- +97144308028
- Emaar Business Park, Dubai
- Monday - Friday | 9:00 - 18:00
- +97144308028
- Emaar Business Park, Dubai
- Monday - Friday | 9:00 - 18:00
Greece
Details and Benefits of Greece Residency By Investment
Greece’s residence by investment program, known as the “Greece Golden Visa” was set forth in Law 4146/2013.
The law states that third-country nationals who invest the requisite amount in real estate property(ies) in Greece either personally or through a legal entity whose shares belong to them in its entirety can apply for a Greek Permanent Residence Permit “Greece Golden Visa.”
Greece Golden Visa will be issued within 2-3 months for the investor and his or her family. Permits are valid for 5 years and can be renewed indefinitely as long as the investment hasn’t been liquidated.
Holders of Greece Golden Visa can apply for citizenship after 7 years of legal residence in Greece.
Benefits of Greece Golden Visa by Investment
Ability to reside in Greece without restrictions
No tax obligation for non-residents
Travel visa-free to any of the 26 countries in the Schengen Area
Dependent children up to the age of 21 can be part of the same application
Dual citizenship is allowed in Greece
No language requirements
No residency requirement or interview to get the permanent residence permit
Steps and Timeline
Step 1: Prequalification of the primary applicant.
Step 2: Citizenship Bay and the client enter into a service agreement.
Step 3: If needed, a visit to Greece will be arranged by Citizenship
Bay to view real estate projects and reserve a property.
Step 4: Sign the sales and purchase agreement for the selected property and pay a reservation fee.
Step 5: Transfer the full investment amount to Greece to buy the
property.
Step 6: Advice and assistance are provided to the client with the
preparation of documents and government
Step 7: Citizenship Bay will submit a complete application to the
Ministry of Interior in Greece on behalf of the applicants.
Step 8: Pre-approval is granted after completion of due diligence
and full assessment of the application.
Step 9: Applicants must visit Greece to give BIOMETRICS.
Step 10: Citizenship Bay will receive the applicants’ Greek residency permits (European IDs), and then will be delivered to the client.