Seize the Opportunity: Your Guide to Greece Residency by Investment Program

Background & General Outline

The Greek Golden Visa Program, initiated in 2013, presents an exclusive chance for non-EU citizens and their families to acquire a five-year residency by investing in real estate. Through this program, investors can gain a renewable Greece Residence Permit, enabling them to enjoy extended stays in the country.

Situated at the junction of Europe, Asia, and Africa, Greece is regarded as the cradle of democracy and the birthplace of western civilization. The country’s history dates back to 800 BC and has significantly influenced the language, arts, philosophy, politics, and physical pursuits of the modern world. Remnants of Greece’s illustrious past can still be seen in its capital city Athens, which still retains the city’s ancient landmarks.

Consisting of a mainland on the Balkan peninsula and thousands of islands spread throughout the Aegean and Ionian seas, Greece has become a major European business centre and is regarded as one of the world’s top holiday destinations.

Greece’s warm Mediterranean climate, world-renowned gastronomy, and cosmopolitan cities, coupled with the country’s exquisite beaches and authentic local traditions and hospitality, have led many upwardly mobile individuals to make this country their second home.

As a member state of the European Union, Greece offers its residents and citizens a number of reassuring benefits including high levels of safety and security, excellent education opportunities, robust healthcare options, and a dependable rule of law.

After residing in Greece for seven years, the applicant may apply for citizenship according to the Greek Nationality Code via the process of naturalization. This process can only be achieved if the applicant can demonstrate that they have established close ties with the country and that they have successfully integrated into Greek society, both financially and socially. The naturalization process also entails an exam to verify that the applicant has obtained an adequate knowledge of the Greek language.

Key Facts of Greece Residency by Investment Program

1. The Greek Golden Visa was launched in 2013 and enables foreign investors from outside the European Union to obtain a residence permit in Greece if they invest a minimum of EUR 250,000 in Greek real estate.
2. The Greek golden visa is changing, and the minimum amount is doubled to EUR 500,000 for specific areas of the Greek territory. The areas with the increased amount are Central Athens, Northern Athens, Southern Athens, Thessaloniki, Mykonos, and Santorini.
3. Permanent residency card between one month to six months depending upon the Greek territory.
4. Permanent residency for whole family includes spouse, children (under 21 years, but can be extended to 24 years), parents of the applicant and of the spouse.
5. Lifetime permanent residency for entire family. Have to maintain investment value to retain permanent residency.
6. Applicant along with all dependents have to visit and stay in Greece at least 183 days every year to qualify for Greece citizenship.
7. You have the right to apply for citizenship after certain years.
8. No minimum stay required to maintain permanent residency status.
9. Visa free travel across Europe and Schengen countries.
10. Earn up to 5% annually as rental on your properties.
11. Your invested amount will get back to you approximately in 5 to 8 years if you calculate rental returns and capital appreciation.
12. Free education & healthcare facility from national government fund for entire family.

 

For more information regarding Greece residency by investment program, you can contact us or to start your application process click on “Start Application Process” button below!

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