Greece's main opposition party has proposed abolishing the real estate strand of the country's Golden Visa programme, according to a report by IMI Daily.

The proposal signals a potential political turning point for one of Europe's most popular investment migration schemes. It also raises questions about the future of residence-by-property-investment in Greece more broadly.

What is on the table?

The opposition party wants to end the real estate option within Greece's Golden Visa programme. Under the current scheme, non-EU nationals obtain Greek residence permits in exchange for qualifying investments, with real estate purchases forming the core route.

No implementation date, replacement policy, or transition period appears in the proposal as reported. A proposal from an opposition party is not law; it would require a parliamentary majority to take effect.

Who would be affected?

The change, if enacted, would affect non-EU investors who use property purchases to secure Greek residency. Applicants already holding permits, and those mid-application, would face an uncertain transition unless the final legislation includes grandfathering clauses.

For now, the programme continues to operate under existing rules. Prospective applicants should monitor official announcements from the Greek Ministry of Migration and Asylum, which administers the scheme.

Why does this matter now?

Greece has already tightened its Golden Visa thresholds in recent years, and the opposition proposal reflects growing political pressure on investment migration across the EU. Similar schemes in other member states have faced calls for restriction or closure.

The takeaway: the proposal is a political signal, not a rule change — but it marks a real risk to the future of Greece's property-based residence route.