Greece (E.U.) Residence Program.
Investment.
An investment of €250,000 is required in real estate in Greece making the Greek programme the lowest investment level of any real estate residency visa scheme in Europe. The property, which can be located anywhere on the Greek mainland or the islands, can be either residential or commercial. Any number of properties can combine to make up the €250,000 minimum investment. Joint buyers can combine investments into one property.
As an alternative to real estate, the investment can be:
a capital investment of €400,000 in a company registered in Greece
a €400,000 investment in Greek government bonds
a €400,000 deposit in a Greek bank
Purchase of shares or corporate bonds with a minimum acquisition value of EUR 800,000
The Process.
An outline of the Golden Visa application process is:
Apply for a Greek national visa at an Embassy or Consulate.
Enter Greece and finalize your investment. We will assist you with professional legal help through this step.
Collect the required documents for the Greek Golden Visa.
Submit the documents at the local Alien and Immigration Department.
Wait for the visa to be processed. You will usually hear back about a decision within 2 months.
After a positive decision, you have to travel back to Greece and submit your biometric information.
You will receive a Golden Visa residence permit, which will be valid for five years.
Key Advantages.
Visa-free travel within Europe’s Schengen Area
No requirement to reside in Greece
Residence permits can be acquired within 30–60 days
Unlimited expiry date of residence permit
Opportunity to rent out the investment property
Residence applicable to the whole family (spouse, children under 21 years old, and parents of the main applicant and spouse)
Eligibility to apply for citizenship after seven years of residence