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GOLDEN VISA IN GREECE

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GOLDEN VISA-GREECE The Immigration and Social Integration Code (Law 4251/2014, Government Gazette  1, no 80) contains provisions that facilitate the stay of third-country investors, whose investments are characterized as strategic investments, via the provision of extended stay time limits for the representatives of investment bodies and their partners. Moreover, it allows the granting of residence permits to third country nationals and to members of their families, who purchase real estate property in Greece, the value of which exceeds € 250,000. This residence permit is permanent. The holder of the residence permit is however required to renew it every five (5) years. Besides the purchasing of property golden visa can be granted to national of third countries who signed a timeshare agreement (lease) – for a minimum of 10 years – for hotel accommodations or furnished tourist residences in integrated tourist resorts according to article 8, paragraph 2 of Law