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Revealing the Greece Golden Visa: Your Path to European Residency
Embark on an enriching journey towards securing permanent residency in Greece with the esteemed Greece Golden Visa Program. Tailored for non-EU citizens seeking residency in Greece, this investment program offers a pathway to obtaining a permanent residence permit through investments in Greek real estate or other assets.
Initiated in 2013, the Greece Golden Visa Program facilitates the acquisition of a five-year residence permit in exchange for a €250,000 investment in Greek real estate. However, this threshold is doubled to €500,000 in specific municipalities such as Athens, Thessaloniki, Mykonos, and Santorini. The program extends to include family members, providing a collective opportunity for residency in Greece and visa-free travel within the Schengen Zone.
Key Features of the Greece Golden Visa Program
Minimum Investment Amount: €250,000
Processing Time: Six months
Minimum Stay Requirement: None
Exploring the Advantages
Residency Rights in Greece
The Greece Golden Visa grants individuals and their families the right to reside in Greece without imposing any restrictions or minimum stay requirements. This residency privilege extends access to public healthcare services and educational opportunities.
Visa-Free Travel within Schengen Area
Holders of the Golden Visa enjoy the freedom of visa-free travel within the Schengen Zone, encompassing 26 European countries with streamlined border controls.
Family Reunification
Applicants may include their immediate family members in the program, allowing spouses and children under 21 to benefit from the advantages of the Golden Visa. Greece’s Golden Visa program offers an Extended Family advantage, enabling the inclusion of parents and even the parents of the spouse without additional requirements.
Low Investment Threshold in Real Estate Market
Greece boasts one of the lowest investment thresholds among Golden Visa programs in Europe. While a €250,000 investment in Greek real estate is standard, certain areas like Athens, Thessaloniki, Mykonos, and Santorini have seen their minimum investment threshold doubled to €500,000 since July 31, 2023.
Double Taxation Agreement
Depending on the applicant’s residence status and time spent in Greece, there’s a possibility of international income not being taxed in Greece. This allows applicants to continue business activities outside Greece and benefit from tax advantages. Greece offers tax incentives to foreigners residing in the country, with specific incentive programs tailored for certain groups.
Application Requirements
To be eligible for the Greece Golden Visa, applicants must meet the following criteria:
- Be a citizen of a country outside the EU/EEA.
- Be at least 18 years old.
- Have a clean criminal record.
- Hold valid health insurance for themselves and their family.
- Possess good character and reputation.
Seize the opportunity to secure permanent residency in Greece through the Greece Golden Visa Program. Reach out to Bayraktar Attorneys today to embark on this transformative journey towards a new chapter of prosperity and fulfillment in Greece.
Unlock the doors to European residency with Bayraktar Attorneys as your trusted guide. Contact us today to explore the possibilities of the Greece Golden Visa Program and take the first step towards realizing your dream of living in Greece.
Discover the allure of the Greece Golden Visa Program and embrace the opportunity to elevate your life in Greece.
Explore Greece’s captivating landscapes, rich cultural heritage, and economic prospects, showcasing why it stands as a prime destination for global investors and residents.
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