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

Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column…
22 Jul 5AM 19 min

Unlocking High-Yield Private Debt: The Jaltech Income Opportunities Fund

Join the leadership team at Jaltech for an exclusive overview of the new Jaltech Income Opportunities Fund - a spin-off from their highly successful Section 12J investment strategy. Designed to target structured debt funding for established, mid-sized South African businesses, this fund addresses an unserved niche left open by traditional…
24 Jul 5AM 29 min

BN Daybreak: Zille on Joburg's last chance; AI stock warnings; Cape gangs; Civic tech

In today's BizNews Daybreak, Helen Zille warns Johannesburg faces its final chance to reverse municipal collapse. Heindrich Wyngaard explains why military presence alone cannot dismantle the Cape Flats' deep-rooted gang economy. Lance Dickson introduces "Ryze," a platform channeling public rage into organized civic action. Finally, Sean Peche cautions investors against…
23 Jul 11PM 15 min