Living by the sea and travelling across Europe visa-free
The Greece Golden Visa program was launched in 2014. The most popular investment option is the purchase of a residential or commercial real estate for €250,000.
Greece requires the least amount of investments in real estate among EU countries granting residence permits by investment. Moreover, the property can be rented out. The investor can get permanent residence and sell the property in five years.
Investors don’t have to take Greek language proficiency tests or history exams. They are also not required to live in Greece to renew their residence permit.
Visa-free travel to the Schengen countries
Greek residents can spend up to 90 days out of 180 in any Schengen country without a visa.
Moving to Greece and creating a “safe haven”
A residence permit allows the holder to visit Greece at any time, even when the borders are closed to tourists. At the same time, moving to the country is the investor’s right, not an obligation: the program doesn’t require living in Greece permanently.
Tax optimisation
If foreign investors become Greek tax residents, they can use benefits. The investor pays a flat tax on their global income — €100,000 per annum. The investor’s close relatives can also take advantage of the benefit and pay €20,000 per annum. Without the exemptions, the global income tax is levied on a progressive scale of up to 45%.
EU citizenship in seven years
If the investor lives in Greece for five years, they can get permanent residence. After another two years, such a permanent resident can apply for citizenship. The applicant qualifies for citizenship if over 18 years old, has no criminal record or deportation history, and has integrated into Greek society. From 2021, all citizenship applicants hold a written exam in the language, culture, history, geography and governmental system. Greece allows its citizens to hold several passports. Investors don’t have to give up their first citizenship if their country of origin doesn’t require it.
Greece offers investors seven options for getting a residence permit by investment. Six of them are related to the purchase or rental of real estate.
Real estate purchase €250,000+
The investor can buy residential or commercial real estate in Greece. The property can then be rented out. Five years later, the investor can sell it and return the money.
The investor can own the property. Another option is to register real estate to an EU-based company of the investor owns 100% of its shares. A couple can own one property together only if each of them invests at least €250,000. For example, if a couple buys property for €500,000.
If the property was purchased before 2014, it could qualify for the program. The property price must have been at least €250,000 when the investor purchased it or applied for the Golden Visa.
| Purchase of real estate | €250,000 |
| Fees, taxes, translation of documents, and legal and notary services when buying real estate | About 10% of the property value |
| State fee |
€2,000 for the investor,
+€150 per adult family member |
| Medical insurance | €300+ per applicant |
Renting a hotel or tourist residence for 10 years €250,000+
Purchase of land plot for construction or agriculture €250,000+
Timeshare for 10 years €250,000+
Inheriting real estate or receiving it as a gift €250,000+
Purchase of securities or opening a bank deposit €400,000+
The spouses and two children of 9 and 17 years old.
| Contribution to the state fund | Purchase of social real estate | Purchase of property of the second or third type | |
|---|---|---|---|
| Investment | $195,000 | $175,000 | $200,000 |
| State fee | _ | _ | $75,200 |
| Due Diligence | $15,500 | $15,500 | $15,500 |
| Other fees and charges | $3,294 | $3,294 | $3,294 |
| Total | $213,794 | $193,794+ | $293,994+ |
Our Compliance & Anti Money Laundering officer examine Investor documents, Applicant only need to provide Passport, We do ensure the privacy and confidentiality of the client.
1 Day
Government Approved Agents' Lawyers prepare the list of personal and financial documents required to apply for Citizenship Program, Include Passports, Birth and marriage certificates and Bank Statement, Lawyers fill out all the sate forms themselves and certify copies of documents: Investor only need to sign
2 to 4 Weeks
We submit the required documents and the application to the government department dealing with the citizenship or residence permit by investment program on behalf of our clients. The government department starts its Due Diligence check when the applicant pays the Due Diligence fee. All family members over the age of 16 included in the application have to undergo this check.
2 to 6 Months
We submit the required documents and the application to the government department dealing with the citizenship or residence permit by investment program on behalf of our clients. The government department starts its Due Diligence check when the applicant pays the Due Diligence fee. All family members over the age of 16 included in the application have to undergo this check.
Upto 3 Months
The investor's passport and naturalization certificate are usually produced within 4 weeks of the fulfilment of the investment condition. They are delivered to the address indicated by the investor in the application.
4+ Weeks
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Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.
