Greece, officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. The Aegean Sea lies to the east of the mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, featuring thousands of islands.
Fundamental facts about Greece
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Population of Greece is 10,678,632 people
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Athens is the capital & largest city of Greece
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Greek is the official language
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Euro is the country's currency
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Greece's form of government is unitary parliamentary republic
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Greece is considered the cradle of Western civilization, being the birthplace of democracy, Western philosophy, Western literature, historiography, political science, major scientific and mathematical principles, theatre and the Olympic Games
Greece Investment Program: Golden Visa
Greece Golden Visa Residence Permit Program offers such a great deal for investors starting from €250,000. The program has been efficiently working in benefit for both investors and the government since 2014. In such a quick process to acquire Golden Visa about 6 months is one of the benefits of the program just as how the Greece Golden Visa provides visa free travel to the Schengen Area and spend up to 90 days out of 180 there!
Also, the best benefit of this program is that you can be a EU citizen in 7 years! In the case of you living in Greece for five years, you can get permanent residence and after another two years you get to apply for citizenship.
Keep in mind: For this to happen you need to be 18 years old, have no criminal record or deportation history, and have integrated into Greek society. Since 2021, all citizenship applicants hold a written exam in the language, culture, history, geography and governmental system too.
Greece allows its citizens to hold several passports. Investors don't have to give up their first citizenship if their country of origin doesn't require it.
There are eight options that the government offers for Golden Visa investment program in Greece. These options are:
- Purchasing real estate
For obtaining the Golden Visa, buy a property in Greece worth at least €250,000. You can sell your investment in 5 years with the return of money!
- Purchasing investment fund units
Invest a minimum of €400,000 in Greek government bonds.
- Renting a hotel or tourist residence for 10 years
You need to invest at least €250,000+ for this option.
- Purchase of land plot for construction or agriculture
You need to invest at least €250,000 for this option.
- Timeshare for 10 years
You need to invest at least €250,000 for this option.
- Inheriting real estate or receiving it as a gift
You need to invest at least €250,000 for this option.
- Purchase of securities or opening a bank deposit
You need to invest at least €400,000 for this option.
- Invest in shares, corporate bonds, or Greek Treasury bonds, listed in trading facilities operating in Greece
You need to invest at least €800,000 for this option.
With our guidance, you will be ensured that all you need for your application to go smoothly is covered. The documents required will be formed correctly, with utmost care and attention.
Firstly, we will check if you are eligible for the application. Then, once you decide on your investment, you must collect the paperwork for yourself and any dependents you'll be including in the application. We can ensure the correct paperwork is in order, and we'll submit it for review.
The documents are prepared simultaneously with the selection and purchase of the real estate. You receive medical insurance and then provide the documents and photographs. The documents are submitted to a specialized department of the Ministry of Immigration and Asylum. The investor, spouse, an adult relative, or a lawyer applies in person. The investor gets a certificate after applying. The certificate allows its holder to stay in Greece for a year.
Fingerprinting takes place on the application day. If the investor could not come to Greece and the lawyer submitted the documents, the fingerprinting is scheduled for another day. The residence permit card is not issued without biometric data.
If investors have bought real estate, they need a tourist visa to enter Greece. In the case of other investment options, a national D visa is obtained. An application for a Greece residence permit is processed within 1- 2 months. The family members can receive residence permit cards by themselves or entrust a lawyer to collect them. The investor's international passport is required to get the residence permit. The certificate obtained during the application is returned.
Making sure that all the requirements are covered is essential for an easy and quick process for the Golden Visa program so by working with an experienced consultancy will save you time & money.