Greece Golden Visa Program

Greece is situated between the junction of Europe, Asia and Africa. The capital City Athens has remanence of Greece’s rich historical past dating back to 800 BCE.

Greece is considered a major European business centre and is regarded as one of top holiday destinations globally. Consisting of the mainland and thousands of islands spread across the Aegean and Ionian seas Greece’s popularity continues to increase as both a tourist and residential destination.

Greece is a member state of the EU and this allows residence the freedom of movement within the Schengen area, access to renowned health care, education and a sound rule of law. The Greece Golden Visa Program is one of the most affordable and well rewarded residence-by-investment Programs in the EU.

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Greece Golden Visa Program

Greece is situated between the junction of Europe, Asia and Africa. The capital City Athens has remanence of Greece’s rich historical past dating back to 800 BCE.

Greece is considered a major European business centre and is regarded as one of top holiday destinations globally. Consisting of the mainland and thousands of islands spread across the Aegean and Ionian seas Greece’s popularity continues to increase as both a tourist and residential destination.

Greece is a member state of the EU and this allows residence the freedom of movement within the Schengen area, access to renowned health care, education and a sound rule of law. The Greece Golden Visa Program is one of the most affordable and well rewarded residence-by-investment Programs in the EU.

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Eligibility Criteria

  • Main applicant must be over the age of 18
  • Applicant must be a non EEA or Swiss National
  • Have suitable maintenance funds available
  • Main applicant and adult dependents must pass required Due Diligence
  • Applicants must be in possession of a valid travel Visa prior to applying

Dependants

  • Spouse of the main applicant
  • Child or adopted child of the main applicant who is under the age of 21
  • Parents of both the main applicant and spousal dependent.

Process and Timeframe

immVest International will strive to ensure that the best option is arrived at prior to engaging. We will then perform an initial due diligence both internally and with our Country specific Delivery Office. Our Client Agreement will then be signed, and relevant Professional Fees will then be payable. Our immVest International Processing office together with our Country specific Delivery Office will begin full preparation on the application prior to submission and visitation (if required).

Step 1: 1-2 days

Pass initial Due Diligence with immVest International

Receive and return Client Agreement

Pay immVest International Professional Fees

Receive Golden Visa Program package from immVest International

Step 2: 4 weeks

immVest begin preparation on required documentation and together with our Real Estate partners look to find suitable property for investment

Sign the required Power of Attorney with Delivery office in Greece, have Greek Tax Identification Number issued, and open Greek bank account

Pay the reservation fee for the chosen property once due diligence on the property has been completed

Step 3: 2-4 weeks

immVest International will then prepare the Visa pre-approval documentation after receiving the Golden Visa Package back from our client

Property purchase must be finalised and proof of this to be included

immVest International and Delivery Office will schedule appointment with the immigration authorities

Step 4: 3 weeks

Your Golden Visa application is submitted to Ministry of Immigration.

You will receive a receipt of application which will grant you temporary residence until the final permit has been granted. This is valid for 1 year. The required biometrics for the Permit can then be done immediately or within six months of applying.

Application is then reviewed, and due diligence carried out by the Ministry of Immigration

Step 6 – 3 weeks

Applicants will then be required to visit Greece for the submission of the biometrics, the Golden Visa will then be issued 30-60 days later.

immVest International will then have the Golden Visa delivered.

Investment Required

  • The purchase of property in Greece to minimum value of EUR 250,000, plus the applicable taxes.
  • Valid Health Insurance which is recognised in Greece must be held by all applicants
  • All the essential documentation that accompanies the application for an immigration permit must be duly certified, along with a translation of the same documents into the Greek language.
  • A valid visa is needed at the beginning of the application process in order to enter Greece.

Benefits

  • Visa-free travel within Europe’s Schengen Area
  • Opportunity to rent out the investment property
  • Eligibility to apply for citizenship after seven years of residence
  • Residence applies to the whole family (married spouse, children under 21 years old, and parents of the main applicant and spouse)
  • No requirement to reside in Greece
  • Residence permits can be acquired within 30-60 days
  • Unlimited expiry date of residence permit
  • Permit holders may hold shares and receive income from the dividends of a company registered in Greece. They are, however, not allowed to be employed in Greece.

Let's Connect

Our team of experts is available to discuss any queries you may have and guide you through this process. Get in touch with us to set up a meeting at your convenience.