Get a Permanent Residency in Greece by Investing

GREEK GOLDEN VISA PROGRAM…ONE OF THE MOST EFFICIENT CHOICES TO GET EU RESIDENCY.

Greek Golden Visa has firsts presented on 2014 by the Greek Government and acquires permanent residence in Greece for non- EEU/EU nationals and their family members.

The main prerequisites for the applicants are:

  • To have a clear criminal record.
  • To buy one or more properties from the real estate market with a minimum value of 250.000 Euros in total.

Properties in Athens Attika region, northern or central provinces, municipality of Thessaloniki and Santorini or Mykonos islands, have a value of minimum 500.000 Euros to purchase one property to get the Golden Visa.

Golden Visa Benefits

Golden Visa 2023 benefits’ highlights are the following:

  • Visa- free travel to the entire Schengen Area
  • Prosperous real estate market
  • Greek citizenship after seven years
  • Greek Golden Visa to all family members.
1. Visa- free travel to the entire Schengen Area

The Schengen Area consists of 27 counties in which people have free movement between the internal borders of these countries. Governments, by having all individuals under the same judicial system and having the police’s cooperation, can control criminality and the external borders.

The 27 Schengen countries are: Austria, Belgium, Czech Republic, Croatia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

Almost most of EU countries, except Ireland, are part of the Schengen Area, and countries such as Romania, Bulgaria and Cyprus will be soon part of it.

 

Golden Visa holders will have the permission to travel visa- free to all these countries as per the following reasons:

 

  1. Borderless travel

Travel without border controls

  1. Everyday mobility for individuals

More than 3 million people travel every day for work, studies, or different reasons by crossing Schengen’s internal borders without any limitation or restriction.

  1. Tourism improvement

Having people travel easily and borderless between Schengen countries, the tourism industry has, and will gain, a tremendous economic boost in each of these countries which also leads to elevating their cultural landscapes.

  1. Economy boost

The improvement of the economy is not only because to tourism but, as individuals can live in one country and work in another one easily, this is obviously an enormous total advantage for citizens and businesses.

2. Prosperous real estate market

Almost right after the year 2022 up until today real estate is thriving. People started to invest again in properties. Having the current mortgage rates very low and demand at the highest it can get, the economy in the real estate industry is flourishing.

With Golen Visa Program individuals are:

  • Investing in properties and capitalizing in a market that keeps rising.
  • Getting Permission to Schengen Area countries.
3. Greek citizenship after seven years

Greek Golden Visa Holders can earn the Greek citizenship after seven years of continuous residence in the country or by staying at least 183 days yearly.

4. Greek Golden Visa to all Family Members

Golden Visa Holders not only earn their residency in the country, but also all their family members,

including the applicant’s parents and their parents-in-law.

Other benefits of having Golden Visa by buying a property in Greece:
  1. Zero-staying requirement
  2. Access to a highly- rated Greek healthcare system and private insurance to both, public and private sectors.
  3. Access to Greek education system, public or private.
  4. Returns on investment. This means that, they can rent their property in Greece, and they have the right to hold shares in a Greek company.
The steps of getting the Greek residency are simple:
  • Get your GTIN (Greek Tax Identification Number).
  • Open a bank account in Greece (Optional)
  • Have needed documents Translated.
  • Make a property investment.
  • Apply for Golden Visa.
  • Get the Golden Visa.
The duration of Golden Visa in Greece and the method to renew it.

Golden Visa provides 5 years residency, and it can be renewed if the owner has proof that maintains the investment. This means that the Golden Visa Holder must prove that the real estate property is under his/her ownership or a declaration by the relevant representatives.