Greece Golden Visa
Greece Golden Visa program is a residency-by-investment program that offers investors the opportunity to obtain Greek residency and travel freely within the Schengen Area. This program is especially attractive to investors who are looking for a fast-track residency option in Europe. In this blog post, we will take a look at the requirements and benefits of the Greece Golden Visa program.
Requirements for the Greece Golden Visa Program
In order to qualify for Greece Golden Visa program, investors must make a minimum real estate investment of €250,000. Investment options include purchasing property, investing in shares of Greek real estate companies, or making a bank deposit in a Greek bank. Additionally, applicants must maintain their investment for a period of time.
Benefits of the Greece Golden Visa Program
There are many benefits associated with Greece Golden Visa. One of the biggest benefits is that it offers investors the ability to obtain European Union residency without having to live in Greece. Additionally, successful applicants and their families will be granted citizenship after seven years, which gives them full access to all EU rights and privileges. Furthermore, holders of the Greece Golden Visa will be able to travel freely throughout the Schengen Area without having to apply for a separate visa.
The Greece Golden Visa program is an excellent residency-by-investment option for investors who are looking for a fast-track route to European Union residency. If you would like to learn more about this program or other residency by investment options, please contact us today.
How to Get Golden Visa Greece
Golden Visa in Greece offers eligible investors the opportunity to obtain a Greek residency permit in return for investing a minimum of €250,000 in Greek government bonds, shares, or real estate. Successful applicants and their families will be able to live, work, and travel freely within the Schengen Area. In order to apply for Golden Visa in Greece, interested individuals must first submit an online application form. Once the form has been reviewed and approved, applicants will be required to provide supporting documentation, including proof of investment funds and a criminal background check. Upon completion of the application process, successful applicants will be issued a Greek residency permit which will be valid for five years.
Required Documents for Greece Residency
Greece offers numerous opportunities for obtaining residency, whether for work, study, family reasons, or retirement. However, all applicants must meet certain requirements and submit a number of necessary documents. These include a valid passport, proof of health insurance, and evidence of sufficient funds. In addition, applicants must provide proof of ties to Greece, such as employment or family connections. Finally, all applicants must undergo a medical examination and be interviewed by the Greek consulate. Those who are able to successfully navigate the application process can enjoy all that Greece has to offer, from its stunning coastline to its vibrant culture.
Greek Taxes
As of 2021, the Greek government has implemented a number of tax benefit initiatives for non-residents of Greece.
If you earn genuine Greek source income, you should designate a tax representative and file tax reports also with Non-Greek Resident Tax Office as a non-Greek tax resident.
Greece Citizenship by Investment
Greece Golden Visa system is not a program for obtaining citizenship by investment. However, if you satisfy certain qualifications, you may be allowed to apply for citizenship in Greece after seven years.
The following are the prerequisites for applying for Greek citizenship by investment:
You must do the following:
- Spend at least seven years in Greece.
- During this time, you must be a tax resident in Greece.
- Successfully pass a Greek Language exam
- Have an authentic understanding or relationship to Greece and Greek culture
The Greece Golden Visa program is an excellent way for investors to obtain European Union residency. If you are interested in learning more about this program or other residency by investment options, please contact us today. We would be happy to assist you with your application.