Greece, known for its stunning landscapes, rich history, and vibrant culture, has always been a dream destination for many. The Greek Golden Visa program offers foreign investors and their families a pathway to obtain a residence permit in Greece, which also opens doors to the European Union. In this article, we will explore the key requirements involved in qualifying for a Greek Golden Visa.
Understanding the Greek Golden Visa
The Greek Golden Visa program was introduced in 2013 as part of Greece’s efforts to attract foreign investment and stimulate its real estate market. This initiative allows non-EU citizens and their families to secure a renewable five-year residence permit through qualifying investments in Greece. You can read more about the Greek Golden Visa here.
Qualifying investments
To become eligible for a Greek Golden Visa, individuals must make one of the following investments within the country:
Investing in Greek real estate is the most popular option, with a minimum investment threshold of 250,000. This investment can consist of a single property or a combination of properties.
Alternatively, individuals can obtain a Greek Golden Visa by depositing at least ?400,000 in a Greek bank account, which must be maintained for a minimum of three years.
Another choice is to invest a minimum of 400,000 in a Greek company, either by establishing a new business or expanding an existing one.
Investing in Greek government bonds, also with a minimum of ?400,000, is another avenue to qualify for the program. These bonds must be held for a minimum of three years.
It would be wise to seek support from a law firm with experience in helping people obtain a Greek Golden visa, such as https://georgakilawfirm.com/services/golden-visa-programs. This will make the application process smoother.
Once you have a Golden Visa Greece is yours to explore. The program presents an exceptional opportunity for individuals and families seeking to establish a presence in Europe while enjoying the attractions of Greece. By meeting the investment requirements and fulfilling the necessary criteria, applicants can embark on a journey to make Greece their second home.