Greece Residency By Investment
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Years of Experience
Greece
Why Choose Greece
Diverse investment opportunities available in Greece, including real estate, tourism, hospitality, and renewable energy. Learn about government incentives, market trends, and potential returns on investment, making Greece an attractive destination for investors worldwide.
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Mediterranean Lifestyle
Residency By Investment Overview
The Greece Golden Visa Program is renowned for its affordability among residence by investment programs, offering access to Europe. Within a timeframe of three to four months from the application submission, successful applicants and their families gain the advantage of visa-free access to the Schengen Area in Europe.
Investment
Minimum EUR 250,000
Processing time
6–8 months
Key benefit
Freedom of travel to Greece and Europe’s Schengen Area
Important Update
The Greece Golden Visa Program stands out as an accessible residence by investment initiative, granting access to Europe. Successful applicants and their families can enjoy visa-free entry to Europe's Schengen Area within a relatively short period of three to four months from the time of application
Key Advantages Of The Greece Golden Visa Program
- Visa-free travel within Europe’s Schengen Area.
- No requirement to reside in Greece, offering flexibility to investors.
- Residence permits can be acquired within a relatively short timeframe of 90–120 days.
- Residence permits have an unlimited expiry date, providing long-term security.
- Investors have the opportunity to rent out the investment property, potentially generating additional income.
- The program extends residence benefits to the entire family, including the main applicant’s spouse, children under 21 years old, and parents of both the main applicant and spouse.
Requirements Of The Greece Golden Visa Program
The Greece Golden Visa Program, initiated in 2013, offers non-EU nationals and their families the opportunity to obtain permanent residence permits in Greece, which can be renewed every five years. The program provides several qualifying investment options:
Real Estate Options
- Investment in real estate valued at a minimum of EUR 250,000, plus applicable taxes, or EUR 500,000 in specific locations such as Mykonos, Santorini, Thessaloniki, and certain areas in Athens.
- 10-year lease agreements for hotel accommodation or furnished tourist residences in designated tourist complexes.
- 10-year time-sharing agreements for hotel accommodation.
Other Investment Options
- Capital Transfer:
- A term deposit of at least EUR 400,000 in Greek credit institution for a minimum one year.
- Capital Contribution:
- A minimum capital contribution of EUR 400,000 to a Greek company, excluding portfolio investment and real estate investment companies, for acquiring shares or bonds traded on regulated markets.
- Purchase of Shares, Bonds, and Government Bonds:
- Acquisition of Greek government bonds worth at least EUR 400,000 with a residual maturity of three years.
- Purchase of shares or corporate bonds with a minimum value of EUR 800,000, traded on regulated markets.
- Investment in mutual funds or alternative investment funds with specific investment objectives related to Greek assets.
Procedures And Time Frame Of The Greece Residency By Investment Program
The Greece Golden Visa Program follows a structured process for individuals seeking permanent residency. First, applicants choose from investment options like real estate, capital transfer, or share purchase. They gather necessary documents, including investment certificates and identification. Then, they submit the application to Greek authorities, starting the residence permit process.
This involves background checks and a review of compliance. The application is usually processed in 90 to 120 days. Once approved, applicants receive residence permits, allowing legal residency in Greece. These permits are renewable every five years, leading to permanent residency through the Golden Visa Program.
