Piraeus Emerges as a Top Destination for Golden Visa Seekers

Piraeus, the port city of Greece, is emerging as a top destination for Golden Visa seekers. The Greek Golden Visa program is a residency-by-investment program that allows non-EU citizens to obtain a five-year residency permit in Greece by making a qualifying investment.

Foreign investors keen on acquiring residency through Greece's "Golden Visa" program consistently meet the requirement of purchasing property worth at least €250,000. This steadfast adherence to the threshold has resulted in a notable shift in demand. In recent years, there has been a pivot in demand for Golden Visas towards the Attica region, including Piraeus. This is because the minimum investment threshold remains at €250,000 in this area, while it has risen to €500,000 in some destinations.

Piraeus is particularly popular among Golden Visa seekers not only for its maintained investment threshold but also for its various investment opportunities. In the real estate sector, there is a broad spectrum of properties available for purchase, from apartments and villas to commercial premises. In the tourism sector, there are opportunities to invest in hotels, restaurants, and other tourism-related businesses. And in the business sector, potential investors can explore avenues to invest in established businesses or initiate new ventures.

Beyond its investment prospects, Piraeus also boasts a high quality of life. The city is blessed with a Mediterranean climate characterized by warm summers and mild winters. The locale offers beautiful beaches and a rich cultural heritage. Moreover, Piraeus stands as a well-connected hub to the rest of Greece and Europe via air, sea, and road.

Gastronomic and Retail Delights of Piraeus:

In addition to its rich history and cultural attractions, Piraeus is also a hub for culinary enthusiasts and shoppers. The city boasts a variety of top-notch cafes where visitors can enjoy a leisurely coffee by the sea, paired with delicious Greek pastries.

When it comes to dining, Piraeus doesn't disappoint. From traditional Greek taverns serving fresh seafood, to upscale restaurants offering international cuisines, there's something to tantalize every palate. Particularly, Mikrolimano and Pasalimani are two prominent areas in Piraeus renowned for their waterfront restaurants, serving fresh catches of the day.

For those who love shopping, Piraeus has a range of options to choose from. The city has modern shopping centers with international brands as well as traditional markets and boutique stores offering local goods and crafts. Whether you're in the mood for some retail therapy or simply wish to stroll around and window-shop, Piraeus has it all.

If you're considering obtaining a Golden Visa for Greece, Piraeus is an option worth exploring. With its favorable investment threshold, diverse investment opportunities, and a high standard of living, the city holds allure for many.

Additional reasons highlighting why Piraeus stands out for Golden Visa seekers include:

• Piraeus's status as a significant economic hub, having a bustling port and numerous international companies established in the city, making it an ideal place for business investments.

• A plethora of cultural attractions, from the Archaeological Museum of Piraeus to the Municipal Theatre and the Peace and Friendship Stadium, catering to those who relish a culturally rich lifestyle.

• The city's connectivity ensures easy accessibility to Athens and the wider regions of Greece, making it convenient for those who travel frequently.

If you're intrigued by the prospects of the Greece Golden Visa Program and wish to explore opportunities in Piraeus, don't navigate this journey alone. At iLand, we're here to guide you every step of the way, ensuring a seamless and informed process. Contact us today and let us make your Golden Visa dreams a reality.