Immigration to Greece by buying Property, Capital transfer, Cost, Rules, processing times in 2021 - Most residency-based investment programs center on investment in the form of investment in real estate, such as purchasing residential properties. Greece Residency Visa Nigeria - for Nigerians citizens to allow business investors to move to Greece and pursue permanent residence permit and citizenship. The amount of the income may be proved by pension abroad, bank account statements or other proof that the person has its own sufficient income, of legal origin, to cover its expenses without being employed or exercise an independent economic activity in Greece. Greek Residency by investment - requirements, residence permit card. Contact us for program details. Benefits of Greece Permanent Residence Permit. Of all European residency by investment programs, Greece offers the most cost-effective investment. But to be eligible for citizenship, rather than just permanent residence, you do need to spend 7 years physically in Greece, living there, for at least half, of the year, so 183 days. Residence Permits for Financially Independent Individuals (CN). While data collection on Residence by Investment programs are limited, it is estimated that EU member states have garnered around 25 billion Euros in foreign direct investment and granted close to 100,000 residence permits in the last decade . >> Cyprus Golden Visa – How to Get Permanent Residency … Three (3) recent colored passport photographs. 1. 3. The Residence Permit includes your family members as well, including children up to 25 years of age. Also, see VisaConnect's PDF document: Greece Residence by Investment in 2018: Family Residency - Full family permanent residency (spouse, children up to 24 years, and parents of the spouse). Such individuals may be accompanied by members of their families to whom a personal residence permit is granted. Greek Citizenship via Real Estate Investment … Greece, officially the Hellenic Republic, is one of the most historic countries. Greece Golden Visa investors can obtain their permanent residence permit in 1-2 months. This website uses cookies to improve your experience while you navigate through the website. The minimum income is 2000 euros / month and in case the person is accompanied by their family, this amount is increased by 20% for the spouse and 15% for each child. Obtaining permanent residency through the Greece Residency by Investment Program grants you seemingly endless benefits and advantages, including unrestricted travel throughout the Schengen Zone. Benefits under the Greece Permanent Residency Program There is no minimum stay requirement for the applicant under the Greek Permanent Residency Program. 2. Obtaining permanent residency through the Greece Residency by Investment Program grants you seemingly endless benefits and advantages, including unrestricted travel throughout the Schengen Zone. Upon their arrival in Greece and until the expiration of their special visa, the applicant applies for the residence permit. So, the Greek government set up the residence by investment program as part of the effort to attract foreign capital to the country. It is a residence-by-investment visa, issued to non-EU citizens who make a significant contribution to the Greek economy. The Greece permanent residence permit program enables an entire non-EU family, including dependent children up to age 24 and the parents of both spouses, to obtain permanent residency status in Greece within just 3 months (in some areas it takes less time) with a real estate investment of just €250,000. The property, which can be located anywhere on the Greek mainland or the islands, can be either residential or commercial. But if you want to settle in Greece, you will have to go through the procedure of permanent residence registration and citizenship in general order. Beneficiaries of the right to enter and obtain a permanent residence permit under this program are: - non-EU/EEA citizens who, as individuals, invest in Greece in securities or a bank deposit, - non-EU/EEA citizens who invest in Greece in securities or a bank deposit through a domestic legal entity of. Certificate that the applicant has applied to a medical insurer for full coverage of his medical care and expenses (In case the applicant does not hold one, we may conclude an insurance policy in Greece). Capital investment in shares or bonds of a locally registered Greek company, listed on the Greek stock market. These cookies will be stored in your browser only with your consent. Stamp Fee to be issued by the Greek Tax Authority. Greece Golden Visa Program gives a 5-year permanent residence permit for a minimum of 250.000 Euro real estate investment. It is a residence-by-investment visa, issued to non-EU citizens who make a significant contribution to the Greek economy. The Greece Golden Visa Program is a residence-by-investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. European Union Residency by Investment Programs (19) 1. … There is a need for the applicant of this visa scheme to reside in Greece; that’s why it is more of a residency program than a citizenship by investment program. You can apply for Greek citizenship … This is known as the lowest investment level for this type of visa in Europe. Investors can renew their residence permits for 5 … It is called the Greece Golden Visa Scheme. The visa also extends to the parents of both the applicant and the spouse. In the case of investments classified as Strategic Investments, under a decision of the Interministerial Committee for Strategic Investments, residence permit may be granted to the legal representative of the investor and to up to 10 additional persons, who shall act for the implementation of the investment plan. The five-year residence permit may be renewed every five years thereafter provided the applicant still owns the property. Health Certificate issued by a Greek state hospital, certifying that the third-country national does not suffer from any disease which according to the international standards and the World Health Organization (WHO) could pose a risk to the public health. Application includes an initial discussion and a 3 to 4-day visit to Greece to check on the properties, meet the lawyers, and to open a bank account in the country. It is also required for the applicant to have no criminal record and with medical insurance to cover one’s stay in Greece. The Greece permanent residency program enables an entire non-EU family, including dependent children up to age 24 and the parents of both spouses, to obtain permanent residency status in Greece within just 3 months (in some areas it takes less time) with a real estate investment of just €250,000. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The applicant obtains a special visa from the competent Greek embassy/consulate in the country of origin. This type of residency permit is issued for a period of 2 years and can then be extended, on the condition that the holder of the residency permit maintains his/her income. 20 of the Law on Immigration and Social Integration (4251/2014) (former Article 24 of Law 3386/2005) citizens of third countries and members of their families wishing to retire in Greece or otherwise live in Greece without working, can apply for a Greek residence permit based on independent income or funds from outside the country via retirement benefits or a pension, virtual job, business, savings or grants. An investment of €250,000 is required in real estate in Greece making the Greek programme the lowest investment level of any real estate residency visa scheme in Europe. Greece Citizenship by Investment Notes . Greece has become a Euro zone Member in 2001. Residency rules may vary according to a tax treaty. Residence Permit Greece: Discover how to become a permanent resident of Greece through the Greek Residency by Investment Program. The residency by investment can lead to citizenship but not in all cases. Residency cards can be obtained 40 days after the purchase of property. Holders of the Golden Visa are not taxed on the income they earned outside the country; they are only taxed for the income they generate within Greece. Greece Golden Visa Program gives a 5-year permanent residence permit for a minimum of 250.000 Euro real estate investment. Residence Permit Greece: Residency by Investment Program. Passport valid for at least three months after the expiration date of the visa Certificate of criminal record of the applicant by the competent authorities of the country of origin Medical certificate by a recognized public or private institution, proving that the applicant doesn’t suffer from a disease capable of being dangerous to the public health according to the international standards of the World Health Organization Evidence, such as bank, social security, pension statements proving that you have the necessary annual income of 2.000 Euros/month (additional funds, 20% for a spouse, 15% for each child) Certificate that the applicant has applied to a medical insurer for full coverage of his medical care and expenses during his staying in Greece Moreover, the applicant should not be listed as a persona non-grata and there should be no reasons to be considered as threaten to public health, public order, national security and international relations. By decision of the Secretary General of the Decentralized Administration, residence permit for five years, subject to renewal, is granted to a third country national who: (a) has legally entered the country with any type of visa or legally resides in the country, even if the type of residence permit that he possesses, does not permit change of purpose. Stamp Fee to be issued by the Greek Tax Authority. While still operational, the citizenship by investment program in Cyprus gave you several investment options… but at €2,150,000 (plus V.A.T), it comes at a heftier price than Malta’s. Greece offers Residency by investment options to individuals who wish to purchase real estate or perform a strategic investment in the economy. Greece temporary residency permit can be obtained for a period of 2 years and can be extended there after provided the holder of the residency still has a permanent income.