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Greece Residency

The Greece Golden Visa program was launched in 2014.

The most popular investment option is the purchase of a residential or commercial real estate for €250,000.

Greece requires the least amount of investments in real estate among EU countries granting residence permits by investment. Moreover, the property can be rented out. The investor can get permanent residence and sell the property in five years.

Investors don’t have to take Greek language proficiency tests or history exams. They are also not required to live in Greece to renew their residence permit.

 

Get a Complementary Consultation

€250 000+

Investment amount

6 months

Obtaining perios

7 years

of residence is required to apply for citizenship

5 years

Return of real estate investment

Benefits of Residency in Greece

1

Visa-free travel
to the Schengen countries

Greek residents can spend up to 90 days out of 180 in any Schengen country without a visa.

 
2

High level of infrastructure

High level of medical care and education

3

Tax optimization

If foreign investors become Greek tax residents, they can use benefits. The investor pays a flat tax on their global income — €100,000 per annum. The investor’s close relatives can also take advantage of the benefit and pay €20,000 per annum.

Without the exemptions, the global income tax is levied on a progressive scale of up to 45%.

4

No residency requirement

Absence of requirements for residence in the country before and after obtaining a residence permit

5

EU citizenship in 7 years

If the investor lives in Greece for five years, they can get permanent residence. After another two years, such a permanent resident can apply for citizenship.

From 2021, all citizenship applicants hold a written exam in the language, culture, history, geography and governmental system.

Greece allows its citizens to hold several passports. 

Terms of investment through the purchase of real estate

1 option
Real estate purchase €250,000+

The investor can buy residential or commercial real estate in Greece. The property can then be rented out. Five years later, the investor can sell it and return the money.

The investor can own the property. Another option is to register real estate to an EU-based company of the investor owns 100% of its shares. A couple can own one property together only if each of them invests at least €250,000. For example, if a couple buys property for €500,000.

If the property was purchased before 2014, it could qualify for the program. The property price must have been at least €250,000 when the investor purchased it or applied for the Golden Visa.

2 option
€250,000+

Purchase of land plot for construction or agriculture €250,000+

3 option
€250,000+

Timeshare for 10 years

4 option
€250,000+

Inheriting real estate or receiving it as a gift

5 option
€400,000+

Purchase of securities or opening a bank deposit

Explore our portfolio of Greek
apartments and villas for sale

  • Start from AED 915 000

Areos Park Residences

  • Start from AED 915 000
Greece
  • 785 Sq Ft
  • Apartment, Programs, Residential
Details
2 years ago
2 years ago

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