The Golden Visa Program is primarily an investment opportunity. The favorable terms of the program as well as the fast-growing Greek economy enable the investor to achieve quick and reliable return on investment as well as profitable options to re-sell at a higher price in the future.
The non-European investor becomes a property owner in the most promising house market in Europe, as Greece is currently bouncing back from a 10-year recession period. The budget deficit has been slowly declining, while the stabilization in the Greek economy and the rising economic indexes have increasingly triggered the interest of foreign investors during the last 3 years.
With the Greek Golden Visa, the investors are granted free, unrestricted, unlimited travel in the European Schengen Zone (26 COUNTRIES).
The Greek Golden Visa offers the most favorable terms in Europe, as it has the lowest investment threshold in comparison with all other European residency permits, requiring the purchase of one or several properties totaling at least €250,000.
Not only this program offers the lowest investment threshold in Europe but is also one of the fastest schemes as the residence permit can get issued in less than 12 weeks*.
* Timeframe is indicative and can vary due to workflow, season, holidays, etc.
Greece is strategically located in the heart of the Mediterranean. Its location at the crossroad of Europe, Asia and Africa allows easy access to all three continents, while every European country can be reached in less than four hours from Greece.
Both the Greek culture, a large journey into history and art, and its climate are good reasons to visit or even live in Greece. Greece is renowned for its dry summer climate and its mild winter, while both the mainland and the islands essentially see 365 days of sunshine a year. Greece is also widely considered to be the cradle of Western culture and democracy.
From world famous archaeological sites to magnificent landscapes, there are many reasons why Greece is the perfect destination for everyone. Whether you prefer calm beaches and breath-taking sea views, or you wish to enjoy the vibrant modern cities, Greece has something to offer to all types of lifestyle. With its extensive coastline, Greece has a plethora of beaches that seduce everyone.
Together with the investor, family members will also be also granted a Golden Visa, and after 7 years they are all eligible for a Greek passport. More specifically, the investor’s wife, children up to 21 years old (which can be extended to the age of 23 in case of unmarried children), parents and spouse’s parents are all eligible to obtain the Residency Permit.
With the Greek residence permit scheme, the investor is not obliged under the Greek law to pay taxation on foreign income or salary outside Greece.
With the Greek Golden Visa, the investor is not required to live in Greece prior, during or after the application.
After 7 years of residency the investor together with family members can all apply for the Greek citizenship and passport.