Greece has the best of both worlds: a historical legacy paired with a rich modern culture. Conveniently situated at the crossroads of Europe, Asia
In addition to its natural splendors, Greece offers a vibrant cosmopolitan life as well. Exquisite fine dining, luxurious villas, great shopping and a wealth of historical landmarks, all punctuated by a passionate and fun-loving local population that revels in enjoying life.
The Greek Permanent Residency Program offers a pathway to secure permanent residency in Europe via an affordable real estate investment in Greece. This program was introduced by the Greek government in 2013 to encourage foreign investment in Greece. Of all European residency by investment programs, Greece offers the most cost-effective investment. As a Greek resident, you’re allowed to live in Greece permanently and travel visa-free across the Schengen Zone.
The Greek Permanent Residency Program is the most cost-effective program currently available to secure residency in Europe via investment. This program currently has two different investment options:
Invest at least €250,000 into a real estate in Greece. This can be accomplished in several different ways:
You can set up joint ownership, but each person must invest €250,000, unless the joint ownership is between spouses, in which case it’s €250,000 between the couple.
The other option for securing permanent residency in Greece is more open-ended when it comes to the investment project. The only requirement is that the investment must have a positive impact on Greece’s national development and economy. This is determined by factors such as job creation, innovation, domestic production, production of domestic resources, etc.
This avenue requires a minimum investment is €250,000 into an endeavor of your choice. The higher the contribution, the more resident permits (for executives) you can secure.
For more information about this, please feel free to contact us.
No minimum stay requirement and the residency visa can be renewed after five years so long as the investment and requirements are maintained
The application process for the Greek Residency Program is straightforward and should take about 1-2 months. The general steps are as follows:
Application Requirements for the Family Members
Your family members’ residence permits are directly linked to your permit, as the investor. If your residence permit expires, your family members’ permits will too.
Required List of General Documents
Translation and Certification Requirements
All of the documents required for the residence permit application must be submitted in Greek, except for the documents issued by foreign authorities, which need to be certified. There are two forms of certification:
The translation of foreign public documents can be done by either of the below:
Conditions of Residence
Once your application is approved, you receive a residence permit for 5 years. This permit can be renewed indefinitely as long as you:
If you sell your real estate to another non-EU resident in the future, they can then apply for a residence permit.
Securing a Greek permanent residency brings a wealth of benefits for you and your family including
Greece is country of thousands of island, where an ancient civilization meets a rich modern culture. Where endless blue skies meet pristine beaches. Where music, nightlife and delicious cuisine all come together in a rich culture with an incredible legacy. When it comes to expanding your mobility, protecting your wealth, increasing your freedom and improving your quality of life, securing permanent residency in Greece is one of the most affordable and efficient ways to do so.
If you are interested in learning more about Greek permanent residency, please contact us today for your free initial consultation.