Greece Residency

 

Why Greece?

VISA-FREE TRAVEL

• Holders of the Greece Golden Passport can travel to over 175 countries worldwide, including Australia and Canada.

• Residents have the ability to travel 26 European countries and can stay in Schengen nations for up to three months out of every six months.

GOVERNMENT

• Greece is a Unitary Parliamentary Republic.

• The prime minister is head of government, the President is Head of State elected for a five-year term, and the Parliament or Vouli of 300 members is elected by universal suffrage every 4 years

 

CULTURE & SPORTS

• Given its diverse and extensive history, it is no surprise Greece possess more archaeological museums than any other country, the most famous being Athens’ Acropolis Museum, and 18 UNESCO heritage sites.

• Greek is known for its olive oil, the 3rd largest producer of olives in the world, but also has a strong winemaking tradition spanning over 3,000 years. There are over 500 wineries found in Greece.

• Greeks arts and music are diverse as a result of both eastern and western influences on the culture over thousands of years. There are believed to be over 4,000 traditional Greek dances.

 

Greece Residency Program Overview

The Greece Golden Visa Program was introduced in 2013 and as outlined by The Immigration and Social Integration Code Law 4146/2013, residence permits are to be issued to individuals acquiring real estate or making strategic investments in Greece. This contains provisions for a 5-year renewable Greek Residency Visa to be offered to foreign nationals conditional upon their investment of a minimum of €250,000 in real estate within the country.

Provided the real estate property is still owned by the applicant, the Visa has unlimited renewability. Amendments to Law 4251/2015 also grant non-EU citizens the right to apply for Greek citizenship provided they meet residency requirements over a 7 year period.

 

Benefits of Greece Golden Visa and Residency Program

• Greece Golden visa and Residency Program allows visa-free travel to European Schengen Area and the right to reside in other Schengen counties for up to 90 days out of every 6 month period

• Quick Approval with Lenient Documentary Requirements

• Entire family is eligible

• No Residency Requirements before, during or after the application, or to maintain and renew Permanent Resident status

• Residence is valid for life, indefinitely renewable every 5 years

• Full Residence Status including the right to live in Greece, as well as access to national healthcare and education systems

• Right to apply for Greek Citizenship after residing in Greece for 7 years

• No Income Tax for non-residents on income obtained outside Greece

• Excellent Airlift to and from all major countries worldwide

 

Application Process

Eligibility and Dependents

The Principal Applicant must be at least 18 years of age, a non-EU citizen, and able to make the required investment in order to be eligible to make an application for the Greece Golden Visa program. He or she may include any of the following dependents in his or her application:

• Spouse of the Principal Applicant

• Children of either the Principal Applicant or his or her spouse who are under the age of 21 years

• Children of either the Principal Applicant or his or her spouse who are between 21 – 24 years and dependent on the Principal Applicant

• Dependent parents of either the principal applicant or their spouse

 

Required Documents

The Principal Applicant must be at least 18 years of age, a non-EU citizen, and able to make the required investment in order to be eligible to make an application for the Greece Golden Visa program. He or she may include any of the following dependents in his or her application:

• Spouse of the Principal Applicant

• Children of either the Principal Applicant or his or her spouse who are under the age of 21 years

• Children of either the Principal Applicant or his or her spouse who are between 21 – 24 years and dependent on the Principal Applicant

• Dependent parents of either the principal applicant or their spouse

 

Application Process

The application of the Greece permanent residence by investment process takes between 30-90 days from the date of submission of the application. CCS has developed a Streamlined and Interactive Process (SIP) that is effective and easy for clients to follow. It enables CCS to provide guidance, assistance and advise to its clients throughout the process. Contact Us now to get started.

 

Ineligibility

A person who falls into any one of the following categories will be deemed ineligible for residency of Greece:

• EU Citizens

• Persons with a criminal record

 

Investment Options And Fees

Option 1: Real Estate Purchase of a Minimum of €250,000

The €250,000 minimum property investment may be in a single property or across multiple properties. These may be either commercial or residential properties and can be held either leasehold or freehold. Investments may be made jointly provided each individual applicant meets the minimum investment threshold.

Option 2: Real Estate Lease or Timeshare to the Minimum Value of €250,000

Lease for at least 10 years or invest in a timeshare for hotel accommodation or furnished tourist residencies in a combined tourist facility, as the above facility must be registered with Greek National Tourism Organization (GNTO).