REAL ESTATE INVESTMENT IN GREECE
Before applying for Greece Residency, investors need to purchase the property.
The Greek Golden Visa Program, initiated in 2013, presents an exclusive chance for non-EU citizens and their families to acquire a five-year residency by investing in real estate. Through this program, investors can gain a renewable Greece Residence Permit, enabling them to enjoy extended stays in the country.
Residing in Greece is not a required.
An interview or language proficiency test is not required.
There is no requirement for education or management experience.
The Greek Golden Visa offers visa-free travel within the Schengen area without further documentation or visas.
The program also allows you to stay in any other Schengen country for up to three months every six months, with the right to multiple entries.
Non-residents are not subject to income tax in Greece, except for rental income generated from the property in Greece.
The Greek residency permit allows visa-free travel to 27 European countries in the Schengen zone
The Greek residency permit allows visa-free travel to 27 European countries in the Schengen zone
*The list of countries is subject to variations depending on each government's policy and so is access to these countries.
To be eligible for residency in Greece through the residency by investment program, applicants must invest in real estate anywhere in Greece to obtain the Golden Visa.
Before applying for Greece Residency, investors need to purchase the property.
There are government fees to pay in addition to acquiring real estate.
In addition to the required investment, there are other costs for the Greece Residency by Investment Program, which are Citizenship Invest professional fees, documents certifications when applicable, courier fees, and other small disbursements. Please get in touch with us if you wish to receive a detailed quotation outlining all costs.
Your first two weeks of obtaining the Residency with Citizenship Invest (CI) involves the following:
Sign CI Retainer Agreement and make the first payment of CI Professional Fees.
Select a property in Greece (can be done remotely). Once property is selected, CI will prepare the property purchase documentation required for the Residency application.
To acquire a residency in Greece, the client must travel to the country and get their passport stamped.
However, if the client doesn’t have a Schengen Visa, they’ll have to obtain a Greece Tourist Visa from the Greek Consulate in their country of origin or residence.
Once the required property purchase documents are ready, applicants to transfer the funds for the property purchase and taxes.
CI will submit the residency documentation to the government. Applicants must pay Government Fees and Application Processing Fees at this point.
Additionally, CI Professional Fees for file submission is also payable.
Residence approval is issued.
Client to pay final CI Professional Fees before issuance of the residence permit.
Approved clients can either send their passports to CI lawyer or travel to Greece for visa stamping.
The time frame for obtaining the Greek Golden Visa approval depends on the processing time for due diligence and the individual's case.
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The applicant must be a non-EU citizen.
Make a minimum real estate investment of €250,000.
Applicants and family members must have a clear criminal record and sufficient financial resources.
Applicant must have visited Greece at least once before applying for the Golden Visa.
At Citizenship Invest, we assign a dedicated Document Collection Specialist for each case, streamlining the application process and reducing paperwork. We can also obtain the necessary documents on behalf of our clients if requested. Please note that the following list is for guidance only, not legal advice. After assessing your case, we create a customised checklist for a hassle-free document collection process.
Proof of Address:
Proof of Work and Income:
Bank Statements:
“I am grateful to have chosen Citizenship Invest for the Greek Golden Visa program. The process was smooth, and the professional assistance I received made it even easier. Now, I can work remotely while enjoying the benefits of Greek residency.”
“With Citizenship Invest, obtaining the Greek Golden Visa was a dream come true." My family now enjoys security and access to the European Union thanks to the program. We are currently enjoying a higher standard of living in Greece while continuing to expand our global business interests.”
“I recommend anyone considering the Greece Golden Visa program to apply through Citizenship Invest. Throughout the process, the CI team was extremely helpful and attentive to every detail. Even during the tough times of COVID-19 restrictions, they were able to get our Golden Visas.”
“I was blessed to enjoy the benefits of the Greece Residency by Investment Program." It was a good choice for my family because of the financial prospects, tax breaks, and residence benefits. And having Citizenship Invest has made the process quick, secure, and simple.”