Greece Golden Visa
The Greek permanent residence program provides the lowest cost entry route for obtaining residency in the EU. Greece offers immediate residency rights to foreign nationals who purchase real estate in Greece for 500,000 euros.
Invest in real estate of at least 500,000 euros to travel visa-free in the Schengen area.
The Greek government launched the “Greek Residential by Investment Plan” in 2013 to enable real investors to obtain residency rights in Greece by investing in real estate. The five-year residence permit can be renewed every five years thereafter, provided that the applicant still owns the property. Greece offers a direct route to residence and no minimum residence period requirement. The application process is fast and there are more opportunities to apply for citizenship after the set deadline.
Benefits
- 100% of real estate investment in Greece.
- Immigrated to Europe with my family.
- Travel freely in Schengen countries.
- Citizenship after 7 years of residency.
- No language test, no business experience, no medical test.
- There is no minimum residence requirement.
In order to qualify for the Greek golden visa, you can make €500,000 euro real estate investment in Greece. You will receive residence permit valid for 5 years and then renewable after then. No requirement to live in Greece.
The Government processing time is about 4 months. Greek citizenship possible after 7 years of uninterrupted living in Greece. You have to pass the Greek language test.
Buying and registering the property:
- transfer tax: 3.09% of the property value
- registration tax: from 0.475% to 0.775% of the transaction value
- notary fee: 1.2% of the transaction value
- legal fee: 1.2% of the transaction value
Applying for visa:
- stamp duty: €500
- legal fees: €1,000 per principal applicant and €500 per family member
