GreeceGOLDEN VISA PROGRAM
- MINIMUM INVESTMENT
- TIME TO RESIDENCY
- INITIAL RESIDENCY STATUS
- MINIMUM RESIDENCE REQUIREMENT
REAL ESTATE OPTION
- Purchase of a property with a minimum investment value of €250,000
- 10 years of lease agreement signed for hotel accommodations or furnished tourist residences in integrated tourist resorts
- €800,000 investment for Greek government bonds, kept for five years
- €400,000 investment for bonds or shares of real estate investment companies, kept for at least three years
- €400,000 investment in bank deposits
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Greece Golden Visa Process through Real Estate Acquisition
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WHY GREECEGreek citizens get visa-free access to 164 countries.
19.7% of GDP
Total contribution of travel & tourism
3rd Largest Coastline
63.7 Million Travellers
Landed on Greece in 2018 (historic high)
131,957 sq. km
Greece Golden Visa Program is a favorable residency by investment program. The program grants permanent residence permit to individuals who invest in a real estate worth at least € 250.000. The required investment is the lowest investment amount in for European residency. What are the benefits of Greece Golden Visa Program? Investors may include their family members into the program. According family reunification in Greece, the spouse, dependent children under the age of 21, applicant’s parents and parents- in law can obtain Greek residence permit through Golden Visa Program. As a member of European Union, Greece offers visa-free travel to 164 countries including the Schengen countries. The permanent residence permit is received within 2 to 3 months. The initial residency status is set at 5 years and the residence permit can be renewed for infinite times. Although the real estate investment for €250.000 is the most preferred option, there are many other investment options within the program. Investors may choose the sign a 10 years of lease agreement for hotel accommodation or make a €800.000 investment for Greek government bonds and maintain it for five years. Other investment options are making a €400.000 investment for Greek bonds or shares of real estate investment companies and maintain the investment for minimum 3 years. If the applicants chooses to make a real estate investment in Greece, our experienced team will guide you throughout the process. In order to select the best property that satisfies your preferences, our local team will provide the personalized solutions. After the properties are short listed, it is recommended to visit the properties and neighborhoods in Greece. The selected property is reserved when the reservation fee is transferred and reservation agreement signed. The investor has to open a bank account in Greece and obtain a Greece non-resident tax number. Also, the investor may choose to work with a Power of Attorney to carry out the legal steps. When the legal Due Diligence of the property is completed, the investor can purchase the property. Acquisition of Greek real estate takes place after completing the promissory sale and signing the purchase agreement. The Golden Visa application starts with gathering all the required documents. The applicants need to visit Greece to make a biometric appointment and submit the date the authorities. Greece Golden Visa is generally approved in 2 to 3 months. After the Golden Visa approval, investors receive their Greek resident cards. The Golden Visa residence cards can be renewed every five years. How to get Greek citizenship through Greece Golden Visa Program? The holders of Greece Golden Visa can apply for Greek citizenship after seven consecutive years of legal residence. Greek citizenship requires language and culture test and it is expected to become a tax resident in Greece. Greece Golden Visa Program is a very advantageous program and offers the most affordable route to European residency.Greek Golden Visa Application Order
Greek Golden visa has a rather easy to follow list of instructions. This is why it is one of the more popular Golden Visas to begin with. First of all, the applicant must apply to an entry visa to Greece, a normal procedure. This should be done to the Greek consulate in one’s home country.
Then the necessary documents related to the specific Golden Visa requirements must be collected and presented to the authorities. These documents then should be submitted to the branch of Alien and Immigration Department at the Decentralised Authority that is found near the property the applicant bought in Greece.
All of these necessary documents must be presented to the officials before the actual date of the entry visa. Ultimately, by using their entry visa the applicant should conclude the transactions and legal acts that are required in Greece and this should conclude their Golden Visa application.