The Greece Golden Visa is an attractive option for international investors seeking residency in Europe. The Residency by Investment programme is an opportunity for individuals to acquire residency in this Mediterranean paradise through investment.
Renowned for its rich history, stunning landscapes, and vibrant culture, Greece offers a pathway to residency and citizenship for investors looking to embrace the allure of the Greek lifestyle. Let’s delve into everything you need to know about the Greece Golden Visa programme, from eligibility criteria to investment options and benefits.
Understanding the Greece Golden Visa
The Greece Golden Visa is a Residency by Investment (RBI) Programme that offers non-European Union (EU) citizens the opportunity to obtain a five-year residence permit in Greece. This permit allows investors and their families to live, work, and study in Greece, with the possibility of extending it indefinitely.
Eligibility Criteria for the Greece Golden Visa Programme
To qualify for the Greece Golden Visa programme, individuals must meet certain criteria, including:
- Being a non-EU citizen or non-EEA national
- Making a qualifying investment in real estate, business, or other eligible assets
- Demonstrating a clean criminal record and meeting financial requirements
- Residing in Greece for a specified period as per the programme’s guidelines
Investment Options for the Greece Golden Visa Programme
Investors seeking to obtain a Golden Visa for Greece can choose from various investment options, such as:
- Real Estate Investment: Purchasing property worth a minimum threshold set by the programme
- Business Investment: Investing in Greek companies, startups, or projects that contribute to economic growth
- Other Eligible Investments: Participating in government bonds, bank deposits, or other approved investment vehicles
Benefits of the Greece Golden Visa Programme
Acquiring a Golden Visa for Greece offers a range of benefits, including:
- Residency Rights: The right to reside in Greece and travel within the Schengen Area
- Family Inclusion: The ability to include family members in the visa application
- Access to Services: Enrollment in healthcare and education services in Greece
- Path to Citizenship: Eligibility to apply for Greek citizenship after meeting residency requirements
Application Process for the Greece Golden Visa Programme
The application process for the Greece Golden Visa programme typically involves the following steps:
- Choosing an authorised agent to assist with the application
- Selecting an investment option and preparing the necessary documentation
- Submitting the application for review and approval
- Fulfilling the investment requirements and obtaining the Golden Visa
Potential Impact on Investors
The Greece Golden Visa presents a compelling opportunity for global investors looking to secure residency in Europe. With its attractive benefits, straightforward investment requirements, and potential for long-term returns, the programme has gained popularity among individuals seeking to expand their horizons. By leveraging the Greece Golden Visa, investors can unlock a world of possibilities and enjoy the numerous advantages that come with residing in Greece.
The potential impacts of the Greece Golden Visa on investors are:
- Real estate market growth: The Greece Golden Visa has contributed to the growth of the Greek real estate market, attracting foreign investment and stimulating economic development.
- Diversification of investment portfolio: The Greece Golden Visa offers investors an opportunity to diversify their investment portfolio by venturing into the European market.
- Lifestyle benefits: Greece’s rich history, vibrant culture, and favourable climate make it an appealing destination for investors seeking a high-quality lifestyle.
Greek Citizenship
The Greece Golden Visa allows applicants to obtain permanent residence in Greece, however upon the fulfilment of certain requirements, residents may be eligible for citizenship after seven years of physical presence in Greece.
After residing in Greece for seven years, applicants can apply for Greek citizenship. Requirements for naturalisation include having a permanent home in Greece, being part of the local community, and having the ability to speak Greek.
Once naturalised, new citizens can then apply for a Greek passport. Greece is a member of the European Union, which means that Greek citizens are also European Union citizens. They may be allowed to live, work, or study in the European Union, EEA, and Switzerland.
Is the Greece Golden Visa for you?
The Greece Golden Visa allows qualified applicants to obtain permanent residence status in Greece, even while living elsewhere.
The following persons may also be a good fit for the Greece Golden Visa:
- Individuals and families who want to enjoy visa-free access to Europe’s Schengen Area.
- Investors looking to invest in real estate in Greece.
- Families who want to live, study, and undertake business in Greece.
