Greece Residency by Investment

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Greece Golden Visa Program

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The Greek Golden Visa program is a residency-by-investment program that requires a minimum investment of EUR 250,000.

Granted typically in less than 6 months, this program allows for visa-free access to the Schengen Area and the right to reside indefinitely in Greece.

Advantages

Fast Processing

typically within 6 months

Perks

No physical residency requirement, Right to establish a business, No language requirement, No education or management/ business experience required

Taxes

No wealth tax and Low property tax

Member of EU/Schengen

Free travel within Schengen zone 90 days out of every 180 days and Right to reside indefinitely in Greece

Dependents

Spouse, Children under 21, Parents of the investor and spouse

Greece Passport

Can apply for Greek citizenship after 7 years subject to meeting actual residency and language requirements

Requirements

Country of Citizenship

The applicant must be a Non-EU citizen

Age

The applicant must be over 18 years old & in good health

Insurance

Must have medical insurance

Investment

Make a qualifying real-estate investment which must be held for the entire duration of the residence permit

Investment Options

  1. An investment in real estate property with a minimum value of EUR 250,000, plus the applicable taxes
  2. A 10-year lease agreement for hotel accommodation or furnished tourist residences in tourist accommodation complexes (Article 8 of Law 4000/2001)
  3. A 10-year time-sharing agreement for hotel accommodation (Law 1652/1986)
  1. A capital contribution with a minimum value of EUR 400,000 to a company that has its registered office or establishment in Greece (with the exception of portfolio investment companies and real estate investment companies) for the acquisition of shares in a share capital increase or bonds that are, at the time of issue, admitted for trading on regulated markets or multilateral trading mechanisms that operate in Greece
  2. A capital contribution with a minimum value of EUR 400,000 to a real estate investment company (Article 21 of Law 2778/1999) that will invest exclusively in Greece, for the acquisition of shares in a share capital increase
  3. A capital contribution with a minimum value of EUR 400,000 to a closed-end investment company (Article 5 of Law 2367/1995) for the acquisition of shares or to a closed-end mutual fund (Article 7 of Law 2992/2002) for the acquisition of shares, provided that the aforementioned alternative investment institutions have the intention to invest exclusively in companies that have headquarters or establishments in Greece
  1. Purchase of Greek government bonds with a minimum acquisition value of EUR 400,000 and residual maturity of at least three years at the time of purchase, via a credit institution established in Greece, which will also act as the custodian of these bonds
  2. Purchase of shares or corporate bonds with a minimum acquisition value of EUR 800,000, which are admitted for trading or are traded on regulated markets or multilateral trading mechanisms, operating in Greece
  3. Purchase of units with a minimum value of EUR 400,000 of a mutual fund incorporated in Greece or another country and with the intention to invest exclusively in shares, corporate bonds, and/or Greek government bonds that are admitted for trading or are traded on regulated markets or multilateral trading mechanisms, operating in Greece
  4. Purchase of units or shares with a minimum purchase value of EUR 400,000 of an alternative investment fund established in Greece or another country of the EU, which intends to exclusively invest in immovable property in Greece
  1. Term deposit of a minimum value of EUR 400,000 to a domestic credit institution, for at least one year, with a standing order for renewal

Why Greece

Many expats are drawn to the thought of living in Greece because it is a thriving country known across the world for its year-round pleasant climate, deep history, gorgeous architecture, and distinct Greek culture.

It became part of the EU Nations in 1981, and the country has since progressed from strength to strength.

GENERAL FACTS

About Greece

Population

10.72 Million* (2020)

Languages Spoken

Greek and English

Economy

Shipping, Tourism, Global Trade, Labour and Finance

Currency

Euro

Passport Score

Visa-Free Travel to 113 countries and Visa-on-Arrival to 49 Countries

Disclaimer

The amounts reflected above are as per the most recent government laws.

The amounts and eligibility criteria may be subject to change without any prior notice

We encourage the user / viewer to be responsible for doing his / her own research before making a legal / financial decision.

All passport scores included in the website are the most recent and are according to the best of our knowledge; and are subject to change.

Thank you for your interest in our programs, a brochure download link has been shared to your email.