Golden Visa
What is a Golden Visa?
Since 2013, the Hellenic Golden Visa programme has been implemented, aimed at citizens of third countries, offering the possibility of a five-year sojourn, if an investment worth at least €250,000, in real estate in Greece, is completed. Parallelly, the right to travel within Greece and throughout the Schengen zone is granted, without the need to issue any other document. A significant advantage is the fact that family members can equally enjoy the same privileges. Since 2016, we have cooperated with hundreds of families who found the proper housing or trusted us to find the right investment programme, obtaining a Golden Visa. Take your first steps on this journey with us by, initially, learning what exactly Golden Visa is, if you are eligible and which are the exact steps you need to complete to get one. Let’s start!
Greece
The largest part of Greece consists of mountains and hills, yet anyone can have access to the sea in less than 30 minutes. The beautiful natural landscapes, the 300 days of sunshine a year, a low cost of living, the high quality education system, as well as the excellent health system, make Greece an ideal choice for living and tourism. At the same time, the constantly increasing value of real estate due to economic stability, constitutes a pole of attraction for foreign investors.
What are the benefits?
- Right to live in Greece. The Greek Golden Visa allows you and your family to live in Greece. There is no limitation to how long you can stay.
- Travel across the Schengen zone without the need for an additional visa. The Schengen zone consists of 26 European countries that have officially abolished visas and border control at their mutual borders.
- Excellent investment opportunity due to low prices and fast growth of the economy.
- Fast Return of Investment (ROI) generating rental income from day 1.
- Earn the right to apply for citizenship after permanently residing in Greece for 7 years.
- Up to three generations can benefit from the investment of 1 applicant.
- The double taxation treaty. Depending on your country of residence and the amount of time you spend in Greece, it is likely that your international income may not be subject to taxation in Greece.In that case, you may maintain your business activities outside of Greece and enjoy some tax benefits.
- Quick process and transparent procedure to obtain a Greek Golden Visa.
The Schengen area
Currently, the Schengen Area consists of 26 member countries. All of these countries are located in Europe, from which:
- 22 members fully implement the Schengen acquis,
- Four of them – members of the EFTA, implement Schengen acquis through specific agreements related to the Schengen agreement.
- Iceland, Norway, Switzerland and Lichtenstein are associate members of the Schengen Area but are not members of the EU. They are part of the EFTA and implement the Schengen acquis through specific agreements related to the Schengen agreement.
- Monaco, San Marino, and Vatican City have opened their borders with, but are not members of the visa-free zone.
- The Azores, Madeira, and the Canary Islands are special members of the EU and part of the Schengen Zone even though they are located outside the European continent.
- There are five more EU members, that have not joined the Schengen zone: Ireland – which still maintains opt-outs and Romania, Bulgaria, Croatia, and Cyprus – that are seeking to join soon.
The external borders of the Schengen Zone reach a distance of 50,000 km long, where 80% of it is comprised of water and 20% of the land. The area counts hundreds of airports and maritime ports, many land crossing points, an area of 4,312,099 km2, and a population of 419,392,429 citizens.
What do I have to do to get one?
As of 2021, applying for and obtaining a Golden Visa has been made easier than ever, allowing interested parties to even complete the process remotely. Physical presence is only required for the submission of biometric data; our team and your authorized lawyer will take care of all the other aspects.
In order to qualify for a Golden Visa in Greece, you must meet the following requirements:
• Be a non-EU/EEA country citizen
• Be at least 18 years of age
• Have no criminal record
• Have medical insurance for yourself and your family
Contact us and talk to one of our experienced team members to help you with your questions.
