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

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min

Boardroom Talk: What to make of yesterday's massive market surge

In this Members Only episode of Boardroom Talk, Alec Hogg unpacks one of the most dramatic 24-hour market reversals in years. After weeks of geopolitical tension driven by the Iran conflict and soaring oil prices, a surprise ceasefire triggered a powerful global rebound — with the JSE leading emerging markets…
9 Apr 11AM 15 min

BNC#8: Anthony Ginsberg Q&A - Inside the $1 trillion deal, US tensions and urgent call to act

Sitting down with Alec Hogg, Anthony Ginsberg discusses South Africa’s economic future, global positioning, and urgent need for pragmatic leadership. From strained US relations and missed trade opportunities to AI disruption and investment potential, the discussion highlights both risk and opportunity. With billions in foreign capital waiting, the message is…
9 Apr 8AM 40 min