GREECE
As a member state of the EU, 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.
INVESTMENT
Minimum specialized real estate investment of EUR 250,000
KEY BENEFIT
Freedom of travel to Greece and Europe’s Schengen Area
KEY ADVANTAGES OF THE GREECE GOLDEN VISA PROGRAM
Visa-free travel within Europe’s Schengen Area
No requirement to reside in Greece
Unlimited expiry date of residence permit
Opportunity to rent out the investment property
Residence applicable to the whole family (married spouse, children under 21 years old, and parents of the main applicant and spouse)
Eligibility to apply for citizenship after seven years of residence
Ability to hold shares and receive income from the dividends of a company registered in Greece (but not to be employed in Greece)
REQUIREMENTS OF THE GREECE GOLDEN VISA PROGRAM
The Greece Golden Visa Program is a residence by investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. The residence permits may be renewed every five years.
THE PROGRAMS QUALIFYING OPTIONS ARE:
Real estate investment in one of the following investment zones:
EUR 250,000: Specialized real estate investment allocated towards the conversion of commercial properties into residential use or the restoration of listed buildings, regardless of location or size
EUR 400,000: For the purchase of properties in Greece, the investment must be made in a single property with a minimum size of 120 sqm
EUR 800,000: For the purchase of properties in Athens, Thessaloniki, and islands with more than 3,100 inhabitants
Alternatively, select one of the following qualifying options:
A 10-year time-sharing or lease agreement for hotel accommodation or furnished tourist residences with a value of at least EUR 400,000 or EUR 800,000, depending on the threshold zone
A fixed-term deposit of at least EUR 500,000 with a Greek credit institution
A capital contribution of at least EUR 500,000 in a public limited real estate investment company that invests exclusively in Greece, increasing its share capital; or in a closed-end investment company or mutual fund; or in a Greek-based company for share capital increase or bonds issued for trading on regulated Greek markets or multilateral trading facilities
Purchase of Greek government bonds worth at least EUR 500,000 with a remaining maturity of at least three years, through a Greek credit institution
Purchase of shares, corporate bonds, or Greek government bonds traded on regulated Greek markets or multilateral trading facilities, with an acquisition value of at least EUR 800,000
Purchase of shares or stocks with an acquisition value of at least EUR 350,000 in a mutual fund exclusively investing in shares, corporate bonds, or Greek government bonds traded on regulated markets or multilateral trading facilities in Greece, or in an alternative investment fund established in Greece or another EU member state, solely dedicated to investing in Greece
PROCEDURES FOR GREECE GOLDEN VISA PROGRAM
Step 1: Visit Greece
Step 2: Choose the preferred property
Step 3: Submission of the application
Step 4: Final verification
GREECE RESIDENCE BY INVESTMENT PROGRAM FREQUENTLY ASKED QUESTIONS
What is the Greece Golden Visa Program?
The Greece residence by investment program, also known as the Greece Golden Visa Program, offers residence to individuals and their families through significant investments in the country.
What are the investment options available for the Greece Golden Visa Program?
Investment options include real estate purchases, capital investments in Greek businesses, and contributions to government bonds.
What are the benefits of obtaining Greek residence through investment?
Benefits include the right to live and study in Greece, visa-free travel within Europe’s Schengen Area, and access to a rich cultural heritage.
What is the minimum investment required for the Greece Golden Visa Program?
The minimum investment starts at EUR 250,000 for specialized real estate projects.
How long does it take to process an application for the Greece Golden Visa Program?
Processing times for residence by investment applications may vary. Please contact us to find out more.
Can family members be included in the Greece residence by investment application?
Yes, the main applicant can include their spouse, dependent children, and dependent parents in the application.
What are the residence requirements for the Greece Golden Visa Program?
There are no specific residence requirements, but a suitable investment needs to be maintained to renew the residence permit.
What documents are required for the Greece Golden Visa Program application?
Required documents include a valid passport, proof of investment, health insurance, a clean criminal record, and other supporting documents.
Is it possible to obtain Greek citizenship through the residence by investment program?
Yes, after maintaining residence for seven years, investors may be eligible to apply for Greek citizenship.
What is the process for applying to the Greece Golden Visa Program?
Applicants must choose a qualifying investment, submit the application with the necessary documents, and undergo a due diligence process.