As an EU member state, Greece provides its residents and citizens with a range of reassuring advantages, such as high standards of safety and security, great educational opportunities, strong healthcare services, and a reliable legal system.
What are the benefits of the Greece Golden Visa Program?
Freedom to travel within the Schengen Area without a visa.
No obligation to live in Greece.
Residence permit with no expiration date.
Requirements of the Greece Golden Visa Program
Launched in 2013, the Greece Golden Visa Program is a residence-by-investment initiative that allows non-EU nationals and their families to acquire permanent residence permits in Greece, with the option to renew them every five years.
Real estate investment qualifying options
– EUR 250,000: Investment in specialized real estate aimed at converting commercial properties into residential use or restoring listed buildings, regardless of location or size.
– EUR 400,000: For property purchases in Greece, the investment must be made in a single property with a minimum area of 120 sqm.
– EUR 800,000: For property purchases in Athens, Thessaloniki, and islands with populations exceeding 3,100 inhabitants.
Other alternative qualifying options
– A time-sharing or lease agreement for hotel accommodations or furnished tourist residences with a duration of 10 years and a value of at least EUR 400,000 or EUR 800,000, depending on the location zone.
– A fixed-term deposit of a minimum of EUR 500,000 with a Greek financial institution.
– A capital investment of at least EUR 500,000 in a public limited real estate investment company that exclusively invests in Greece and increases its share capital; or in a closed-end investment company or mutual fund; or in a Greek-based company for share capital increase or bonds issued for trading on regulated Greek markets or multilateral trading facilities.
– Acquisition of Greek government bonds worth at least EUR 500,000, with a remaining maturity of no less than three years, through a Greek credit institution.
– Purchase of shares, corporate bonds, or Greek government bonds traded on regulated Greek markets or multilateral trading facilities, with a total acquisition value of at least EUR 800,000.
– Acquisition of shares or stocks valued at a minimum of EUR 350,000 in a mutual fund that exclusively invests in shares, corporate bonds, or Greek government bonds traded on regulated markets or multilateral trading facilities in Greece, or in an alternative investment fund established in Greece or another EU member state, focused solely on investing in Greece.
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