European Residency

There are a number of countries in Europe now offering golden investor visas that result in residency and potential citizenship of the EU. These programs allow individuals with high net-worth to live, work, study, and receive healthcare in their new country of residence. In recent years, private clients have become increasingly interested in the possibility of relocating to a suitable country or establishing multiple residences as part of their international planning.

Greece

Greece has a strategic location in the Southeast Europe is at the crossroads of Europe, Asia, the Middle East, and Africa. Greece and is a member of the EU, Eurozone, and the Schengen Agreement

The country is considered one of the most popular tourist destinations worldwide – about 16.5 million tourists visit Greece every year

The Greek Residency Golden Visa Program is a residence-by-investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. Applicants are granted a 5 year residency which can be renewed every 5 years, provided that the real estate property is still owned by the applicant.

Country Overview

capital

Athens

AREA

131,957 Km2

population

10.72 million

Language

Greek

Min. investment

EUR 250,000

VISA-FREE

29 EU Countries

Timeframe

3 Months

Legal Basis

  1. On the 18th April 2013, Greece introduced Law 4146/ 2013. It offers a renewable five-year Greek residency visa to foreign nationals who invest at least 250,000 Euros into residential real estate that is physically located in Greece. A residence permit for five (5) years is issued and can be renewed indefinitely (for a 5-year period each time), provided that the real estate property is still owned by the applicant. However, the residence permits do not allow a right to employment of any type.

Advantages

  • Greek residency gives you the right to live and study in Greece
  • Visa-free travel within Schengen zone
  • Right to Greek citizenship after living 7 years
  • No stay requirement
  • Possibility to rent the property 
  • Entire family is eligible
  • Option to buy several real estate to make up the investment
  • Minimum entry point investment for EU residency
  • Access to world-class universities offering low tuition fees
  • Free access to Greek healthcare 

Main applicant

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks

Eligibility

DEPENDENTS

  • Spouse of the main applicant
  • Children below 18 years 
  • Adult children above 18 years in full time education and financially dependent on main applicant. 
  • Parents of main applicant qualify as long as they prove financial dependency.

Cost

 

INVESTMENT

The Real Estate purchase must be completed before applying for residency.

Minimum Investment: EUR 250,000 Plus VAT

OTHER FEES

Professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.

 

29 EU

COUNTRIES

Greece – Free Countries

* Visa on arrival

SCHENGEN AREA
  • Austria
  • Belgium
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Italy
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malta
  • Monaco*
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • San Marino*
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
  • Vatican City*