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Greece Golden Visa

Residency By Investment

passport_rank

PASSPORT RANK

CAPITAL

CAPITAL

Athens

LANGUAGE

LANGUAGE

Greek & English

TOTAL AREA

TOTAL AREA

131,957 km2

POPULATION

POPULATION

10.72 million

GOVERNMENT

GOVERNMENT

parliamentary system

CURRENCY

CURRENCY

Euro (€)

Obtain a Second Passport or Permanent Residency

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The minimum investment amount for any of Bluemina's programs starts at USD 100,000.
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Greece is located in southeastern Europe, bordering the Mediterranean Sea from the south and the Aegean Sea from the east. Greece is a mountainous point that has been drawing a lot of attention given its breathtaking nature, rich history, and architectural remains.

As a member of the EU, Greece offers one of the most demanded Residence by Investment programs that grants access to Europe. The Greece Golden Visa Program was launched in 2013 to attract foreign and non-EU investors and their family members to obtain a renewable five-year permanent residence in Greece. In order to obtain the Greece Golden Visa, an investor must purchase a residential real estate property which should be held for as long as the investor wishes to maintain the residency status.

Investors and high-net-worth individuals should expect to receive their residence card within six months after which they can travel freely to Europe’s Schengen Area, and gain the many benefits, such as opening bank accounts and establishing businesses in Greece with the ability to hold shares and receive income from the dividends of a company registered in Greece without physically relocating.

Greece Golden Visa applicants will also be able to add their entire family for one investment package. In this case, permanent residency will be applicable to all family members and they will instantaneously have access to world-renowned healthcare facilities and highly reputable educational institutes. The ability to apply for Greek Citizenship and Passport after seven years of residence is available to investors and wealthy families.

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INVESTMENT SCHEME

Applicants are required to invest in real estate for the value of EUR 250,000 to obtain Permanent Residence status in six months.

- Property Investment in Greece: EUR 250,000   

- Golden Visa fees for main applicant: EUR 4,116  

- Golden Visa fees for spouse: EUR 406

- Golden Visa fees for dependents below the age of thirteen: EUR 216

- Golden Visa fees for dependents between the age of thirteen to twenty-one: EUR 366

- Golden Visa fees for parents of main applicant/spouse: EUR 1,046

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Areas to invest:

- Athens including Glyfada, Voula, Kolonaki, Vouliagmeni

- Lefkada

- Skyros

- Rhodes

- Crete Island

- Thessaloniki

Benefits of Greece Golden Visa


  • Residence permits can be obtained within six months.
  • Visa-free travel to Europe’s Schengen countries.
  • No physical residence requirements in Greece.
  • Access to world-renowned healthcare and education systems.
  • No interview required.
  • Ability to open a bank account and establish businesses in Greece.
  • Investors can extend the application to family members who are dependents such as children, spouses, and parents.
  • Opportunity to rent out the investment property.
  • Eligibility to apply for citizenship after seven years of residence.

QUALIFICATIONS


  • Golden visa applicant must be at least eighteen years of age or older.
  • Golden visa applicant should have an income of EUR 2,000 per month, spouse EUR 400 per month and EUR 300 per month for each additional child.
  • An applicant should make the appropriate investment in real estate property.
  • Dependent children aged twenty-one and under are allowed to apply with the main applicant.

VISA FREE TRAVEL


Austria

Belgium

Czech Republic

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Iceland

Italy

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

Netherlands

Norway

Poland

Portugal

Slovakia

Slovenia

Spain

Sweden

Switzerland

* Visa upon Arrival / ** E-visa
Timeline and Procedure

Day One
Step 1
Signing of contract with Bluemina and making an initial retainer payment.
Week One
Step 2
Bluemina will liaise between the investor, lawyer and real estate developer/agent, in order to show property options.
Week Two
Step 3
Collect the basic identification documents in order to set up bank account for the investor and to either travel to Greece to check the property or to sign a power of attorney to the lawyers.
Day Fourteen to Fifty
Step 4
Selection of property, paying amount in full, and title deed issuance.
Month Two
Step 5
Submission of the Golden Visa application for investor and family.
Month Four
Step 6
Travel to Greece for biometrics once the approval is issued.
Month Five to Six
Step 7
Issuance of residence cards and delivery.