The Greece Golden Visa program was introduced in 2013 to encourage foreign investment in the country. Of all residency by investment programs in Europe, Greece offers the most cost-effective investment. Another magnificent feature of this country is that it pairs historical legacy with rich modern culture and is known for its unparalleled natural beauty and stunning islands. In addition to its natural splendors, it has a vibrant cosmopolitan life.
To secure residency in the country, there are two investment options which are real estate investment and general investment. A minimum investment of EUR 250,000 must be used to buy residential or commercial property, land or the same amount can be put into a lease or timeshare option. Securing a Greece Residency by Buying Property brings in a wealth of benefits for you and your family. As permanent residents of the country, investors can travel without a visa to the Schengen region.
Furthermore, Greek residents are also considered as residents of the EU. As a result, they have access to quality education, world-class healthcare facilities, and lucrative business and investment opportunities. Also, the country doesn’t have any stay requirements. In case you want to apply for citizenship, you will have to reside in the country as well as pay taxes for seven years. Most importantly, the applicants are not required to pass any interview or language test.
In order to get a Greece Residency by Buying Property, consider partnering with an accredited and recognized company.
Moreover, the primary requirements for an applicant are not too stern. Also, no work or education experience is needed to be eligible for this program.
The residence permit can be renewed after five years, given that the investor retains his or her property.