Investor Golden Visa Greece EU
About Investor Visa in Greece
The program offers an affordable real estate investment route to permanent residency in Europe. Third-country nationals may fall within the provisions of Law 4251/2014 either by making an investment or by acquiring real-estate property. It was introduced by the Greek government so as to encourage investment into Greece.
An investment of €250,000 is required in real estate in Greece making the Greek programme the lowest investment level of any real estate residency visa scheme in Europe. Furthermore, real estate prices in Greece are much lower than they used to be, creating great investment opportunities for buyers who wish to lease or resell their property. The property, which can be located anywhere on the Greek mainland or the islands, can be either residential or commercial. Any number of properties can combine to make up the €250,000 minimum investment. Joint buyers can combine investments into one property.
Applicant Profile Requirements
The applicant needs to have made the property investment in Greece prior to applying for the visa. In addition to the real estate investment applicants will need a clear criminal record and medical insurance to cover any stay in Greece. There is no minimum stay requirement and the residency visa can be renewed after five years providing the investment is maintained. Qualifying family members include spouse and all children under 18. Children 18 and over can qualify if studying and dependent. The Greek residency program was recently extended to the parents of both investor and spouse.
Living Working Travel
Applicants gain the right to live in Greece although there is no requirement to do this. However the applicant can set up business in Greece.
Once granted the Greek residence permit allows freedom of travel throughout the EU Schengen zone. With the residency card all family members will have freedom to travel to and throughout the EU Schengen visa zone with ease and without further visa applications. If the resident sells the property to another non-EU citizen, the Greek residency becomes transferable to the new investor.
Citizenship and Passport
Applicants who live in Greece can apply for citizenship and a passport after seven years. Once applicants have citizenship then they are free to dispose of their investment as further visa renewals are not necessary. Because of the need to reside in the country the Greek golden visa program is considered a residency investment program rather than citizenship by investment. However the option for citizenship is there for those committed to living in Greece.
We strongly believe that this is a major opportunity for our clients who are foreign investors interested to invest in the Greek Hotel Market or Greek real estate market (residential-commercial properties etc) in general as well to those who are interested in expanding their professional activities in Europe.
Our Company is offering its services and guidance to foreign citizens who are interested in using the Golden Visa Program of Greece.
Our Company is offering brokerage assistance and advisory services regarding:
Location and Purchase of residential properties in the broader Greek peninsula
Hotel Development Ventures in Greek Mainland and the Islands
Please take a look at our ‘ready-to-invest’ Hotel Development Projects
Do not hesitate to contact us for further details