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Starting 1 May 2024, the required investment for the Greece Golden Visa doubles to €500K [approx. $540K]

Applications submitted before 1 May 2024 will keep the current investment minimum of €250K [approx. $260K]

Greece Residency Benefits

The Greece Residency by Investment Program was introduced by the Greek government in 2013 to enable genuine investors to acquire residency in Greece by investing in real estate.

 

The five-year residence permit may be renewed every five years thereafter provided the applicant still owns the property.

 

Greece offers a straightforward residency route, with no minimum stay requirement.

 

The application process is quick with further opportunities to apply for citizenship after a set period.

Residency in Just 60 days

Renewable 5-year residence permit.

Lowest cost entry in EU

Min Investment of only €250,000.

Visa-free travel

To Schengen Zone for 90 days within any six-month period.

Entire family are eligible

Spouses and children.

No residency requirements

Prior to or after residence permit has been granted.

High standard of schooling

Access to many prestigious universities at lower EU tuition fees.

High standard of Living

Access to the Greek health service for free.

Property Investment

Your summer residence in the Mediterranean.
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    Visa-free travel to 26 European states

    Greece Residence by Investment offers visa-free access within Schengen Zone — get visa-free access to 26 EU states, including Switzerland, Luxemburg, Italy and Germany. Go on a last-minute business trip or take your family on a spontaneous holiday in Europe — open up Europe with Astons.

    Investment Options

     

    Greece offers the most affordable residency program within Europe offering fast application processing in just 2 months. Investors can purchase real estate for a minimum of €250,000 or choose a Real Estate Lease or Timeshare option with the same investment threshold.

    Option 1 / Real Estate Acquisition to the Minimum Value of €250,000

    • Residence permit granted for 5 years.
    • The investor can invest in one or several properties to a total value of €250,000.
    • The residence permit can be renewed for another 5 years each time, provided that the applicant still owns the property.

    Option 2 / Real Estate Lease or Timeshare to the Minimum Value of €250,000

    • Residence permit granted for 5 years.
    • Lease for at least 10 years or invest in a timeshare for hotel accommodation or furnished tourist residencies in a combined tourist facility, as the above facility must be registered with Greek National Tourism Organization (GNTO).

    Greece Residency Acquisition Process

    Astons’ focus is to provide a hassle-free and seamless service, assisting you with a residency application. We will hand-hold you through the EU residency acquisition process with due diligence and care, ensuring that your application is submitted correctly and followed up to application approval.

    3–4 DAYS
    Preparation
    1

    Talk to Astons immigration advisers

    Astons Immigration advisers will evaluate your personal circumstances and help you select the most suitable program and real estate option.

    In order to apply you must:

    – be at least 18 years of age;
    – have no previous criminal convictions;
    – have a medical certificate from a Greek hospital confirming that you are free of any contagious diseases;
    The main applicant may also add dependents to a residency application, including his/her spouse, and children.

    2

    Visit Greece to view properties and evaluate investment options

    Based on your requirements we will carefully select the most suitable properties for you and arrange direct viewings in Greece.

    3–4 DAYS
    Prepare documents
    3

    Prepare documents

    A detailed checklist will be provided, and you will be guided through the documents collection stage. Experienced immigration advisers will be checking a scan of each document for compliance to ensure all requirements are met, including proof of investment documentation.

    4

    Submit residency application

    The complete application for a residence permit by real estate acquisition along with all supporting documents confirming investment in real estate will be submitted to the Directorate of Foreign Citizens and Immigration.

    5

    Processing of application and proof of submission

    Processing of the application usually takes approximately 60 days. After the application has been submitted, the applicant receives a proof of submission, which is valid for one year and allows the holder to travel to and from Greece as often as they wish.

    6

    Receive residence permit

    Once the application is reviewed and the decision is made by the Secretary-General of the Decentralised Administration, the applicant will be notified. The applicant will receive their five-year residence permit which will allow them to enjoy living in Greece for a five-year period, as well as visa-free travel within the Schengen Zone.

    Properties to invest in

    As buying agents, we offer a whole range of services in commercial and residential real estate. We only ever act on behalf of the the investor, enabling our clients to secure the advantage and placing them ahead of the competition, when it comes to finding and obtaining the right property in highly sought after areas.

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