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Greece Golden Visa

Residency By Investment

BECOME A GLOBAL CITIZEN




Greece launched its Golden Visa Program in 2013 to attract foreign investments in exchange for granting investors a renewable 5 years residency visa. In order to obtain Greece Golden Visa, an investor must purchase a residential real estate property which has to be held for as long as the investor wishes to maintain his residency status.

Located in the Eastern side of the Mediterranean Sea, Greece is a mountainous peninsula that has been drawing a lot attention given its rich history, breathtaking nature, and architectural remains.

Investors should expect to receive Greece Residency card within 3 short months after which they can live freely in any European Country in the Schengen Zone and reap the many benefits associated with that. Benefits include opening bank accounts and establishing businesses in Greece, as well as travelling freely without a visa to the United Kingdome and EU Countries.

Greece Golden Visa applicants will also be able to add their entire family for one investment package. In this case, residency will be applicable to all family members and they will instantaneously have access to world-renowned healthcare facilities and highly reputable educational institutes.

Lastly, Greece doesn’t impose any physical residency requirement to maintain Greece investor visa as long as real estate property is maintained.

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CAPITAL

CAPITAL

Athens

LANGUAGE

LANGUAGE

Greek

TOTAL AREA

TOTAL AREA

131,957 km2

POPULATION

POPULATION

10.77 million

GOVERNMENT

GOVERNMENT

Republic, Parliamentary system, Unitary state, Parliamentary republic, Constitutional republic

CURRENCY

CURRENCY

Euro

INVESTMENT SCHEME

Greece golden visa applicants are required to invest in a real estate for the value of €250,000  and obtain a Permanent Residency status in 3 months. 

Permanent Residency status can be held for as long as property is maintained. 

- Property Investment in Greece: €250,000 
- Property Transfer Tax: 3.09%
- Legal Fee for each family member: €600 

- Land Registry: 0.5%
- Government Fee: €500 per adult

Benefits of Greece Golden Visa Citizenship


  • Permanent residency in Greece can be obtained in 3 months
  • European residency within an Schengen countries
  • No nationality restrictions on Golden Visa applicants
  • Travel freely to EU countries and the United Kingdom
  • No physical residence requirements in Greece
  • Access to world-renowned healthcare and education systems
  • No interview required
  • Live and work anywhere in Europe
  • Ability to open a bank account and establish a businesses in Greece
  • Golden visa investors can include their entire family for one investment package

QUALIFICATIONS


  • Golden visa applicant must be at least 18 years of age
  • Golden Visa applicant should have an annual income of €100,000 or capital assets of €500,000
  • An applicant should make the appropriate investment in Real Estate
  • Applicant must keep real estate in order to maintain residence status in Greece
  • Dependent children aged 26 and under are allowed to apply with the main applicant
  • All golden visa applicants must pass a strict due diligence

LEGAL BASIS


On 18 April 2013, Greece introduced Law 4146/ 2013, which offers a renewable five-year Greek residency visa to foreign nationals who invest at least 250,000 Euros into residential real estate that is physically located in in Greece. A residence permit for five years is issued and can be renewed indefinitely (for a 5-year period each time), provided that the real estate property is still owned by the applicant. However, the residence permits do not allow a right to employment of any type.

VISA FREE TRAVEL


Travel Freely within the Schengen zone.

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

Timeline and Procedure

Week 1-3
Step 1
Bluemina does a preliminary background check and submits application to Greek authorities. A receipt of the application is issued, allowing an investor to travel throughout Schengen countries and use it as a temporary Permanent Residence card.
Weeks 4-7
Step 2
The application is reviewed by Greek Authorities and due diligence process takes place.
Weeks 8-12
Step 3
Issuance of Golden Visa