WHY GREECE?
The real estate sector, which is the most popular investment option in the application process for the Greece Golden Visa program, hosts numerous projects in rapidly growing industries such as tourism and renewable energy. With its supportive ecosystem for business development and the provision of incentives in terms of business and tax, Greece offers an excellent environment for establishing a new venture or expanding an existing one.
The real estate sector, which is the most popular investment option in the application process for the Greece Golden Visa program, hosts numerous projects in rapidly growing industries such as tourism and renewable energy. With its supportive ecosystem for business development and the provision of incentives in terms of business and tax, Greece offers an excellent environment for establishing a new venture or expanding an existing one.
The Golden Visa program is granted upon a minimum investment of 250,000 Euros in Greece. This investment can be made through various options, such as purchasing real estate, establishing a commercial enterprise, or investing in Greek government bonds. Upon making your investment, you and your family gain the right to reside and work in Greece.
The Greece Golden Visa application process is quick and straightforward. Beyond Global Partners’ professional team assists and supports you and your family members throughout all application stages, ensuring that your application is completed accurately and that the necessary documents are submitted properly, offering you the best professional consultancy services.
GreeCE Golden Visa Program at a Glance
Visa-free Travel within Europe’s Schengen Area
Fast and Efficient Application Process
No Minimum Residence Requirements
Permanent Residency Permit
High Rental Income From Your Real Estate Investments
The Most Viable Route to Greek Citizenship
Dependants including spouse, children under 21 and parents can be included in your application
Ability to Live, Work and Study in Greece
Crucial Business Location at the crossroads of Africa, Asia and Europe
GREECE RESIDENCE BY INVESTMENT PROGRAM REQUIREMENTS
To qualify for permanent residence, the main applicant must be over 18 years of age and meet all of the application conditions. The contribution requirements are as follows:
Option 1
When opting for the real estate method of investment, Beyond Global Partners offers you a wide investment portfolio and enables you to acquire a property with high rental income potential.
In coordination with our Beyond Greece office, you can visit all the investment options you find appealing, accompanied by our team, prior to submitting your Golden Visa application.
Option 2
Investors are required to invest no less than EUR 400,000 into one of the following:
- Capital contribution to a company based or headquartered in Greece
- Acquire shares in real estate investment company trading exclusively in Greece
- Purchase government bonds with a three-year holding period from a Greek credit institution
- Hold a term deposit for a minimum of 12 months fixed term with a permanent renewal order
- Invest in a large mutual fund that exclusively invests in Greek stocks and bonds
IMPORTANT UPDATE!
As per the announcement by the Greek Government, effective from August 1, 2023, the minimum required real estate investment for Greece’s islands of Athens, Thessaloniki, Santorini, and Mykonos will increase from 250,000 Euros to 500,000 Euros. However, the minimum investment amount for other regions in Greece, excluding these islands, will remain at 250,000 Euros. To ensure prompt and efficient completion of your Golden Visa application, we encourage you to reach out to our consultants for assistance. They will guide you through the process with expertise and diligence.
Greece Residence by Investment Program
Permanent Residency in Europe
Greece’s strategic geographical location, prestigious schools, tax incentives for investors, exquisite sunny beaches, authentic traditions, and hospitality make it an important destination for travel, business, education, tourism, and entertainment. The Golden Visa Program provides visa-free access to the Schengen Area in Europe. While there are various options to obtain permanent residency in Europe, many investors prefer to become Golden Visa holders by investing in real estate in Greece due to the simplicity of the procedure, efficient processing, and the appeal of Greece as one of the most desired holiday destinations worldwide.
Application Timeline for the Greece Residence
by Investment Program
Stage 1
Choose your investment
From a list of approved options
Select your preferred investment option based on your budget and expectations for future returns. Our advisors can discuss the available options with you in order to ensure that you select an investment that suits your goals.
Stage 2
Submission of Application
We prepare and submit documents
The application and supporting documentation are submitted for processing and due diligence. If you select to purchase real estate, the time-frame under this option may vary depending on the status of your chosen development.
Stage 3
Make your investment
We assist you throughout the process
Once your application is approved, you will be requested to pay all government fees and make the investment under your chosen option.
Stage 4
Congratulations!
Receive permanent residence card
Following approval you will be issued with your Greek residence permit. The entire process will take three to six months from submission of your application to issuance of the permit assuming there are no areas of concern with the application.
Greece Residency Program Frequently Asked Questions
I’m not using the property that I have invested in under the program. Can I rent it out?
Is there a requirement to reside in Greece under this visa?
Does Greece allow dual citizenship?
Is it possible to apply for Greek citizenship through this visa?
How long is the Golden Visa valid for?
Will I need to open a Greek bank account?
Yes. All necessary payments associated with the purchasing of the property will be made through this account.
Will I need to be in Greece and apply in person?
How long does it take to receive the Golden Visa?
It normally takes approximately 3 – 6 months from the date of the submission of the biometrics for the application to be finalized, through there are occasional delays in times of heavy caseload at the relevant immigration authority.