid provided that the purchase value of the vacant or agricultural land amounts to at least €400,000 or €800,000, depending on the area where the property is located.

 

GOLDEN VISA – PURCHASE OF VACANT LAND AND CONSTRUCTION OF A RESIDENTIAL PROPERTY

Pursuant to the provisions of Article 100, paragraph 2, cases a and b of Law 5038/2023, it is possible to obtain a permanent investor residence permit (Golden Visa) by purchasing a vacant land and constructing a residential property. In this case, the investment is considered valid provided that a building permit has been issued and either the total value of the land purchase and construction or only the value of the construction amounts to at least €400,000 or €800,000, depending on the area where the property is located.

GOLDEN VISA – REAL ESTATE INVESTMENT IN THE CONTEXT OF CHANGE OF USE FROM COMMERCIAL TO RESIDENTIAL

Following the legislative changes introduced by Article 64 par. 1 of Law 5100/2024, the provision of Article 100 par. 2 case c of Law 5038/2023 provides for the possibility of obtaining a permanent investor residence permit (Golden Visa) with a minimum investment amount of €250,000 in real estate, provided that a lawful change of use of the property to residential has been carried out.

This category includes properties such as:

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