The transitional period for the end of the deadline in which third-country nationals can either pay the price, or pay a 10% advance, or sign a pre-agreement with payment, in order to be able to apply for a residence permit through Golden is reduced by one month Visa, according to Haris Theoharis.
As the Deputy Minister of Finance Mr. Theocharis stated in the Parliament, the final date of the transition period for the Golden Visa is August 30, compared to September 30, which was the original deadline.
It is recalled that in order for the new system for obtaining a Golden Visa to be implemented smoothly and not to disrupt the operation of the market, a transitional period is foreseen with the following conditions:
Third-country nationals who will pay the price or pay a 10% advance, or sign a pre-contract or private purchase agreement, proving the relevant credits until August 30, 2024 can complete their investment until December 31, 2024 with the conditions that applied until now.
In these cases, if the purchase of the property is not completed, the buyer can complete his investment in another property always under the conditions that applied until now, but in any case not following April 30, 2025.
Also, PASOK’s observations were accepted that subletting is not allowed, which is not allowed anyway, according to Mr. Theoharis, the specific reference was added to the regulation so that there is no doubt.
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