How can foreigners take out a mortgage on a property in Greece as part of their residency by investment process?

Answers

Mary Tsiganou

Synergia Technical and Consulting SA

On Mary Tsiganou answered:

According to the relevant provisions οf immigration law, the investor must have full ownership and possession of the property at the time of submitting the permanent residence application, and the existence of a mortgage constitutes an obstacle to this condition. Perhaps a loan could be taken from your bank, provided that no encumbrances etc., are on the property to be acquired for Golden Visa purposes.

On Dimitris Foutsis answered:

No mortgage or any other burdens are allowed on the property in order to be eligible for golden visa.