Introduction

The Greece Golden Visa program entitles practically all non-EU citizens and their families to acquire a five-year renewable Greece residency status with an investment in the real-estate of just €250,000.

The Greece Golden Visa is the most competitive and affordable residency program in Europe. Greece is of strategic importance and location, also among the top European countries in regards to investments in real estate property.  By investing in the real estate market in Greece, the foreign buyers gain their access to other EU countries.

Golden Visa
BENEFITS

Enjoy the  12 most significant benefits of Greece Golden Visa Residency

  • New Home- New Beginning

The Golden Visa Residency offers a new country and a new life to the investors and their families.  You can start a new life for yourself and family.  You can enjoy the rights of public health services and education among others.

  • The whole family is eligible

The Greek Golden Visa Program is an extraordinary opportunity because it includes other family members as well. In terms of eligibility the Golden Visa Greece Program does not apply to the investor alone, but  to his/ her spouse, their children  up to 24 years of age, provided they are still dependent on their parents. It also includes the parents of both spouses, (grandparents).  Large families can really benefit from the Golden Visa Program, through healthcare, insurance policies, and pension programs.

  • It offers an advantage to singles and couples

The Greek Golden Visa Program allows unmarried partners and same sex couples to benefit from the same investment in Greece. An amendment to the law was voted in 2018, allowing couples with a cohabitation agreement in Greece to benefit from the Program. All that is required is to get a cohabitation agreement in Greece and then invest €250,000 for a Golden Visa and enjoy its benefits like everyone else.

  • Flexibility

No minimum residence time period is required.  Contrary to most EU countries issuing Golden Visas, you do not even need to live in Greece in order to renew the residence permit.  You can keep renewing it every five years, as long as you still own your investment.

  • Easy to Renew

Every 5 years it has to be renewed by just appearing before the appropriate state administrative authority that will confirm the ownership status.  The residency permit remains as such provided that the purchased property is still owned by the same, initial foreign investor.

  • Highly competitive program

In comparison to other European Residence Programs, the Greek is the most favorable towards families as it includes specified family members with no other investment requirements or considering their financial situation.  On the other hand, for other countries family members must be either financially dependent on the property owner or invest an additional fixed amount as the case may be.

  • Best quality life-style

Depending on your country of origin, Greece is bridging the gap between the Eastern and   Western world. Greece offers what every family seeks, safety, quality of life, culture, civilization, history, social life, diverse yet most beautiful landscape but most importantly the best Mediterranean climate and hospitality.

  • Children are given good education

Your children can get a proper education in the country’s schools, or at internationally recognized schools in Greece. When they finish high school they can continue their university studies either in Greece or at European university at a reduced tuition cost.

  • Increases your income

The Greece Golden Visa Program is a lot more beneficial and profitable than respective programs of other EU countries.  The foreign investor has the opportunity to rent out the purchased property.  The foreign buyer has the right to  rent or run the real estate investment from the very first day of its purchase. For additional income increase, the property owner can hold shares and receive income from the dividends of a company registered in Greece.  Nevertheless, he cannot seek other employment in Greece.

Greece is a top travel destination worldwide, so the demand for long and short term accommodation not only in Athens but across the country and especially on the islands, has reached its peak in recent years.  Therefore, investors who do not wish to stay in Greece can choose to rent their property. The income earned from their property in Euro provides them with greater financial security.

  • EU Schengen Zone and World Travel

The program gives you free European travel anywhere within the EU Schengen Zone.  Greece has become a travelers’ center with flights connecting all of its big cities with most major locations all over Europe, USA, Canada, North and South America, Africa, Australia. In addition, most popular Greek Islands have direct flights with International Airports.  This makes traveling either for business or pleasure so much more convenient.

  • Citizenship

After seven consecutive years of residing and paying taxes in Greece you can apply for your Greek citizenship.  Children are eligible too if they have attended school or university in the country. Here you should be able to demonstrate some fundamental ties to the country, and some knowledge of the Greek language and culture.

  • Greek Passport

It is important to say that all EU citizens enjoy free access to employment, travelling, education, healthcare across the whole range of the 28(for now) countries of the EU. The Greek passport is the most useful means you need  to travel not only within the EU but practically to all countries with the exception of only a few.

All you need to know about buying a property in Greece

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Conclusion

It goes without saying that the Greece Golden Visa is beyond competition. It is by far the best choice for people wanting to enjoy a better quality life.  And at the same time, they enjoy their freedom of movement, traveling and residing in the country they believe is best for them and their family.

A professional property consultant can assist you by dealing with this particular part of the process on your behalf allowing you to dedicate your precious time to your own business schedule. If you are interested in further details, do not hesitate to contact us or you can book a complimentary free consultancy session at your convenience.