Greece, with its rich history, stunning landscapes, and vibrant culture, has become a sought-after destination for investors seeking residency through investment. The Greek Golden Visa program offers a pathway for non-EU citizens to gain residency by making a significant investment in the country. This guide provides an in-depth look at the program, including benefits, eligibility criteria, investment options, and the application process.


Greece Residency by Investment Overview


The Golden Visa program of Greece was established in 2013 to draw in foreign investment and boost the economy. Non-EU citizens can acquire a residence permit by making a substantial financial investment, enabling them to reside in Greece and travel without constraints within the Schengen Zone.


Benefits of the Greek Golden Visa

Travel Freedom

One of the attractive advantages of the Greek Golden Visa is the opportunity to travel within the Schengen Area without needing a visa. This covers 26 European countries, which is beneficial for both business and leisure trips.

Lifestyle and Quality of Life

Greece stands out for its excellent standard of living, thanks to its advantageous climate, stunning landscapes, and abundant cultural legacy. Greece provides a wide variety of experiences, from charming islands to lively urban centers.

Economic Benefits

Investing in Greece can be financially beneficial. There is a thriving real estate market, profitable business prospects, and a favorable tax system for new residents.

Eligibility Criteria

The Greek Golden Visa program is open to non-EU citizens who make a qualifying investment in Greece. This includes individuals, families, and business entities.

Basic Requirements

To be eligible, applicants must:

Be over 18 years old.
Have a clean criminal record.
Make a qualifying investment.
Have sufficient health insurance coverage.

Investment Options

Real Estate

Investing in real estate is the most popular option. A minimum investment of €250,000 in property qualifies an individual for the Golden Visa. This can include residential, commercial, or a combination of properties. Some of the most popular areas for real estate investment include Athens, Thessaloniki, Crete, and the Cycladic islands. Each location offers unique opportunities and benefits.

Business Investment

Another option is to invest in or establish a business in Greece. This can include purchasing shares in a Greek company or creating a new enterprise that adds value to the economy.Key sectors for business investment include tourism, renewable energy, technology, and agriculture. Each sector presents unique opportunities for growth and profitability.

Financial Investment

Investments in Greek government bonds, shares, or mutual funds also qualify. This offers options for individuals seeking to broaden their investment holdings.

Documents Needed For Greece Residency by Investment

Valid passport
Proof of investment
Health insurance certificate
Criminal record check
Application form and biometric data

Life in Greece

– Living costs in Greece are relatively low compared to other European countries, making it an attractive destination for expatriates.

-The healthcare system in Greece is well-developed and offers high-quality medical services.

-Greece has great education options for both local and international students.

-The real estate market in Greece has been growing steadily, with more people looking to buy properties. This trend is expected to continue, making it a good investment opportunity.

-Greece supports entrepreneurs and provides incentives and support programs to attract foreign investment.

After seven years of continuous residency, Golden Visa holders can apply for Greek citizenship. This requires passing language and history tests, among other criteria

Greek citizenship grants the right to live, work, and travel freely within the EU, offering significant advantages for personal and professional opportunities


Legal Requirements and Compliance

The Greek Golden Visa program has specific legal requirements that must be adhered to. This includes maintaining the investment for the duration of the residency and complying with local laws.

It is advisable to seek legal assistance to navigate the complexities of the application process and ensure all legal requirements are met.


Conclusion

Greece’s residency by investment program offers a unique opportunity for investors to gain residency in a beautiful and economically vibrant country.

By understanding the benefits and requirements investors can make informed decisions and enjoy the numerous advantages that come with Greek residency.

Whether you are seeking new business opportunities, a better quality of life, or a gateway to Europe, Greece provides an excellent pathway to achieving your goals.

All that’s left is for you to make that first move. So, what are you waiting for? Contact us today.

Contact us at +2347000611197, +2348165165009, or +14034376814, Or book an inquiry call below.