BENEFITS:

 

• Lowest minimum investment in EU €250,000

• Residency for 3-Generation families from day one

• Direct access to all Schengen Area from anywhere

• No minimum stay requirements

• No restrictions regarding the choice of the properties

• No need to become tax resident

• Low annual property tax 0,2%

• Free movement: No border controls - no passport stamps

• Great investment opportunities in the local real estate market

INVESTMENT REQUIREMENTS

 

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National Economic Fund Contribution

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For owners of real estate property to obtain a residence permit, an entry Visa is required. That means all applicants are required to visit Greece at least once before submitting their application, even for one day. Pursuant to Law 4251/2014, any third country citizen who has legally entered the country holding any type of entry visa or who is a legal resident of the country, regardless of their status or residence permit type, has the right to apply for a residence permit. Once the residence permit is issued, and throughout its duration, there is no further need for an entry visa.
 

Duration & renewal of the Golden Visa

This residence permit is permanent. The holder of the residence permit is however required to renew it every five (5) years. More specifically, residence permits may be renewed for the same duration and for as many times as the applicant requests. To renew the residence permit, the following conditions must be met:
 

• The real estate property should remain in the full ownership and possession of the applicant.

• The relevant leases/contracts should be ongoing.
   

There is no minimum-stay requirement for applicants, in order to retain or renew their residence permits. Reselling the real estate property to another third country citizen, while the residence permit is still in force, results in the new owner being entitled to a residence permit and the
seller’s residence permit being revoked.

 

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Real Estate Investment
 

Applicants may purchase a property for a minimum of US$300,000
in a pre-approved real estate development area. The property must
be owned and maintained for a minimum of five years. Property
registration, processing fees and taxes must be paid in addition to the
property purchase.

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WHY CHOOSE GREECE?

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Greece is strategically located at the crossroads of Europe, Asia, and Africa. The Aegean Sea lies to the east of the mainland, the Ionian Sea to the west, and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin and the eleventh
(11th) longest coastline in the world at 13,676 km (8,498 mi) in length, featuring a vast number of islands, of which 227 are inhabited.

Greece is a democratic and developed country with an advanced high-income economy, a high quality of life and a very high standard of living. Greece is one of the founding members of the United Nations, as also the tenth (10th) member to join the European Communities (precursor to the European Union) and has been part of the Eurozone since 2001. English is widely spoken.

Climate: temperate, mild, very long periods of sunshine. Greece holds over 300 days of sun a year averaging out at eight and a half hours a day with a short mild winter season.