Can Greece immigrate when buying a house?

Hello, Greek immigrants who buy houses get renewable permanent residence visas. The renewal condition is that the applicant owns a Greek property with a value of not less than 250,000 euros. Since investors can buy and sell real estate, they only need to hold 250,000 euros of Greek real estate without interruption.

The latest Greek bill clearly defines the name of permanent residence as "investor's permanent residence". As long as the applicant holds the purchased property, investors and their spouses, as well as children under 2 1 year old, will directly obtain the "permanent residency" and have the right to live legally in Greece. As long as the property held by investors is not for sale, the residence permit is a permanent residence permit.

Although investors who have obtained permanent residency in Greece by buying a house can sell the property to a third party, the original property owner has also lost his permanent residency in Greece.

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