Residence by Investment Overview
The Greece Golden Visa Program is considered one of the most affordable residence by investment programs that provide access to Europe. Successful applicants and their families are able to benefit from visa-free access to Europe’s Schengen Area within two months of applying.
Investment
Real estate investment of EUR 250,000
Processing time
Three-six months from submission of the application to approval
Key benefit
The right of free movement to Greece and Europe’s Schengen Area
Benefits of Pursuing Greece’s Golden Visa
As mentioned, there are a number of rich benefits to consider when applying for the Greece Golden Visa. Whether investors are trying to travel more freely around the European Union, find respite from dangerous circumstances in their home country, or enjoy tax benefits, the Greece Residency by Investment Program has it all. Some of the most popular benefits are:
Travel Benefits
With a Greece Golden Visa in hand, investors can travel to any country in the Schengen Zone for up to 90 days out of every 6 months. The countries in the Schengen Zone are notoriously challenging to obtain visas for, so having visa-free access to them is a major benefit of this program.
Tax Benefits
Becoming a Greek tax resident can bring monetary savings to investors because this allows each investor to pay a flat fee on their income instead of a percentage basis. Primary investors can choose to pay a flat annual tax of €100,000 no matter how high their income is.
Real Estate Purchase
Both commercial and residential properties are considered eligible investments for the Greece Golden Visa Program as long as the investment is €250,000 or more. This investment option allows the purchased real estate to be rented out if the investor does not wish to use it as a residence in the country. After five years, the investor can sell the property and enjoy a return on their investment.
Bank Deposit
With a minimum bank deposit of €400,000, investors are eligible to obtain a Greece Golden Visa.
Greece Citizenship
If investors reside in Greece full-time for five years while holding a Greece Golden Visa, they can then apply for permanent residence. After holding permanent residence status for two years, individuals can apply for citizenship. A great part of applying for Greek citizenship is that the country does not require applicants to surrender their previous citizenship, unlike many other countries in the European Union.
Applicants are eligible for Greek citizenship only if they do not have a criminal record, and have integrated into the country. Applicants will be required to take a written exam that contains language, culture, history, geography, and government-related questions.
QUICK ENQUIRY.