How can I purchase a combination of residential and commercial properties for my Greek Golden Visa application?

Does the type of properties matter when it comes to applying for a Golden Visa?

Answers

On May 02, 2020 Mary Tsiganou answered:

According to the provisions in force of the Greek Immigration Law 4251/2014, you can obtain more than one piece of property, the individual value of which is less than €250.000, if the combined value is equal or greater than 250,000 euros. Furthermore, you can buy commercial property or a combination of commercial and residential properties or even a piece of land. The law states that 250,000 euros must be the stated price on the contract. It does not distinguish between commercial and residential properties. You are entitled to residency rights irrespective of whether you own one or more properties or if these are commercial or residential, provided that their combined value is equal to or greater than 250,000 euros.

On May 04, 2020 Vasiliki Papaloi answered:

No, it doesn't play any role if it will be residential or commercial. So you can buy whichever property you want under the price of 250,000 euros.

On May 02, 2020 Dimitris Foutsis answered:

The type of the property has no influence on the golden visa procedure. You may buy either residential or commercial property and have the same results.

On May 01, 2020 Stilianos Proestakis answered:

There is no option of combination residential and commercial properties for Greek Golden Visa applications.

On May 01, 2020 Vicky Veli answered:

A third-country national has the right to buy both commercial and residential properties and apply for the golden visa of Greece. The total minimum value of these properties shall be at least 250,000 Euros, according to the provisions of L. 4251/2014.

On May 26, 2020 Alexander Varnavas answered:

The Golden Visa law provides that you can make any combination of properties you wish in order to apply for the residence permit as long as their value adds up to the minimum requirement of 250,000 euros. So you can buy both residential and commercial properties to realize your investment plan.

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