How can investors renew their residency permits in Greece if they sell property used for golden visa?

Answers

Mary Tsiganou

Synergia Technical and Consulting SA

On Mary Tsiganou answered:

If you are going to invest in another property or in intangible assets, eligible as per the law’s requirements for the golden visa, there is a legal process to be followed in order not to jeopardize your residence permit.

On Dimitris Foutsis answered:

If you keep the property for 5 years, the residence permit will be renewed for another 5 years. If you sell the property within this period, you may have to reinvest in another property with a minimum worth of 250,000 euros. if not, your residency, will be revoked.