GOLDEN VISA IN GREECE


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 4002/2011 (Government Gazette 180 A’), provided the minimum cost of the lease is €250.000;
Property can be purchased directly by the physical person or by a legal entity however if owner has acquired the property through a legal entity, the applicant must own 100% of the company shares.
No need for the purchase of a single property as the residence permit is also granted in cases where the third country citizen is the owner, either directly or through a legal entity, of more than one real estate property with a combined value of at least €250.000.


The biggest advantage of a golden visa is that it gives its holders the right to travel in all sengen countries with no further formalities.

If you are interested in investing and obtaining the advantages of a Golden Visa- our office is in the position to assist you in all aspects of your investment from the initial step of assisting you to find the right property for you to invest in, up to maintaining and managing your property and assuring that your rights and interests are safeguarded whether you reside in Greece or not.

Ask as to assist you.

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