The Greek Golden Visa Program (‘investment program’) launched in 2013 and is one of the most affordable investment programs in Europe. With Greece as a member of the European Union (‘EU’), the investment program is ideal for non-EU /EEA investors to obtain an entry visa for investment opportunities in the EU. Successful applicants are granted a five-year residence permit which allows them to travel in the Schengen region without a visa.
Investment program highlights
Minimum investment amount
Investor may invest 250,000 EURO in real estate either as an individual or company purchase. The number of houses is not limited, if the total value of the properties amounts to 250,000 EURO or more. The property once purchased can be rented out.
Both spouse and children under the age of 21 years old can be included in the investment program. Furthermore, residency can be extended to parents of both spouses. Both the applicant and family members can access the education, healthcare, insurance policies related to pensions and so forth.
Minimum stay per year
Applicants need to meet the following requirements:
- Non-EU/EEA country citizen
- Min 18 years old
- No criminal record
- Obtain medical insurance
- Good character
Author: Maria Georgiou
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