Greek Investment Visa: Residence Permit

In accordance with Law 4251/2014 non-EU nationals and their family members with the acquisition of property in Greece of at least €250,000 may obtain a residence permit and access to the EU Schengen zone.

Non-EU nationals may obtain permanent residency for at least five years (which is renewable) with an option to become a citizen after seven years.

The investment residence permit allows freedom of travel throughout the European Union Schengen zone.

The applicants’ family members will likewise be granted entry visas with the same application. This includes spouses and children under the age of twenty-one, and also direct relatives in the ascending line of both spouses (eg. parents of the spouses).

 

RESIDENCE PERMIT APPLICATION

Our Firm has been involved with the Investment Visa Program since its inception by the Greek Government in 2013.  Real Estate & Real Estate development specialization coupled with market and investment know-how and a vast network of associated companies puts us in a unique position to offer a complete range of services regarding your investment and the application procedure.

These services include legal and commercial assistance provided throughout the duration of the transactions; Including inter alia:

1. Application for RESIDENCE PERMIT

a. The application process takes approximately forty days from the time of investment until the resident permit is issued.

b. Applicants living in Greece can apply for citizenship and a passport after seven years.

c. Applicants have the right to live in Greece although it is not necessary to live in Greece.

d. The permanent residency enables all family members to travel throughout the European Union schengen region.

2. Sale & Purchase agreement

3. Land registry check

4. Property selection through Greece (ie) inland or mainland

a. Private residence

b. Investment properties (in this case residence permits are granted for up to 10 years) Law 3894/2004

•  This concerns investments considered to be strategic
•  Right to Residence Permit is granted to up to ten persons in order to implement investment.

5. Property can be sourced across the spectrum

a. Residential properties

b. Commercial properties

c. Rental properties

d. Hotels etc.

6. Opening of bank account            

7. Application for a tax identification number

8. Tax Opinion regarding the purchase

9. Management Services

a. Rentals

b. Maintenance

c. All manner of supervision and repair

d. All property and taxation payments