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Residency by investment
Greece
Residency by investment
Greece Golden Visa
Greece's Golden Visa is an affordable residency by investment program in a nation with a high standard of living, stunning natural beauty and Mediterranean climate. If you've dreamed of living in Greece, this could be your chance to make it a reality.
GREECE GOLDEN VISA (GGV)
AN OVERVIEW
Greece’s Golden Visa is an affordable residency by investment program in a nation with a high standard of living, stunning natural beauty and Mediterranean climate. Established in 2013, the program offers residency rights in exchange of investment in Greece to the investors and their families. This residency helps them to travel visa free in 27 Schengen countries.
If you have ever dreamed of an idyllic life along the blue coasts and under the golden sun of Greece, the Greece Golden Visa program could make that a reality
The Greece Golden Visa program offers a straightforward path to gaining residency rights in an EU country with a stunning Mediterranean lifestyle. The minimum value of investment in real estate is €250,000 on Greek mainland or the Islands.
The processing time for Greece Golden Visa is approximately 4-6 months.
Benifits of
Greece golden visa
The Greece Golden Visa program offers some appealing benefits that make it an attractive option for investors seeking residency in Europe.
Access the Schengen Area
Gain the right to travel freely within the 27 European countries of the Schengen Area, including Greece. No more worrying about visas for short trips and vacations.
Inclusion of Family
The residency permit extends to your spouse and any children under 24. Your family can enjoy the same rights and benefits. Parents and in-laws are also included in the dependents list.
You Don't Need to Spend Time in Greece
There is no requirement to live in Greece to maintain your residency. You only need to visit once every 5 years to renew your permit. This gives you flexibility to split your time between countries.
A Path to Citizenship
After 7 years of residency, you and your family are eligible to apply for Greece citizenship. Gaining citizenship provides even greater travel freedom and stability.
Program
Requirements
The most popular choice is to buy property worth at least €250,000. You have the freedom to rent out, sell or retain the property. Many investors choose property in Athens, Crete or the Greece islands which often see strong rental yields and capital appreciation.
The alternative is an investment of at least €250,000 in Greece government bonds which have a minimum holding period of 5 years. While lower risk, returns are typically lower than property.
In addition to the investment, you’ll need to pay a flat fee for the residence permit, submit health insurance for you and your dependents, and may need to provide proof of income. Residency is granted for 5 years and renewable. After 5 years, you can apply for permanent residency or citizenship in Greece. Your children under 21 also get residency and the time counts towards citizenship eligibility.
Who Can Get
Greece Residency
The Greece Golden Visa program allows the main applicant, their spouse, and their children under 21 to obtain residency.
As the primary applicant, you must invest a minimum of €250,000 in Greek real estate to qualify for residency. Your age should be over 18 and should be a non-EU national. The property can be residential or commercial.
Your spouse is eligible to apply for the Greece Golden Visa along with you. They do not need to make an additional investment. Must be 18 years old and a non-EU citizen.
Unmarried children under 21 years of age can be included in a family application. They will receive residency for the same duration as their parents. Once they turn 21, they will need to apply for their own Greece Golden Visa by making an eligible investment in real estate.
In order to establish their relationship as parents of an investor or spouse, individuals are required to provide tangible evidence or documentation confirming their kinship to get Greece Golden Visa.
Application Process
MONTHS 1
Client onboarding process
Client onboarding at Caribbean Islands Immigration Services starts with Form 1 to conduct the initial evaluation. After a successful screening, we'll send you a Client Agreement (CA) for your review and signature.
After we receive the duly signed agreement and the retainer payment, our legal team will promptly handle all the required government forms and supporting paperwork. Additionally, you will be required to enter into a sales and purchase agreement with the developer. We will act as the intermediary between you, the property developer, and the Hellenic Republic Ministry of Migration and Asylum, ensuring smooth communication and coordination.
MONTHS 1-2
Application review and submission
Before you submit your documents, we carefully go through your application to make sure it meets the Ministry of Migration and Asylum's requirements. Our legal team will do a final check before sending the necessary forms.
The Ministry will then do their own checks and review all the paperwork. We will maintain close communication with them during the process to ensure your application is handled promptly and efficiently. Once you apply, the Ministry of Migration & Asylum will provide a receipt that can be used as a temporary residence permit while waiting for the application decision.
MONTHS 4-6
Golden Visa issued
The Ministry will carefully review your application, and if it gets approved, you will need to fulfill all the required payments and fees to proceed. Once that is done, Caribbean Islands Immigration Services will take care of sending you all the necessary residence certificates.
Frequently Asked
Questions
To qualify for the Greece Golden Visa, you must invest a minimum of €250,000 in real estate in Greece. This can be a residential or commercial property, or land. The investment must be retained for at least 5 years.
The application process typically takes 4-6 months. Once your application is submitted, it goes through a thorough review by government authorities. If approved, you will receive your residency permit (Golden Visa) which is valid for 5 years. You must renew the permit every 5 years to maintain your residency status.
Yes, you can include your spouse, children under 21, and financially dependent parents in your Golden Visa application. Once you are approved, your family members will also receive residency permits that are valid for 5 years.
As a Golden Visa resident, you are not required to pay income taxes in Greece on income earned outside of Greece. You will still need to pay annual property taxes on any real estate you own in Greece. Capital gains taxes may apply when you sell your Greek property.
Yes, after 7 years of residency, you can apply for Greek citizenship through naturalization. You must meet additional criteria such as time spent in Greece and knowledge of the Greek language and culture.
Book Your Free Consultation
Why our clients count on us?
Caribbean Islands Immigration Services provides a full range of Citizenship & Residency program based on investment from basic advice and consultation to application document checking and full representation – all at competitive rates.
We operate in complete transparency and provide tailored solutions, based on our client’s needs, while always being fully compliant with Government rules and regulations.
Speak to our consultant and start your journey today
- 27 schengen countries to explore
- €250,000 minimum requirement
- 4-6 months processing time