Greece’s Coveted Golden Visa, Doubled To €500,000, Finally Takes Effect

Starting this month, the cost of a Greek golden visa has doubled from €250,000 (among the lowest in Europe) to €500,000 in the most popular areas of the country.

After the official announcement of the increase last year, and a postponement of the application date planned for May but pushed back to this month, the Greek government started the modified visa-by-investment program granting five-year residency rights to foreigners putting a minimum €500,000 into capital transfer, business or property acquisition.

Buy while you can

The announcement last year of the planned Greek increase, in addition to Portugal’s recent decision to place limits on its highly popular golden

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