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.
RESIDENCY BY INVESTMENT
- Beautiful country with extraordinary beaches.
- Opportunity to study, live and conduct business in EU member state.
- Family included (children & parents).
- No minimum residency required.
- Quick process that needs approximately 40 days.
- Obtaining Schengen residence card.
- Eligible for Greek citizenship after 7 years.
- The least expensive residency programmed in Europe.
- Freedom of travel throughout Schengen zone.
Starting from 2013 ‘the cradle of Western civilization’ Greece offers foreign nationals a permanent residency status or so called ‘Golden visas” in exchange of investments in the real estate. Since 2019 Greek government allows other forms of investments to qualify for ‘Golden Visas’, including purchase of 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. Foreign nationals purchasing a real estate in Greece with a minimum value of EUR 250,000 are eligible to apply for permanent residency status valid for 5 years. It can be renewed indefinitely for another 5 years period each time, if the property investment is retained. Non-EU citizens have the right to obtain Greek citizenship if they maintain permanent residency status for 7 consecutive years and spend at least 180 days in Greece each year. Greek ‘Golden Visa’ entitles the holder to enjoy visa-free traveling in the Schengen Area for 90 days every 6 months, while Greek Passport allows visa-free travel to up to 183 countries worldwide. In November 2019 the Greek government has reformed its tax system making property investments even more attractive.
Obtaining permanent residency permit or ‘Golden Visa’ in Greece is advantageous in many ways:
The main applicant for the Greek ‘Golden Visa’ program can include his/her family members in the application:
- • Spouse;
- • Unmarried children under the age of 21 years (can be extended to the age of 24);
- • Parents of investor and spouse with no age limits.
Bayat legal Services’ compliance team will conduct an internal due diligence.
Qualification assessment, KYC and background security check.
Study the application, sign the retainer agreement, prepare tailor made list of documents and application preparation.
Purchase the property, submission, file review, due diligence process.
Final decision, approval letter issuance.
Golden visa issuance.