GREECE
GREECE

Greece is a country with 131,957 km² area and with the population of 10.8 million people. Greece is one of the most influential and ancient civilizations of the world. It is a cradle of democracy, philosophy, western literature, drama, mythology, science, Olympic Games etc. In addition, the beautiful beaches, food and cultural heritage make it one of the most visited places on earth. Natural beauty, sunny weather, white sandy beaches and beautiful hills give opportunity to any investor to enjoy there with his/her family. Greece is a country which can satisfy any tasty of the world people.

Visa-free travel to
130+ countries

Dual citizenship
allowed

Physical stay
minimal required

Investment start from
Euro 250,000

Greece

RESIDENCY BY INVESTMENT

Greece operates residency-by-investment (RBI) program since 2013, which offers non-EU nationals to obtain a permanent residency status or so called ‘Golden visas” in exchange of investment. Along with a purchase of a realty, other forms of investment are optional, like buying securities and bonds, bank deposits or direct capital transfers.

The Greek ‘Golden Visa’ scheme is one the least expensive program of its kind in the EU. Investors and their family members are eligible to apply for permanent residency status if they purchase a real estate, one or several in Greece with minimum value threshold of EUR 250,000.

Investors can opt for other forms of investments, such as bank deposit, purchase of Greek government bonds or shares in the enterprises or equity funds, but minimum investment requirement for these options starts from EUR400,000. Special lease agreements, valid for ten years, with hotel accommodations or furnished tourist residences, registered with Greek National Tourism Organization (GNTO) can also lead to the Greek ‘Golden Visa’. The Greek RBI program allows investing through corporate entities, with increased minimum threshold though.

Benefits

  • Visa-free access to the EU Schengen Area and right to settle and have a business in Greece.
  • Eligible for the Greek citizenship after 7 years.
  • Family inclusion.
  • Quick and easy application process of 40 working days.
  • Remote application and no residency requirement.
  • Potential for ROI (return on investment).
  • The right to have shares and get dividends from the company registered in Greece, but no right to be employed in Greece.

Investment Options

Purchase of a real estate with minimum value of EUR250,000;
A capital transfer of at least EUR400,000 into a company registered in Greece;
Purchase of Greek government bonds with an acquisition value of at least EUR400,000;
Bank deposit of at least EUR400,000 to a Greek credit institution of at least one year duration with a standing renewal order;
Purchase of shares, corporate bonds or bonds of the Greek government at a minimum value of EUR800,000;
Purchase of at least EUR400,000 worth of equity shares in an equity fund;
Purchase of at least EUR400,000 worth of shares or shares in an Alternative Investment Firm (AIF), which is incorporated in Greece or in another EU Member State and is intended to invest exclusively in real estate in Greece.

Application Process

Step 1

Bayat legal Services’ compliance team will conduct an internal due diligence.
Qualification assessment, KYC and background security check.

Step 2

Study the application, sign the retainer agreement, prepare tailor made list of documents and application preparation.

Step 3

Purchase the property, submission, file review, due diligence process.

Step 4

Final decision, approval letter issuance.

Step 5

Golden visa issuance.