Greece
Greece is considered the cradle of Western civilization, Greece features a vast number of islands – between 1,200 and 6,000, depending on the definition, 227 of which are inhabited – and is considered a non-contiguous transcontinental country. Crete is the largest and most populous island; Euboea, separated from the mainland by the 60 m-wide Euripus Strait, is the second largest, followed by Lesbos and Rhodes.
Golden Visa allows unlimited renewals every 5 years.
Visa-free travel to the 26 Schengen member states.
No residency requirements to qualify for renewal. Must simply maintain the investment in the country.
Include spouse, dependent children, & dependent parents.
The Greek Golden Visa Program was introduced by the Government of Greece in 2013 to allow investors the opportunity to acquire residency by investing in Greece.
Golden Visa Permit Program
The Greece Golden Visa Program is one of the most affordable residency programs in Europe. Receive residency and travel visa free throughout the Schengen Zone in as little as 3-6 months. Applicants and their family are entitled to live in Greece, but are not required to reside in the country to maintain residency.
REAL ESTATE (ACQUISITION)
Minimum Investment – €250,000
Applicants are required to make an investment of at least €250,000 in Greek real estate. The applicant can invest in one or several properties as long as the total value meets the €250,000 minimum.
REAL ESTATE (HOTEL ACCOMODATION OR TOURIST RESIDENCE)
Minimum Investment – €250,000
Applicants may choose to instead lease a furnished tourist residence or hotel accommodation for a minimum of ten years with a minimum value of €250,000 and paid in full upon signing the contract.
INVESTMENT IN SECURITIES OR BANK DEPOSIT
Minimum Investment – €400,000
Applicants may choose an intangible investment in Greece in the form of securities or a bank deposit at a minimum of €400,000. The categories of investment are:
- Capital investment in a company registered in Greece.
- Greek government bonds
- Bonds or shares of real estate investment companies
- Deposit in a Greek bank
- Corporate or government bonds (€800,000 minimum)
BUSINESS INVESTMENT PROJECT
Minimum Investment – €250,000
Applicants may choose to invest in a project which has a positive impact on national development and the economy (ie. job creation, innovation, or promotion of domestic resources) as assessed by the Ministry of Development and Investments. Multiple investors may combine to make a joint investment, with each investor receiving residency if they meet the minimum investment of €250,000. In addition, company executives may receive residency depending on the overall company value.
| LOCATION: | Southeast Europe, Mediterranean Sea |
| CAPITAL CITY: | Athens |
| TOTAL AREA: | 131,957 km2 |
| TIME DIFFERENCE: | UTC+2 (Summer – UTC +3) |
| LANGUAGE: | Greek |
| RELIGION: |
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| GOVERNMENT TYPE: | Unitary parliamentary republic |
| CURRENCY: | Euro |
| GDP (PPP)(PER CAPITA): | $29,045 USD |
| POPULATION: | 10,569,703 |
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