A Golden Visa is a citizenship by investment or residency by investment program. It is directed to wealthy foreign nationals who want to acquire residency in a certain country by investing a substantial amount of money or by purchasing a property. The Golden Visa for Greece is one of the most popular investment visa programs in the EU. It is a residence-by-investment visa, issued to non-EU citizens who make a significant contribution to the Greek economy. There are several investment options, at 250,000 euros in the areas of Piraeus, the West suburbs of Athens and the East suburbs of Athens and the rest of Attica. At 500,000 euros for those who choose to buy properties in the center of Athens, the North and South Suburbs of Athens Thessaloniki, Mykonos and Santorini, If you apply for a Golden Visa, you and your immediate family members (spouse and children) will receive residence permits which can be renewed indefinitely as long as you maintain the investment.
The Greece Golden Visa offers immediate five-year residency to the investor as well as their immediate family members, as well as free travel in the Schengen Zone. Unlike most other countries who issue Golden Visas, you do not need to live in Greece at all in order to renew the residence permit. You can keep renewing it every five years, as long as you have still maintained your investment.
To renew the residence permit, you have to provide proof that the real estate property is still in your ownership or a solemn declaration by the relevant representatives that the investment is still ongoing.
A Greek Golden Visa is one of the most competitive Golden Visas in the EU and is accompanied with the following benefits
The Golden Visa for Greece is issued for five years and can be renewed indefinitely as long as you maintain the investment.
If you ultimately choose to live in Greece, then after seven years of continuous residence, you can also apply for Greek citizenship.