GREECE GOLDEN VISA PROGRAM
Greece has a golden future in store for you
In accordance with the Immigration and Social Integration Code, the government of Greece now grants Golden Visas to individuals who qualify. Following Law 4136/2013, as revised by 4251/2014, Greece has enacted measures to facilitate the permanent residency of non-EU citizens. Third-country citizens can now get a permanent residence by buying a home worth a minimum of €250,000. This may be renewed every five (5) years.
In exchange for a minimum investment of €250,000, non-EU citizens and their immediate families (spouse, children under 24 years old, and either or both sets of parents) can obtain permanent residency in Greece within two to three months under the Greece Golden Visa (permanent residency permit) ("PR") program. This particular scheme is one of the most sought-after among EU member states, giving eligible individuals freedom to live and travel freely in the EU with ease.
- Application processing time is approximately two to three months.
- Visa-free travel is available in all EU and Schengen zone countries.
- Investment type: Real Estate.
- A minimum investment of 250,000 EUR would be required.
- Your immediate family is included in your application (spouse, children under 21 years old, and either or both sets of parents).
- Flexibility: No minimum stay.
- For properties constructed after 2006, VAT (24%) is not applicable.
PROGRAM REQUIREMENTS
Criteria for Participation In The Greek Golden Visa Program
In 2013, Greece launched its residence-by-investment program, the Golden Visa Program, making it possible for non-EU nationals and their families to obtain permanent residence permits in Greece. Every five years, residence permits are often renewed.
- At least €250,000 must be spent on a property (new or resale).
- Opening a bank account requires a Greek Tax Identification Number (TIN).
- Each applicant and family member must submit four photos (where applicable)
- A copy of the applicant's passport and/or the passport of any family members (certified by the Greek authorities with a valid entry visa) must be provided
- Documents such as marriage and birth certificates are required (where applicable).
- Proof of medical insurance is required.
KEY ADVANTAGES
Key Benefits of The Greece Golden Visa Program
One of the most affordable residence-by-investment programs granting European admission is the Greece Golden Visa Program. After applying, successful applicants and their families can enter Europe's Schengen Area without a visa in two to three months.
- It takes approximately three months for a fast-track procedure to be completed.
- Families of applicants, including their parents and parents-in-law, are eligible.
- As long as the applicant's property remains in their name, the visa will automatically renew every five years (the applicant may also sell and buy a new property during this period).
- Travel to any European or Schengen country without a visa.
- It is not necessary for you to live in Greece.
- You are entitled to rent the property and receive a return on your investment.
- If the building permit was issued after January 1st, 2006, there is no VAT (24%) on the purchase of properties.
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