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GREECE GOLDEN VISA

RESIDENCY BY INVESTMENT

OVERVIEW

Invest in Real Estate to Obtain Residency Visa in Greece 

Greece has the most sought after investment-based Visa programs in the European Union. The government launched the program (Golden Visa) in 2013 to attract foreign investors who would contribute to the nation’s economic development. The program grants a residency visa to the applicant in exchange for investment in residential real estate.

There is no requirement to reside in the country. The Visa comes with a host of personal and business benefits, and the ability to travel Visa-free across the European nations.

Processing time

3 months

Visa free travel

The Schengen zone and visa-free travel within the EU nations .

Investment type

Real investment

Investment cost

€250,000

Family dependents

Spouse and Children below the Age of 21 Years Old.

Passport/Residency validity

5 years (renewable)

About GREECE GOLDEN VISA

Greece, the Hellenic Republic is where the Western civilization and philosophy marked its origin. Considered the birthplace of historiography, democracy, and political science, its rich cultural and natural heritage attracts millions of tourists every year, fuelling its GDP. Agriculture, maritime industry, and telecommunications are the other major contributors to the country’s economy.

Geographical Location

South-East Europe (shares borders with Albania, North Macedonia, Turkey, and Bulgaria)

Total Area

131,957 km2 or 50,949 sq/mi

Population

10,718,565

Capital

Athens

Language

Greek

Government

Parliamentary System (Republic), Unitary State

Currency

Euro

Member

UN, NATO, OECD, Eurozone, EU, and Schengen Agreement.

Greece Residency Visa

The Golden Visa or Residency Visa of Greece grants resident status to an individual for 5 years. End of tenure demands renewal of the visa status. Benefits include residency in the Schengen zone and visa-free travel within the EU nations. Moreover, the Golden Visa holder is allowed to own businesses and open bank accounts in Greece. The residency visa extends to the dependant family as well granting access to education and healthcare facilities. 

Eligibility

  • The applicant has to be at least 18 years of age.
  • He/she should not have any criminal history and pass due diligence.
  • Applicant must obtain health insurance from a company in Greece.
  • Applicant must furnish proof of annual income of €100,000 or capital assets worth €500,000.

Investment Type

Real estate property investment - €250,000

Residency Details

Processing time – 3 months
Validity – 5 years (renewable)

Connect with Citizenship Xperts for more information regarding Greece Golden Visa Program.

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