In a nutshell
- Greek Prime Minister Kyriakos Mitsotakis has announced a new €250K investment option under the Golden Visa program, which will now include startup investments.
- This initiative is part of a broader economic strategy introduced at the 88th Thessaloniki International Fair.
Launched in 2014, the Greek Golden Visa program, formally known as the Greek Residency by Investment Programme, enables non-EU citizens and their families to obtain Greek residency permits through qualifying investments in Greece. The program is designed to attract foreign investment and boost economic growth.
Startups as a new investment option in Greek’s Golden Visa program
Greek Prime Minister Kyriakos Mitsotakis has introduced a new €250,000 investment option for the Golden Visa program, which will now cover startup investments. This option aligns with the mission to increase the capital infusion into the Greek tech sector.
Alternative investment options include bank deposits, business investments, or government bonds.
During the opening of the 88th International Thessaloniki Fair, Prime Minister Kyriakos Mitsotakis unveiled a couple of other initiatives aimed at boosting the economy and assisting low-income Greeks. These include increasing pensions and salaries for civil servants, as well as reduction in social security contributions.
Mitsotakis also outlined plans to raise port fees for cruise ships during the summer. The additional revenue will be directed toward enhancing infrastructure in tourist areas. At the same time, labor unions in Thessaloniki have organized protests, criticizing the government’s approach to rising living costs and insufficient wages.
