• Who is eligible for a Golden Visa in Greece?

    Who is eligible for a Golden Visa in Greece?

Who is eligible for a Golden Visa in Greece?

Eligible members are the investor, his/her spouse, unmarried dependent children up to age 24 and the dependent direct ascendants (parents) of both spouses. The permit is granted for five years and may be renewed every five years if the property investment is retained by presenting to the authority the purchase contract of property. Permanent residency and EU citizenship can favour and be a legacy to all your family and your children.

 

The requirement of Greece Golden Visa program entails the possibility of granting residence permits to persons who proceed to the purchase of real estate property in Greece, the value of which exceeds € 250,000 (excl. VAT).

The investment can be made in land, off-plan, new or resale properties as long as the minimum value is met. Moreover, the possibility of re-selling the property is offered, providing the right to the granting of a residence permit to the purchaser with simultaneous withdrawal of the vendor’s residence permit.

  • In the case of jointly owned property worth € 250,000, the right of residence is granted only if the owners of the property are spouses with indivisible shares in the property. In all other cases of joint ownership, Golden Visa in Greece is granted only if the joint ownership rate of each joint owner is worth at least € 250,000.
  • If the owner has acquired the property via a legal entity headquartered in Greece, 100% of the company shares must be fully owned by the applicant.
  • Either a single or multiple property with a combined value exceeding €250,000 are applicable.

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