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Posted by admin on March 15, 2023
Greece Golden Visa
Living by the sea and travelling across Europe visa-free
€250,000+
Investment amount
6 months
Obtaining period
5 years
Return of investment
The Greece Golden Visa program was launched in 2014. Applicants can get 5- year residence permits by investment with a minimum amount of at least €250,000. The most popular investment option is purchasing residential or commercial real estate.
Investors may include family members in their applications: spouses or
partners, children under 21, and parents of any age. Greece residence permit holders are allowed to live in the country and travel the rest of the Schengen Area for 90 days in 180.
Greece requires the least amount of investments in real estate among EU countries granting residence permits by investment. Moreover, the property can be rented out. The investor can get permanent residence and sell the property in five years.
Individual meeting
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Help with the choice
Second citizenship helps register a business abroad, open a corporate bank account, avoid currency control restrictions and expedite money transfers. Some jurisdictions also do not reveal beneficiaries’ personal data, protecting the investor’s privacy.
FAQS
Frequently Asked Questions About Greece Golden Visa:
An adult investor with legal income and no criminal record. Only non-EU citizens can participate in the program.
A spouse, children under 21 and parents can get residence permits with the investor. The investor’s partner can participate in the program if the couple has signed a domestic partnership agreement and registered it in Greece.
The minimum investment sum is €250,000. The applicant can buy residential or commercial real estate, a land plot, rent a hotel or conclude a timeshare agreement.
Investors can choose to invest €400,000 in economic activities, for example, purchasing stocks or bonds. But it is more challenging to get a residence permit this way because the applicant has to obtain a national D visa to come to Greece. Real estate investors get tourist visas to enter the country.
The minimum investment sum is €250,000. The applicant can buy residential or commercial real estate, a land plot, rent a hotel or conclude a timeshare agreement.
Investors can choose to invest €400,000 in economic activities, for example, purchasing stocks or bonds. But it is more challenging to get a residence permit this way because the applicant has to obtain a national D visa to come to Greece. Real estate investors get tourist visas to enter the country.
Yes, it is possible. The investor can return the money in 5—7 years under all investment options. However, the expenses of renting real estate are non-refundable.
The program rules allow the investor to rent out real estate and earn income during property ownership.
The investor visits the country to open a bank account and submit fingerprints to get a Greece residence permit. As for the rest of the procedure, an investor’s lawyer can fulfil it by a power of attorney. The lawyer signs a purchase and sale agreement, submits documents for participation in the program and receives residence permit cards.
Investors need to live in the country for seven years to become Greek citizens. After five years, they can obtain permanent residence and apply for citizenship two more years later.
All applicants for citizenship take a written exam to confirm their knowledge of the Greek language, culture, history, geography and governmental system. They must also have no criminal records and deportations from Greece.