Greece Golden Visa
From 250,000 EUR
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Greece Golden Visa
Greece has been a Member of the European Union since 1981 and the Schengen Area since 2000. Greece has become a Eurozone Member in 2001. Greece launched Golden Visa program in 2014 and has since accepted numerous applicants.
The main applicant must be at least 18 years of age, and eligible dependents include the spouse of the applicant, children under 21 years of age as well as parents of both the applicant and the spouse without any further conditions (unlike in many other programs). Only Non-EU Applicants may apply for this program and there are no restrictions to nationalities. Health insurance is required.
Requires considerably low investment when compared to other programs. Applicants have a right to live in Greece and apply for the citizenship after 7 years of residence should they wish to do so and should they comply with the requirements. The main benefits of the program include the right to travel within the Schengen Area for 3 months within 6 months period. There are no minimum stay requirements to obtain the residency status. Real estate investment can be made anywhere in the country. There are no requirements for it to be a low-density vs. high-density area.
Minimum stay requirement
There are no minimum stay requirements to obtain the residency status. However, those willing to apply for the citizenship will be required to reside at least 183 days within a year for seven years as well as be a tax-paying resident in Greece.
Language test is not required when applying for Greece Golden Visa. However, should you wish to apply for the citizenship after 7 years of residency, you will be asked to sit for the Greek language test and to demonstrate your knowledge of the country.
The process of becoming a resident under Greece Golden Visa program takes around 6-12 months. Residency cards renewed after 5 years. After 7 years of residency in Greece and complying with the requirements of the program one has a right to apply for the Greek citizenship, which is then subject to additional tests.
You will not be taxed on a worldwide income unless you reside in Greece for more than 183 days a year, hence becoming a tax resident. There is a flat 7% tax rate for the first 10 years on all foreign income from real estate investments, pensions, and other foreign sourced income.
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Main applicant may include spouse and unmarried financially dependent children up to the age of 21. Once children reach 21, they lose their PR status.
Yes, we are able to provide you with the 360 degree service in terms of the property investments. We will be able to give impartial property advice, send the property profiles by email and organize comprehensive viewings on your first visit.