Greece Golden Visa

 

What is the Greece Golden Visa Program?

The Greece Golden Visa is a residency-by-investment program that offers a fast track to obtaining a Greek permanent residence permit. It allows eligible non-EU citizens to acquire a permanent residence permit in Greece by making a investment in the country.

 

The benefits of Greece Golden Visa

  • Lowest Investment Requirement in Europe
  • Family Inclusion: Includes dependent children and parents of both spouses
  • Fast Residency: Permanent residency within 3-5 months
  • Renewable Residency: Every 5 years, Lifetime
  • No Residency Obligation: No need to live in or visit Greece after obtaining the visa
  • Investment Opportunity: Potential for high returns
  • Security and Lifestyle: Enjoy a high quality of life with excellent healthcare, education, culture, and natural beauty

 

iLand offers a comprehensive solution for obtaining a Greek Golden Visa and maximizing your return on investment. Our curated selection of properties in Greece not only meets the visa requirements but also provides diverse opportunities for long-term or short-term rental, construction, or resale.

 

Our Greece Golden Visa Services

  • Property Selection: Our experts have carefully evaluated each property for its price, location, and condition.
  • Legal Assistance: We guide you through obtaining a Greek Tax Number and Bank Account, the entire purchase procedure, including Property purchase and registration in relevant organizations. Our legal team handles due diligence checks and represents your interests throughout the acquisition process.
  • Golden Visa Application: We prepare and submit your Golden Visa application and assist with obtaining your Temporary Residence Permit.
  • After-Sales Support: Enjoy ongoing support for property management, maintenance, rental, or resale.

 

Latest Changes to Greece Golden Visa in 2024

The Greek Golden Visa program has undergone significant changes in 2024, impacting the minimum investment requirements and property eligibility criteria. Here are the key updates:

Increased Minimum Investment:

  • High-Demand Areas: For properties located in high-demand areas such as Athens, Thessaloniki, Mykonos, and Santorini, the minimum investment has increased to €800,000.
  • Other Areas: For properties in other regions of Greece, the minimum investment is now €400,000.

Stricter Property Requirements:

  • Minimum Size: Properties must be at least 120 square meters in size.
  • Long-Term Lease: Investors must commit to long-term lease arrangements for the purchased property.
  • No Short-Term Rentals: Properties cannot be used for short-term rentals, such as through Airbnb.

Commercial Property Conversions:

Investors can still invest €250,000 in properties that are being converted from commercial to residential use.

 

The procedures of Greece Golden Visa

We can handle the entire Golden Visa procedure for you, both remotely and in person. The total time to obtain your permanent residency card is typically between 3 to 5 months. Here's a breakdown of the steps involved:

  • Choosing the Property: Our team will present a selection of properties that meet your investment goals and visa requirements.
  • Legal Checks for the Property: Our legal team will conduct thorough due diligence on your chosen property to ensure a smooth and secure transaction.
  • Bank Account Opening: We will assist you in opening a Greek bank account for the transfer of investment funds.
  • Fund Transferring: You can securely transfer the required investment amount to your new Greek bank account.
  • Notary Office procedures: A notary public will oversee the signing of the property purchase contract.
  • Property Purchase Contract: Our legal team will review and finalize the property purchase contract to protect your interests.
  • Applying in Immigration Office: We will prepare and submit your Golden Visa application to the Greek Immigration Office.
  • Traveling to Greece for legal procedures: One trip to Greece is required to complete some final legal procedures and provide biometric data.

 

Greece Golden Visa Investment Requirements:

The minimum investment required for a Golden Visa is purchasing the property with at least 250,000 Euros value

 

Greece Golden Visa Residency Cards, Obtained by iLand team