Greece
The popularity of its mythical stories and picturesque countryside has helped Greece to sustain its standing as one of the most popular countries in Europe. Once termed as the “Cradle of Western Civilization”, more than 80% of the land area is engorged with mountains, hills, and valleys. In addition to being a full-fledged EU member, the country is also a member of multiple international organizations such as the NATO, OCED, WTO, and OSCE to name a few.
A Greek residence permit brings with it several advantages including visa-free travel across the Schengen area and free access to public healthcare and education. The citizenship by investment program offered by Greece is still in its initial stages. As of now, the country only provides Greek passport to expats who’ve lived in the country for a minimum of 10 to 12 years. An alternative route to reside in the country is to obtain a Greece residence permit by making a minimum investment of 250,000 EUR.
Our team here at Passport Legacy is composed of experienced professionals who help you attain a residence permit in Greece with ease. Place an Inquiry or Contact us today and let us help on your way to become a full-fledged Greek Citizen.
Residency by Investment Program – Greece
As mentioned, Greece does not currently offer a citizenship program. They in turn have a residency by investment program that was launched in 2013. Through this scheme, aspirants can acquire a Greek residency by acquiring a real estate property worth 250,000 EUR or more. The residency permit also bestows upon its holder a “Golden Visa” which allows them to travel to other EU countries for 90 days in between every six months. The Golden Visa once acquired is valid for a time frame of five years and can be renewed “n” number of times.
- Applicants are not required to reside in the country during the application process
- The process takes approximately 40 – 90 days
- Your spouse, parents, and children up to 21 years of age can be clubbed into this investment
- Applicant must not have any criminal record
- Should possess a valid medical insurance
- Individuals require a work permit to be employed in Greece but have the right to establish a business
- Taxes need to be paid for income generated within the country; however, no tax is required to be paid for income generated outside the country
- It can be renewed after five years