The Greece Golden Visa Program is a residence-by-investment program that provides an attractive pathway for non-EU nationals to establish residency in Greece. Here are the key details:
Eligibility and Benefits:
Successful applicants and their families can obtain a five-year residency permit.
Within just three to four months of applying, approved applicants and their families gain visa-free access to Europe’s Schengen Area.
Key advantages include:
Visa-free travel within Europe’s Schengen Area.
No requirement to reside in Greece.
Unlimited expiry date for the residence permit.
Opportunity to rent out the investment property.
Residence applicable to the whole family, including the main applicant’s spouse, children under 21, and parents.
Eligibility to apply for citizenship after seven years of residence.
Ability to hold shares and receive income from dividends of a company registered in Greece (without being employed in Greece).
Investment Options:
Real Estate Options:
Minimum real estate investment of EUR 250,000 (plus applicable taxes).
Alternatively, a minimum of EUR 500,000 in specific locations such as Mykonos, Santorini, Thessaloniki, and most municipalities in Athens.
Long-term lease agreements for hotel accommodation or furnished tourist residences.
Renewal and Path to Citizenship:
Residence permits may be renewed every five years.
After seven years of residency, applicants can apply for Greek citizenship.
In summary, the Greece Golden Visa Program offers an affordable and efficient route to European residency through strategic investments, while providing access to Greece’s rich culture, lifestyle, and European travel opportunities