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How to Get Greece Residency? Greece Residency Visa Programme Requirements

May 31, 2022

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Residence by investment programs are founded upon the national laws and regulations of the country in which they are offered. The Greek residency program presents a broad application criterion, as it is open to all non-European citizens who are over the age of 18. Prospective investors are also presented with a wide selection of possible investment options to secure alternate residency.

What is the Greece Golden Visa?

The Greece Golden Visa offers permanent residency to its holders through an investment in real estate. This program affords immediate five-year residency in Greece to the investor and their immediate family members, as well as visa-free travel in the Schengen Zone, which includes countries such as Italy, France, and Switzerland.

What Are Greece Residency Requirements? A Broad Criteria

This Greece residency by investment option is only open to investors who do not presently hold citizenship from a country in the European Union. As of 2021, applicants are no longer required to conduct applications in person and may apply for the program remotely. They should also adhere to the following criteria:

  • Present a clear criminal record.
  • Provide evidence of a significant investment in Greece.
  • Obtain health insurance from a company operating in Greece.

Benefits of the Greece Golden Visa

As a member state of the EU, Greece offers many reassuring benefits, including:

  • No requirements to live in Greece for any duration to renew the residence permit.
  • The option to rent out your property after the final purchase has been made.
  • Access to Greek education and healthcare
  • A non-expiring residence permit.
  • Applicable residence to all members of the family (including a spouse, children under the age of 21, and parents of the main applicant and spouse).
  • Eligibility for a Greek passport and citizenship after seven years of residence.
  • Ability to hold shares and receive income from the dividends of a company registered in Greece.

Which Types of Investments Qualify for Greece Residency

Greece offers an extensive range of investment opportunities for residency that can be considered before commencing the application process, including the following options:

  • A real estate property with a minimum value of €250,000.
  • A lease agreement with a tourist establishment for a period of 10 years

A low investment threshold in a promising market

Among the Golden Visa programs in Europe, Greece has the lowest investment threshold, as you can invest as low as €250,000 in property to qualify for the program. Investors can consider the following options:

  • Real estate investment in a property with a minimum value of €250,000
  • A 10-year lease agreement for hotel accommodation or furnished tourist residences in tourist accommodation complexes
  • A 10-year time-sharing agreement for hotel accommodation

Obtaining Residency in Greece with Passport Legacy

Passport Legacy is an approved agent for the Greece Golden Visa Program. You can arrange a free Greece residency consultation by contacting one of our client advisors for information about the application process and the benefits offered by this program.  Our team will assist you in the process of obtaining and completing the required documentation for Greek residency and facilitate the entire application process.

Conclusion :

  • The Greece Golden Visa is one of the easiest and cheapest ways to get a European residency by investing. starting with a minimum real estate investment of €250,000.
  • This EU Golden Visa grants a five-year renewable residency permit, which includes visa-free travel in the Schengen Zone and the right to reside in Greece long-term.
  • Eligibility for a Greece investor visa:
    1. Purchase a real estate property that is worth a minimum of €250,000
    2. Purchase Greek government bonds worth €400,000
    3. Confirmed investment sources
    4. Applicants must be 18+ years of age, Must have no criminal record.
  • Maintaining residency in Greece does not require applicants to reside there permanently, providing greater flexibility for global investors and families who choose to live in other countries.
  • The program also extends to immediate family members, including spouses, dependent children, and even parents—adding long-term family value.
  • Property investors have the opportunity to generate rental income while also working toward eligibility for Greek nationality after seven years, which can open the door to European Union citizenship and full passport privileges.
  • The application procedure is simple and efficient, and can be carried out remotely by appointing a legal representative. From gathering the required paperwork to receiving final approval, the entire process typically takes less than three months.
  • Thanks to its competitive entry cost and minimal residency obligations, the Greece Golden Visa stands out as a top choice for individuals looking to combine a desirable lifestyle, visa-free travel, and long-term peace of mind within the EU.

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Other Programs We Offer

Passport Legacy is a trusted residence and citizenship by an investment firm recognized for delivering best immigration services globally. Passport Legacy specializing in citizenship and residence by investment programs, comprises internationally licensed lawyers, investment advisors, and immigration experts. Our dedicated team of professionals are recognized for delivering the best dual citizenship,passport and visa services. Trust Passport Legacy to be your reliable partner to support on your path to a successful global future.

Frequently Asked Questions (FAQ’s)

What is the difference between citizenship and residency by investment programmes?

Citizenship by investment programmes may not require physical residency and can grant citizenship within 2 to 6 months. Residency by investment programmes grant residency within 3 months but not citizenship. To obtain citizenship through residency programmes, applicants must comply with legal requirements, such as residing in the country for a certain time and paying taxes. However, not all residency programmes lead to citizenship, as it's at the discretion of the government.

How much does it cost to apply for a second passport?

The minimum investment for a second citizenship by a single applicant is USD 100,000 which is the cost associated for for St. Lucia and the Commonwealth of Dominica's CBI programmes. Please contact us for an exact price breakdown.

Do we need to pay the full amount upfront?

Passport Legacy's CBI programmes require payment in three installments. The first payment is 5%, the second payment is 25%, and the final payment, which amounts to 70% of the total cost, is due after receiving Approval in Principle.

What documents are required?

To start the process, applicants need to provide us with KYC (know your customer) documents such as a passport copy, birth and marriage certificates, police certificates, bank reference, and health clearance. Some documents may require translation or legalisation, but our client advisors will guide you through the process.

Do I need to renounce my original passport?

Acquiring a second citizenship by investment in any country does not usually require renouncing one's original nationality under the citizenship law of the country where citizenship was obtained through investment.

How do I book an appointment for a consultation?

You can reach us by phone or email anytime. We currently have offices in the UAE (Dubai), Nigeria (Lagos and Abuja), Lebanon (Beirut), Singapore and Pakistan (Lahore). We are due to open a branch in Europe in the near future.

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