Greece Golden Visa

Greece Golden Visa Investment Options

1. Real Estate Investment

   • Purpose: To boost the Greek real estate sector.
   • Minimum Investment: €250,000 in property; valid for properties purchased, leased, or co-owned.
   • Duration: Initial 5-year permit, renewable as long as investment is maintained.
   • Other Requirements: Property must be owned continuously for renewal eligibility.

2. Investment in Greek Companies or Securities

   • Purpose: Supporting the Greek economy through financial instruments.
   • Minimum Investment: €400,000 in corporate bonds, shares, or Greek government bonds.
   • Duration: 5-year renewable permit.
   • Other Requirements: Investments must be maintained throughout the visa duration.

3. Capital Contribution to Greek Companies

   • Purpose: Contribute to Greek-based companies for development and economic growth.
   • Minimum Investment: €400,000 capital contribution to a Greek company, excluding portfolio investment companies and mutual funds.
   • Duration: 5-year renewable permit.
   • Other Requirements: Proof of continuous ownership or contribution.

4. Investment in a Greek Real Estate Investment Company (REIC)

   • Purpose: Supporting institutional real estate investment in Greece.
   • Minimum Investment: €400,000 in shares of a Greek REIC.
   • Duration: 5-year renewable permit.
   • Other Requirements: Must remain invested in REIC throughout the visa period.

General Eligibility Criteria for Greece Golden Visa

• Non-EU/EEA Nationals: Only available to citizens outside the European Union and European Economic Area.
• Legal Entry into Greece: Applicants must have entered Greece legally during the application.
• Financial Stability: Proof of sufficient funds and legal income to support the investment.
• Health Insurance: Valid health insurance covering the applicant and dependents.

Required Documents

1. Passport: Valid passport and entry visa for Greece.
2. Proof of Investment: Property deed, bond purchase, capital contribution agreement, or REIC investment certificate.
3. Health Insurance: Private or state health insurance covering Greece.
4. Financial Proof: Evidence of legal income sources to sustain the investment and support the family, if applicable.
5. Clean Criminal Record: Documented proof of a clean record from the applicant’s home country.

Application Process for Greece Golden Visa

1. Select an Investment Option: Choose a qualifying investment pathway (e.g., real estate, bonds, capital contribution).
2. Submit Visa Application: Apply for a Golden Visa at the local Greek consulate or immigration office.
3. Complete the Investment: Finalize the investment by purchasing property or making the required financial contribution.
4. Register Biometrics in Greece: Attend a Greek immigration office appointment to register biometrics.
5. Receive Residency Permit: Upon successful review, applicants will be issued a 5-year renewable residency permit.

Costs for Greece Golden Visa

Visa Processing Time

Key Points to Remember

• No Minimum Stay: Applicants are not required to live in Greece to maintain or renew the visa.
• Dependent Inclusion: Family members can benefit from the Golden Visa as dependents of the main applicant.
• Potential for Citizenship: After 7 years of residency in Greece, applicants can explore the option of citizenship if desired.

Conclusion

The Greece Golden Visa provides a flexible route for investors seeking residency in Greece and Schengen access through property investment or financial contributions. With relatively low investment thresholds and no minimum stay requirements, it is one of Europe’s most attractive Golden Visa programs for individuals seeking lifestyle, business, or retirement options in Europe.

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