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How Astons Revived EU Business Post-Brexit with Greece Residence

Program

Greece

Timeline

4 months

Investment

€475,371

Family Size

1 person

Names and photos have been changed to protect client privacy.

Case study by an Astons expert

Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

Contents

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Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

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+357 97 424386

I obtained a residence permit, invested in a liquid asset, and can once again do business with Europe on equal terms. Most importantly — everything is official, legal and fast.

Peter H.

Entrepreneur , UK

PROFILE

Entrepreneur

Applicant aged 38 y.o.

goals

Client Requirements

  • Business in the EU
  • Capital preservation

Situation

Peter, an entrepreneur from Oxford, has spent over 10 years helping European B2B companies implement CRM systems and automate business processes. His core client base consists of tech companies in Germany, Austria, and Belgium. Before Brexit, everything ran smoothly — contracts signed with a UK legal entity posed no problems.

“We had no trouble signing contracts in pounds — both parties were fine with it. But from 2021, everything changed. One by one, clients started saying: ‘We need a contract with an EU-based company’, ‘Where’s your VAT?’, ‘Paying in pounds has become expensive — we need a euro account.’”

Over 60% of Peter’s income depended on these clients. And even though day-to-day cooperation remained the same, they began to withdraw due to the operational and legal complications brought about by Brexit.

Solution

Peter contacted Astons with a clear request: to restore the ability to work within the EU without relocating permanently.

Our experts suggested the ideal solution — obtaining Greek residency through investment in real estate and registering a company there to rebuild contracts.

Real estate in Greece is a profitable investment: in 2024 alone, the market saw an 8–10% rise in value. As Peter had no plans to relocate and viewed the purchase as an investment, Astons proposed ready, fully furnished properties requiring no extra work and potentially offering 4–5% rental yield. Peter chose a comfortable villa in Hanioti, Halkidiki.

Why This Villa?

  • Secluded location, peace and greenery
  • Spacious — 131 m², 600 m² plot
  • Three floors: 4 bedrooms, 2 bathrooms, terrace and sea-view lounge
  • Private pool and parking
  • Price — €450,000 — fully met the programme requirements

1. Consultation and audit

Astons thoroughly analysed Peter’s situation, ran a fast-track compliance check and confirmed the possibility of obtaining residency through real estate investment in Greece and business registration.

2. Real estate investment

Once the strategy was agreed, the ideal property was selected — a three-storey villa in Hanioti (Halkidiki). Astons performed legal due diligence, prepared the documents, arranged the 10% deposit (€45,000) and supported the transaction through completion. The purchase was finalised within four weeks.

3. Residency application

After the transaction was registered and all property formalities completed, Astons submitted Peter’s residency application. Two and a half months later, he received a White Paper granting entry and stay rights. He immediately travelled to Greece to provide biometric data, completing the process.

4. Business registration in Greece

Peter’s residence card was delivered remotely via an Astons representative. Once residency was granted, Astons’ lawyers registered the company in his name and issued all supporting documents. A euro bank account was opened and an EU VAT number obtained. This enabled Peter to resume business with clients in Germany and Austria under a new EU-based legal entity.

Comparison of Investment Residency Programmes

Program Investment Threshold Processing Time Schengen Access Minimum required stay

Greece Greece

Residency

 from €250,000 4 months Yes None

Portugal Portugal

Residency

 from €250,000 18 months Yes 14 days every 2 years

Malta Malta

Residency

 from €169,000 9 months Yes None

Cyprus Cyprus

Residency

 from €300,000 8 months No 1 visit every 2 years

Hungary Hungary

Residency

 from €250,000 4 months Yes None

Expenses

Property price

€450,000

Property transfer tax (3.09%) €13,905
Land registry fee (0.6%) €2,700
Notary fees (1.5%) €6,750
Immigration fees €2,000
Residence card printing €16
Additional Costs:
Insurance, translations, notary services calculated upon request
Astons’ services determined on a case-by-case basis
Total: €475,371 (excluding additional costs).

Personalised Cost Breakdown for Program Participation

Get your investment estimate

Similar Success Stories

Indian Investor and Family Obtain Greek Golden Visa via Piraeus Property Investment The Greek Golden Visa program allows non-EU nationals to secure EU residency through real estate investment. Investors can include their spouse, children under 21, and parents, obtaining a renewable 5-year residence permit without the need for physical presence or tax residency in Greece. How the Greece Golden Visa Became a Gateway to Europe for an Egyptian Property Developer Ahmed has spent more than two decades in Egypt’s construction industry, successfully delivering large-scale residential projects across Cairo and Alexandria. As his company prepared to enter the European market, he required consistent, secure access to the EU and the ability to attend high-level negotiations without delays or visa constraints. How Astons Secured Greece Residence for Three Generations of a Turkish Family High-quality European education is one of the key priorities for many parents outside the EU. A diploma from an EU country provides strong career prospects worldwide. However, not every family is ready to send their child alone to a foreign country.

Result

Two months after registering his Greek company, Peter re-established ties with four key clients.

He now visits Greece regularly and can enjoy a peaceful holiday. The turbulent period is over: he has official status, flexibility, tax certainty, and a business running smoothly.

Key Points of Greece’s Tax System

  • Corporate income tax: 22% on net company profit. Greece offers one of the lowest corporate tax rates in the EU, making it attractive for business.
  • Dividend tax: 5% when paying dividends to shareholders — enabling legal profit distribution with minimal losses.
  • Capital gains tax: 15% on the sale of assets or company shares — suitable for those planning to sell business stakes or property.
  • VAT: Standard rate 24% (most goods/services), reduced rates: 13% (e.g. food, dining) and 6% (medicines, healthcare). With VAT registration, Peter can work with EU clients and issue invoices compliant with EU standards.

 

 

Why Greece is the Best Solution after Brexit

  • Residency by investment from €250,000
  • Fast processing (3–6 months)
  • No obligation to live in the country
  • Visa-free access to the Schengen Area
  • Company registration, VAT, euro bank account
  • Income-generating real estate
  • Potential route to EU citizenship
  • Non-dom tax regime: €100,000 per year on all global income
  • Access to EU banking, healthcare, and education systems

At present, Greece’s Golden Visa is one of the most affordable ways to obtain EU residency by investment. The residence permit is valid for five years and can be renewed indefinitely — with no requirement to live in Greece.

Why Astons

We help clients from around the world quickly and easily obtain second citizenship or residency by investment. Our experts handle all the bureaucracy and find solutions even for the most complex cases, drawing on in-depth knowledge of international and immigration law. Book a free consultation — we’ll take care of the rest.

Residency by Investment

Cyprus Cyprus

Residency

from €300,000

~8 months

Processing time

  • Purchase of new property
  • Eligibility for citizenship after 8 years
  • Non-Dom tax regime
Explore Program

Greece Greece

Residency

from €250,000

~4 months

Processing time

  • Real estate purchase
  • Eligibility for citizenship after 7 years
  • Most accessible and fastest program in the EU
  • Visa-free access to Schengen countries
Explore Program

Hungary Hungary

Residency

from €250,000

~4 months

Processing time

  • Investment in a fund / non-refundable donation
  • Visa-free access to Schengen countries
  • Eligibility for citizenship after 8 years
Explore Program

Italy Italy

Residency

from €500,000

~3 months

Processing time

  • Investment in shares or bonds / non-refundable contribution
  • Eligibility for citizenship after 10 years
  • Visa-free access to Schengen countries
Explore Program

Malta Malta

Residency

from €169,000

~9 months

Processing time

  • Non-refundable contribution and property rental or purchase
  • Rental or property purchase
  • No residency requirements
  • Visa-free access to Schengen countries
Explore Program

Portugal Portugal

Residency

from €250,000

~18 months

Processing time

  • Investment in a fund
  • Eligibility for citizenship after 7-10 years
  • Visa-free access to Schengen countries
Explore Program

Turkey Turkey

Residency

from $200,000

~2 months

Processing time

  • Real estate purchase
  • Right to live in Turkey
  • Eligibility for citizenship after 5 years
Explore Program

UAE UAE

Residency

from $100,000

~2 weeks

Processing time

  • Real estate purchase
  • Rental income ~7% per year
  • Possible domestic staff inclusion
  • Favourable tax regime
Explore Program

USA USA

Residency

from $800,000

~12 months

Processing time

  • Investment in a regional fund
  • Returnable investment
  • Eligibility for citizenship after 5 years
Explore Program

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Susanna Uzakova

Susanna Uzakova

Senior Citizenship & Residency Advisor

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