Residency | Greece

Overview

As a member state of the EU, Greece offers its residents and citizens a number of reassuring benefits including high levels of safety and security, excellent education opportunities, robust healthcare options, and a dependable rule of law. The Greece Golden Visa Program is considered one of the most affordable residence by investment programs that provide access to Europe.

Flag of Greece SAIBCL

Investment: Minimum investment of EUR 250,000

Processing time: One–two months from submission of the application to approval

Key benefit: The right of free movement to Greece and Europe’s Schengen Area

Benefits of Greece Citizenship by Investment:

—–Visa-free travel within Europe’s Schengen Area

—–No requirement to reside in Greece

—–Residence permits can be acquired within 30–60 days

—–Residence applicable to the whole family (married spouse, children under 21 years old, and parents of the main applicant and spouse)

Antigua and Barbuda Citizenship

The Business Innovation and Investment Program

The Greece Golden Visa Program is a residence by investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. The residence permits may be renewed every five years.

The program’s qualifying options are:

Real estate 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)

Other options

CAPITAL CONTRIBUTION

  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

Procedures and Time frame of the Greece Citizenship by Investment Program

Step 1: Visit Greece

Step 2: Choose the preferred property

Step 3: Submission of the application

Step 4: Final verification