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GREEK GOLDEN VISA PROPOSED INCREASE IN PROPERTY TRANSFER TAX
The Greek government has announced plans to increase the property transfer tax for non-EU buyers from 3% to 15%. Based on current information, this change is expected to take effect on or before 1 January 2027, pending formal legislative approval.
While the final legislation has not yet been published and details remain subject to change, we advise prospective investors to plan. Real estate acquisitions completed toward the end of December 2026 could be impacted by the new tax regime unless transitional provisions or exemptions are introduced. We are closely monitoring these developments and will share updates as soon as they become available.
What this means for a €250,000 Investment:
- Current transfer tax (3%): €7,500
- Proposed transfer tax (15%): €37,500
- Potential savings by investing now: €30,000
Why choose the Greece Golden Visa Program: Widely regarded as one of Europe’s most affordable residency-by-investment programs for families, the Greek Residence Permit grants visa-free travel across Europe’s Schengen Area.
- Accessible Investment: Minimum residential property purchase starting at €250,000.
- Attractive Returns: Options available with a 3% guaranteed fixed return on investment.
- Family Inclusion: Covers dependent children under 21 and parents of both spouses with no age limit.
For more information on the Greek Golden Visa, follow the link: https://www.bilimoriaassociate.com/immigration-news-detail.php?rId=253
How Bilimoria & Associate can help: Established in 1995, Bilimoria & Associate brings three decades of specialised experience in skilled migration and investment visa programs, backed by a 100% track record.
- End-to-End Guidance: We assist with every step of your Greek PR application, from project selection to document certification (Notary, Magistrate, and MEA Apostille in New Delhi).
- On-Ground Support in Greece: With strategic representation in Athens, we support individuals, investors, and business groups upon arrival in Greece to ensure seamless processing.
Start your EU Residency journey today: For applicants looking for an investment route to residency for the Greek Golden Visa, Bilimoria & Associate offers personalised guidance and continuous support through every step of the process.
Under the current tax framework, contact us for a consultation or in-person appointment, please contact us at neville@bilimoriaassociate.com or call our office at +91 44 2823 9229 / 4350 8191 for a consultation or an appointment.