The Greek Golden Visa, launched in 2013, has rapidly gained recognition as one of Europe’s most sought-after residency by investment programs. Designed for non-EU nationals, this program offers a compelling path to residency in Greece, with a minimum investment of just €250,000 in Greek real estate securing a 5 year residence permit.
Notably, this program stands out as the most flexible and affordable among its EU counterparts, allowing investors and their families to secure residency within a swift two-month timeframe.
Furthermore, Greek Golden Visa holders can seamlessly transition to citizenship after residing in Greece for over 7 years.
Routes to Greek Golden Visa
Property Investment
A minimum real estate investment of €250,000 is required for most areas in Greece. This may consist of single or multiple properties.
There are no restrictions on the type of property. Investments may include commercial and residential properties, as well as land. The applicant must enter into a 10-year lease agreement for tourist and hotel accommodation.
From 1st August 2023, the minimum amount for the real estate option is set to rise. The minimum amount is increasing to €500,000 in certain areas and is restricted only to one property in these areas.
Financial investment
Invest in various types of financial investments with a minimum value of €400,000. Investment options include:
Term deposits in a Greek bank with standing orders for automatic renewal Greek government bonds Corporate bonds Equity investments Various types of funds, such as mutual funds Investments in publicly traded financial instruments
Specific requirements vary for each of these investment options.
Main Benefits of Greek Golden Visa
Eligible for citizenship after 7 years of physical residency in Greece with 183 days per year EU citizenship benefits: Live, work, and study anywhere in the EU Visa-free travel to over 180 countries Unmarried children under the age of 18 receive citizenship
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