6. On the motion of the Directorate of Foreign Investments of the Ministry of Economy and Development, concerning the characterization of the investment and the feasibility of   granting residence permit, the entry and residence of third-country nationals may be permitted in Greece for the implementation and operation of the investment. For financially independent persons. Greece is one of the best options for the second passport if you want to get citizenship in Europe because the real estate investment prices are cheaper than Portugal for example. Purchase of shares of an acquisition value of at least four hundred thousand (400,000) euros in a mutual fund, which has been established in Greece or another country and whose object is to invest exclusively in shares, corporate bonds or Greek Treasury bonds that are listed for trading or traded in regulated markets or multilateral trading facilities operating in Greece. (b) has  personally the full ownership, possession and peaceful enjoyment of real estate property in Greece. 2. Purchase of the real estate property for a minimum of €250 000. 8. The Greek Immigration by Investment programs provide for affluent persons of impeccable standing and repute, including their families, to receive the Greek residency or citizenship (EU passport) on the basis of an investment in Greece. There is no minimum stay requirement and children up to the age of 21 are included in the family application. The session cookie is required for authentication, preference tracking, and other necessary functions to fully engage with this website. It is a cradle of democracy, philosophy, western literature, drama, mythology, science, Olympic Games etc. The Immigration and Social Integration Code (Law 4251/2014, Government Gazette  1, no 80) contains provisions that facilitate the stay of third-country investors, whose investments are characterized as strategic investments, via the provision of extended stay time limits for the representatives of investment bodies and their partners. The duration of validity of the residence permit is for five years and is subject to renewal for an equal period each time, provided the implementation of the investment or its operation is continued after its completion. 5. You will enjoy Greek gastronomy and a beautiful natural environment every day. Moreover, it allows the granting of residence permits to third country nationals and to members of their families, who purchase real estate property in Greece, the value of which exceeds € 250,000. Any number of properties can combine to make up the €250,000 minimum investment. GREECE PERMANENT RESIDENCY: Methods of Investment for Permanent residence permit : - Investment in real estate by 250,000 Euros. Click here to see full Cookies Table. This website uses cookies to manage authentication, navigation, and other functions. 2. By decision of the Secretary General of the Decentralized Administration, residence permit for five years, subject to renewal, is granted to a third country national who: (a) has legally entered the country with any type of visa or legally resides in the country, even if the type of residence permit that he possesses, does not permit change of purpose. Greece has been a member of the EU since 1981 and the eurozone since 2001. Greece is one of the most influential and ancient civilizations of the world. Launched in July 2013 the Greek golden visa program grants a five year residency visa in return for an investment in real estate. The visa is granted for five years and renewed every five years if the property investment is retained. Suitable for: Individuals who are looking for permanent residency for themselves and their families in an EU country, but who are also looking for opportunities that’ll yield good returns. The Directorate for Migration Policy of the Ministry of Migration Policy is responsible for the examination of the application and the decision on the issue or the renewal of the residence permit for the realization of investment activity. The Residency Permit Program of Greece requires investing a minimum of €250,000 + VAT into Real Estate in Greece. Contact through WhatsApp as well, or write a Email. 3. About Greece. Situated at the junction of Europe, Asia, and Africa, Greece is regarded as the cradle of democracy and the birthplace of western civilization. This route provide for non-EU persons to receive Greek residency on the basis of investing in property in Greece. From 2020 there will be the immediate Greek EU passport for investment of 2 million! The ability to travel in Europe is one of the top goals for many seeking residency-by-investment programs, and one of the least expensive and easiest ways to obtain it is in Greece. “ The consideration is paid by a crossed bank cheque to a bank account of the beneficiary, held in a credit institution operating in Greece or with a credit transfer, as defined by Law 4537/2018 article 4, par. 4. Note: The statistical data provided correspond to/reflect the valid residence permits at the moment of their extraction from the database of the Ministry of Migration and Asylum.Therefore, at any subsequent data extraction, the number of valid residence permits per month or per year may increase, given the fact that pending applications are examined by the competent services during the period between two consecutive data extraction dates and relevant new residence permits are issued, with an effective date retroactively corresponding to the date of submission of the application by the interested party. 1, in the Joint Ministerial Decision. Please download here the whole of Law 4251/2014 "Immigration and Social Integration Code and other provisions", which includes all other categories of residence permits. (We are a designed Agent of the Government.). The Greece Residency by Investment Program was introduced by the Greek government in 2013 to enable genuine investors to acquire residency in Greece by investing in real estate. Capital contribution, amounting to at least four hundred thousand (400,000) euros, to a Real Estate Investment Company (REIC) under article 21 of Law 2778/1999 (OJHR A-295), whose object is to invest exclusively in Greece, for the acquisition of stock in an increase of its capital stock. 1. 5. Greece’s currency is Euro (€) since it became a member of the eurozone on January 1, 2001. Call us: +66 99091 8357 Firstly, due to the recent economic crisis, a lot of Greeks are cautious about investing in property. Receive your Greece citizenship and Greece passport through an investment in the country. Citizens have the right to live and work anywhere within the 34 countries of the European Union (EU) Freedom to Travel: Residents enjoy visa free travel in 26 Schengen Member Countries; Citizens 196 countries/territories worldwide. Greece offers investors an affordable and straightforward option to acquire Greek residency and by extension, visa-free travel access to the Schengen countries and is one of the most effective residency by investment programmes. The residence permit shall be issued within five (5) days from the date that the application was submitted. It is not necessary to live in the country in order to retain and renew the investor visa. II. GCI - Global Citizenship by Investment is the first to offer this opportunity to secure a highly respected passport around the world. (c) has the full ownership, possession and peaceful enjoyment of real estate property in Greece via a legal entity, whose shares  are fully owned by him. Greeks comprise 2.1% of the total EU population. Timeline Week 1-2. This is granted through the Greek embassy or consulate within the home country of the applicant. 2 of Law 4002/2011 (Government Gazette 1, no 180). Residency by investment in Greece. - family members of the non-EU/EEA citizen. Reconsider Cookies Joint buyers can combine investments into one property. Change Cookie Consent Applications can be fast-tracked and there's no requirement to permanently reside in Greece. The residence permits, being granted pursuant to the paragraphs 1 and 4 of this Article, do not establish the right of access to any form of employment. Purchase of shares, corporate bonds, or Greek Treasury bonds, which are listed for trading or traded in regulated markets or multilateral trading facilities operating in Greece, of an acquisition value of at least eight hundred thousand (800,000) euro. To the third-country national, to whom has been granted a visa for the realization of an investment, a residence permit shall be granted for the same reason, on procurement of the required documents. Greece offers a straightforward residency route, with no minimum stay requirement. The above are granted, by decision of the Minister for the Interior, a ten-year residence permit, which is renewed for ten years, provided the same requirements are met. The country’s history dates back to 800 BCE and has significantly influenced the language, arts, philosophy, politics, and physical pursuits of the modern world. (either residential or commercial), that can include one or more properties; Max ages that Children can be included on a Permanent residence permit application: - Children below 21 are eligible; Years for Permanent residence … III. A person entre into a timeshare agreement or rent for accommodation in hotels or tourist residences furnished in a tourist facility Joint in Greece for a minimum of 10 years the same amount not less than 250,000 euros. Greece Residency Golden Visa Program. Family members shall mean: a. Term deposit of at least four hundred thousand (400,000) euros, in a domestic credit institution, for at least one year, with a standing renewal order. GREECE. The Golden Visa Program in Greece is an investor visa and it can be renewed indefinitely as long … There is no minimum stay requirement and children up to the age of 21 are included in the family application. For the granting of the residence permit, an application with the required documents is submitted to the Directorate for Migration Policy to the Ministry of Interior, as these are defined, by the provisions of Article 136, par. Greece Residency by Investment. The property, which can be located anywhere on the Greek mainland or the islands, can be either residential or commercial. Greece is a member of the EU Schengen visa zone so holder of the Greek residency permit has the freedom to travel throughout the European Union nations. Greece Investment Immigration Programs Overview. Invest € 250,000 in real estate and get a residence … The VAT level varies dependent on the region and is between 16-23%. Greece is a country with 131,957 km² area and with the population of 10.8 million people. The Gross Domestic Product (GDP) is €176.023 billion, as per 2015. - GCI Global Citizenship Investment part of TCME Group worldwide -, GREECE ECONOMIC CITIZENSHIP BY INVESTMENT, A GREEK CITIZENSHIP BY INVESTMENT PROGRAM COULD ARRIVE SOON. 1. You are likely to be able to invest in publicly traded bonds and shares, as well as in Greek real estate, to get residence. Greece offering residency without citizenship. Greece immigration by investment programs. 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