Greece, situated in southeastern Europe, is steeped in a rich tapestry of history and culture, celebrated for its breathtaking landscapes, sun-drenched coastlines, and archaeological marvels. Revered as the birthplace of Western civilization, Greece boasts a profound heritage spanning millennia, embodied in iconic ruins like the Parthenon in Athens and the Temple of Apollo in Delphi. Its enchanting allure extends across more than 2,000 islands scattered amidst the Aegean and Ionian Seas, offering an array of experiences, from the vibrant urban pulse of Athens to the tranquil beauty of Santorini and Mykonos.
Key facts about Greece:
Applicants for the Greece Golden Visa obtain permanent residency by either investing EUR 250,000 in real estate or depositing EUR 400,000 in fixed-term deposits or government bonds. The residency permit enables visa-free travel within the Schengen area for 90 days every six months. While the residency card must be renewed every five years, there are no obligatory stay requirements.
To be eligible for the Greek Residence by Investment Programme, applicants must meet the following requirements:
Applicants can choose one of the following investment options:
The application process for the Greek Residence by Investment Programme follows a simple procedure and typically takes up to 3 months from the initiation of the process to the receipt of residency documents. Here's a breakdown of the stages:
Greece enacted Law 4146/2013 on April 18, 2013, enabling foreign nationals to apply for a five-year Greek residency visa by investing a minimum of 250,000 Euros in residential real estate located in Greece. The residence permit is initially granted for a five-year period and can be renewed indefinitely as long as the applicant retains ownership of the property. However, it's important to note that these residence permits do not confer any rights to employment.
There are certain investment criterias that applicants who are interested in applying for the Greek permanent residency must fulfil to qualify for the program. These include:
It is mandatory for applicants to purchase property anywhere in Greece in order to apply for the Greece permanent residence program.
The additional fees to be paid other than the purchase of real estate are inclusive of:
The other costs involved include The Elite Passport’s professional fees, official application forms, certification of citizenship and passport, courier & other disbursements. Clients can be assured of receiving a detailed quotation with no hidden costs upfront.
To obtain Greek citizenship, individuals must reside in Greece for a minimum of seven years. Proficiency in the Greek language is also a crucial requirement for citizenship.
Family members eligible to benefit from the Greece Golden Visa investment include:
Properties eligible for the Greece Golden Visa can be acquired across various regions, including Athens, city centers, coastal areas, and the picturesque islands. Compared to many other European capitals, real estate in Athens is notably more affordable. In fact, property prices in Athens are approximately three times lower than in Lisbon, Portugal, or Madrid, Spain, and nearly eight times more cost-effective than in Paris, France. For further details on real estate properties that meet the requirements for the Greece Golden Visa, additional information can be provided.
Finalizing the residency application for the Greece Golden Visa typically requires at least one visit to Greece. However, if preferred, properties can be purchased remotely with our assistance. Alternatively, for those interested in viewing properties in person, our dedicated team will provide support throughout the process and arrange property viewings for attractive real estate opportunities.