GREECE GOLDEN VISA PROGRAM
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Greek Residency by Investment program
The Greece Golden Visa Scheme
The Greece Golden Visa scheme is granted by virtue of the Immigration and Social Integration Code. Pursuant to the Law 4136/2013 as amended by 4251/2014, Greece has introduced provisions to facilitate the residency of Non-EU nationals in Greece.
The Greece Golden Visa (permanent residency permit)(“PR”), is one of the most popular programsamongst the EU countries, granting residency in Greeceandenabling an entire non-EU family, includingdependent children, up to the age of 24 and the parents of both spouses, to obtain the PR within 3months, with a minimum investment of €250.000. Thisparticularschemeisone of the most competitivePR schemes in Europe, offeringthe applicant and his familyeligibility andfreedom to live freely in the EUand to travel with ease.
According to recent amendments in the Greek Permanent Residency Scheme (Greece Golden Viza), with effect as from May 1, 2023*, the amount for investment in properties in the following areas of Greece increases from EUR 250.000 to EUR 500.000:
- North, central and south regional units of the region of Attica;
- Municipality of Vari – Voula – Voyliagmeni in the Attica Region;
- Municipality of Thessaloniki in the Region of Central Macedonia; and
- Regional units of the islands of Mykonos and Santorini in the Region of South Aegean.
* In so far as the investments made in the above areas and with regards to which payment of at least 10% is made until April 30, 2023, the investors may complete their investment until December 31, 2023.
REQUIREMENTS OF THE GREECE
GOLDEN VISA PROGRAM
The Greece 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. The residence permits may be renewed every five years.
KEY ADVANTAGES OF THE GREECE
GOLDEN VISA PROGRAM
The Greece Golden Visa Program is considered one of the most affordable residence-by-investment programs that provide access to Europe. Successful applicants and their families are able to benefit from visa-free access to Europe’s Schengen Area within two to three months of applying.
All you need to know before you apply for the Greek Residency by Investment Program.
Greece is strategically located at the crossroads of Europe, Asia and Africa and is comprised of 11 different geographical areas. Greece has the largest coastline on the Mediterranean Basin and has the 11th longest coastline in the world, with a climate of 300 days of sun per year with a short mild winter season, making it an excellent holiday destination for people all over the world.
Greece is surrounded by Albania, North Macedonia, Bulgaria and Turkey to the north, the Aegean Sea to the east, the Ionian Sea to the west and the Mediterranean Sea to the south. The capital of Greece, Athens, has been standing for over 7,000 years, making it one of Europe’s oldest cities. The population of Greece is roughly 11 million people, whereby 40% of the population live in Athens. Greece has been a full member of the EU since 1989 and a Eurozone Member since 2001.
Greece has a thriving culture and economy and has always been a budget-friendly destination. Greece & the Greek Islands are known for 3 things: ancient civilization, amazing landscapes and high developed tourism. Greece is a democratic and developed country with an advanced high-income economy, a high quality of life and a high standard of living.
Greece has been voted as one of the safest countries with the lowest crime levels in the EU, which is one of the many reasons that it is considered as an ideal destination for permanent residence for non-European Union nationals to migrate to, not forgetting to mention the high quality healthcare and education, as well as the stable political climate.
Karitzis & Associates L.L.C is a full service, innovative and forward-thinking boutique Law Firm, situated in Limassol, Cyprus, with offices in Athens, Greece, staffed with a dedicated team of dynamic professional lawyers, providing integrity, efficiency and trust to all clients.
Specializing in all aspects of Greece, Cyprus and EU immigration law, our firm’s Immigration Department takes pride in its responsiveness, efficiency, reliability and diligence in servicing our clients in a cost-effective, time-efficient and highly qualitative manner. Our dedicated team is always eager to take on a new challenge, and our expertise in the field of immigration law guarantees that we are the right people to trust for achieving the desirable outcome, irrespective of the nature and degree of difficulty of your case. Over the years, we have had the pleasure of successfully representing various individuals and their families, interested in migrating to Greece by mean of acquiring the permanent residency status (“Golden Visa”).
CONTACT OUR EXPERTS
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.