Greece Golden Visa – How to Get Residency in Greece

Residency by investment programs
September 27, 2023

Are you considering an international move or looking for ways to expand your business opportunities? Look no further than the concept of a Golden Visa. This innovative program allows individuals and their families to obtain residency in a foreign country by making a substantial investment.

One country that has gained significant popularity as a destination for obtaining residency through investment is Greece. The Golden Visa program in Greece offers numerous advantages. Firstly, it provides investors with the opportunity to live, work, and study in Greece without any restrictions. This means that you can fully immerse yourself in the Greek way of life while enjoying all the benefits that come with it.

Additionally, obtaining a Golden Visa in Greece opens up travel opportunities within the Schengen Area. This means that you can freely explore and visit 27 Schengen member countries without having to apply for separate visas. It's like having a key that unlocks endless possibilities.

Investment Options for Residency

Navigating the Greece Golden Visa program opens a pathway to obtaining residency through strategic investments, presenting a unique opportunity for international investors. The program offers various routes to secure your place in Greece and hassle-free travel within the Schengen Area as an icing on the cake.

Golden Visa Greece: Real Estate

Prospective investors have the liberty to select from diverse investment avenues, tailored to their preferences and aspirations. For those eyeing the attraction of real estate, the Greece Golden Visa program permits investment in real estate properties starting at a minimum value of EUR 250,000. This threshold does not exclude associated taxes, underlining the significance of meticulous financial planning.

Suppose you're captivated by the charm of premier destinations such as Athens, Santorini, and Thessaloniki. In that case, it may apply a slightly elevated minimum investment threshold of 500,000 EUR aligns with your aspirations, positioning you for a substantial foothold in these coveted locales.

This investment choice brings more than just residency; it offers a chance to engage with the Greek landscape in a meaningful way. As a Golden Visa applicant, not only will you relish the convenience of travel within the Schengen Area, but you'll also establish a connection with Greece's culture and lifestyle, making your investment an enriching experience in every sense.

Golden Opportunities Through Bonds

Alternatively, the allure of the Greece Golden Visa program extends to financial instruments. This option is a gesture to investors to explore Greek government bonds with a minimum acquisition value of EUR 400,000. It's an avenue that transcends mere residency, contributing directly to the nation's economic growth.

For those aiming higher, the acquisition of shares or corporate bonds requires an investment value of EUR 800,000. This commitment not only entitles you to apply for the Greece Golden Visa but also positions you as a significant contributor to the nation's economic prosperity.

As you embark on this journey, bear in mind the regulations and guidelines governing this program. The acquisition of bonds necessitates engagement through a credit institution rooted in Greece, ensuring that transparency and security are maintained throughout the investment process.

Unveiling Your Pathway

The options within the Greece Golden Visa program paint a vibrant picture of opportunities waiting to be explored. Whether you're drawn to the potential returns of real estate investments or inspired by the thought of contributing to Greece's growth through bonds, each path leads to a unique destination. 

To discern the optimal route for your journey, it's essential to align your financial aspirations with your risk tolerance and long-term objectives. Seek the counsel of experts well-versed in the intricacies of the Greece Golden Visa application, allowing you to make a well-informed choice that resonates with your unique circumstances. 

Golden Visa Eligibility Criteria in Greece

As only chosen applicants will be eligible to receive their residency permit in Greece you need to be able to show the aim from your side towards the country as well. The process of getting it all done can sometimes be exhausting and you need a hand to complete the process successfully. If you're eyeing a Golden Visa in Greece, here's what you need to know about qualifying:

- Non-EU/EEA Citizenship: Being a citizen from a non-EU/EEA country is your first step.

- Age Requirement: You need to be at least 18 years old to apply for the Golden Visa.

- Clean Criminal Record: A clean record is a must, ensuring your path to residency remains clear.

- Medical Insurance: Your application should include proof of medical insurance coverage for you and your family.

- Good Character and Ethics: Demonstrating good character is key to making your application stand out.

Eligibility demands a history free of criminal records. As you pursue a Golden Visa Greece real estate path, a clean record sets the stage for your Greek venture. Investments kick-start at EUR 250,000, tailored to diverse appetites. For those drawn to Athens, Mykonos, Santorini, Thessaloniki, and more, a slightly higher threshold of EUR 500,000 awaits, opening the door to prime locations. The realm of residency benefits embraces your family too. Not just you, but your spouse, children under 21, and parents of the main applicant and spouse can become part of the journey.

Moreover, the year 2021 marked a positive change – you can now start your application without physically visiting Greece. This makes the process more accessible, aligning with the principles of the Golden Visa in Greece.

Benefits of the Golden Visa

In the realm of international residency, a world of possibilities awaits through the Greece Golden Visa program. Even though becoming a Greece resident means paying Income taxes to the country, the Greece Golden Visa comes with many big benefits that will never give you hardship. 

Visa-Free Travel: While income taxes might dim the light, the brilliance of visa-free travel within the Schengen Area shines through, letting you traverse diverse cultures and experiences with ease.

Pathway to Citizenship: As you navigate the intricacies of work permits, remember that the Golden Visa isn't just a short-lived document. It's a stepping stone towards potential Greek citizenship in a mere seven years.

Inclusive Family Bonds: These setbacks fade in significance when contrasted with the joy of inclusive family benefits. Embrace your loved ones on this odyssey, sharing in the wealth of experiences that Greece offers.

Diverse Investment Horizons: While the nuances of work permits may appear complex, the palette of investment options is elegantly simple. Real estate, bonds, and more beckon you to chart your financial course.

Guided Exploration: While income taxes might cast a minor shadow, the radiance of expert guidance shines brightly. Navigating the seas of investment options is made smoother with our seasoned navigators by your side.

Greece Golden Visa Obtaining Process 

The journey to achieving permanent residency in Greece through investment unfolds along a path marked by both essential and achievable steps. This journey leads you from aspirations to actualization, guided by a straightforward route that holds the promise of a new life in a land steeped in history and opportunity. Let's break it down into simple stages: 

Pick Your Investment Program

Start by choosing where you want to invest – in real estate, a business, or government bonds. This decision shapes your journey and is the most essential step when starting the voyage.

Meet Requirements

Ensure you qualify for the Greece Golden Visa program. This means understanding what's needed and making sure you're eligible. To complete this process you will require an assistant from a law firm like Mirabello Consultancy.

Gather Your Papers

Get your documents ready to complete a meticulous golden visa application. This is like collecting the pieces for a puzzle that shows you're right for the program.

Make the Investment

Your investment is the key. Whether it's buying property, getting into business, or choosing bonds, this is how you sail towards permanent residency. Getting your head lost in the process is realistic and having a law firm consulting with you during the process will keep you away from many headaches. 

Show the proof of Investment 

As time goes on, collect proof of your investment. This is one of the most important steps to do right when aiming to get a permit in the Greece golden visa.

Apply for Residency

Submit your application. After the admission process you will receive the confirmation as we work hard to reduce the rejection possibility to nearly 0%. 

Timeline and Processing

Staying rooted in Greece as a beneficiary of the Golden Visa holds simplicity and assurance. With a straightforward and secure process the process of obtaining your second home far away from home becomes more enjoyable. Here are the steps on how you can manage your journey after receiving residency in Greece. 

Renewing Residency in Greece 

Renewing your residency permit every five years becomes a breeze, and with fast moving technologies it evolves even faster. 

Charting the Golden Visa Timeline

Embrace the journey from your first step to permanent residency, knowing that the average timeline for the Greece Golden Visa spans between 3 to 5 months. Your unique journey is influenced by various factors that shape this experience.

Investment Crafting Residency

Investing a minimum of  €250,000 or €500,000 (based on the area within Greece) isn't solely about property; it's about sculpting your future. Our team stands ready to assist you in selecting a property that mirrors your aspirations, making your investment resonate on a personal level.

Stability Amid Adjustments

In a world where change is a constant, it's reassuring to know that minor adjustments occasionally occur. Importantly, these tweaks don't disrupt your well-being or residency. History reflects that significant shifts have not impacted lives, anchoring your path.


How to Become Eligible for Greece Residency by Investment programs? 

To be eligible for Greece's Residency by Investment programs, the first step is to fulfill the citizenship criterion – you must be from a non-EU/EEA country. Age is your ally, as being at least 18 years old sets the stage for your venture. As you stand on the threshold of this opportunity, a clean criminal record and medical insurance coverage serve as your companions, ensuring your ethical standing and health are in place.

Greece's cultural tapestry is woven with threads of character and values, and demonstrating good character is a cornerstone of eligibility. Now comes the intriguing part – choosing an investment path. Will you invest in real estate, diving into the allure of Greece's landscapes? Or will you venture into business and innovation? Government bonds also beckon as an investment avenue. Your financial prowess and proof of funds are key elements that signify your commitment to this journey.

These simple steps add up to something big – a chance to call Greece your permanent home. The Golden Visa isn't just paperwork; it's an opportunity to invest in a new life. With each step, you're writing your story, making a connection to Greece that lasts. So, take the journey and get ready to put down roots in a place that's waiting to welcome you with our help. 

Is the Greece Golden Visa worth it?

As with every important decision, there are pros and cons, however, when it comes to the Greece Residency by Investment program, it is definitely worth listening to.

Here are the pros for you to consider for residency in Greece:

Residency in a Vibrant Nation: The Greece Golden Visa offers a gateway to residency in a country steeped in history, culture, and breathtaking landscapes.
Visa-Free Travel: Holding a Greece Golden Visa grants you visa-free travel within the Schengen Area, opening up the possibility of exploring numerous European countries.

Potential for Citizenship: In as little as seven years, the path to Greek citizenship emerges. This offers broader opportunities and the chance to become a part of Greece's legacy.

Investment Options: The program's flexibility allows you to choose between real estate, business ventures, and government bonds. 

Family Inclusion: The benefits extend to your family – spouses, children, and parents can all partake in this journey.

What is the minimum investment for the Greece Golden Visa?

The minimum investment for the Greece Golden Visa in 2023 program varies depending on the type of investment and the location. Minimum Investment amount starts from €250,000 EUR. For Minimum Investment in Real Estate in certain areas the investment amount starts from at €500,000 EUR.


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