Greece

Greece Golden Visa

From 250,000 EUR

  • Invest 250,000 EUR in real estate
  • or make a capital contribution of 400,000 EUR in either Greek government bonds, or bonds or shares in either real estate investment companies in Greece or in venture funds and private equity that are headquartered in Greece
  • or sign a ten-year lease agreement for hotel accommodation or a furnished tourist residence, provided that the minimum cost of the lease is 250,000 EUR
  • or invest in a plot of land, provided that the cumulative value of the land purchase and the contract with the construction company is 250,000 EUR
  • open a bank account in Greece

For the detailed quote for your family structure please contact us.

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.

Eligibility

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.

Benefits

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

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.

Process

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.

Tax

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.

Also check out our other services

FAQ for Greece is for informational purposes only. To get the most recent update on the program, please speak to our Advisors.

It takes from 6 to 12 months to complete.
If you sell the property, you will lose your PR status.
There is no minimum stay requirement before, during and after obtaining residence status.
For the residency status there is no such requirement, however, should you wish to apply for the citizenship after 7 years of residence, you will be asked to pass the language, culture, geography and history test.
One can apply for Greek citizenship after residing in the country for 7 years during which he/she spent at least 183 days a year.
Greek residence permit holder can travel in Schengen zone for up to 90 days within 180 day period.
A foreign investor may opt for preferential tax rates where one pays a flat tax on their worldwide income, which is 100,000 EUR per annum. Without the exemption global income tax is levied on a progressive scale of up to 45%.

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.

  1. Preliminary Due Diligence.
  2. Investing in a property.
  3. Preparation of documents and submission.
  4. Receiving a residence card.

Kindly contact us to receive the full payment outline for your family structure.