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what is a golden visa in greece

by Mrs. Ellen McClure Published 2 years ago Updated 1 year ago
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The Greece Golden Visa Program is a residence by investment program launched in 2013 that enables non-EU nationals and their family members to obtain permanent residence permits in Greece. The residence permits may be renewed every five years.

How do I get a Golden Visa for Greece?

To qualify for a Golden Visa for Greece, you must make one of the following investments: Purchase a real estate property worth at least €250,000. Sign a lease agreement with a hotel or tourist establishment for at least 10 years. Make a capital investment of at least €400,000 in a company registered in Greece.

What does a Golden Visa get you?

A Golden Visa refers to the immigration program which allows wealthy individuals to get a residence permit or even citizenship in another country simply by purchasing a house there or making a relatively large investment or donation.

How long does it take to get a Greek Golden Visa?

between 3 to 5 monthsThe processing time for a Greece Residency Golden Visa is between 3 to 5 months. Collect Supporting Docs. Build Application.

How much money do you need for a Golden Visa?

The so-called Golden Visa is a residence visa for non-EU citizens who make a real estate investment in Spain equal to or greater than 500,000 euros.

How long does a Golden Visa last?

two yearsAccording to article 67 of Law 14/2013 regulating the Golden Visa, if the purchase of a Spanish property has been proved, the initial authorisation for the residence will last for two years.

How long is Golden Visa valid for?

3- Conditions for granting a Golden Visa to family members of a Real Estate Investor:The family members of the Real Estate Investor stated in the Cabinet Resolution (husband or wife and children from the category of unmarried daughters and unmarried sons) are granted a Golden Visa for a period of (5) years.

Is Greek Golden Visa worth it?

The Greece Golden Visa Program is considered one of the most affordable residence by investment programs that provide access to Europe. Successful applicants and their families are able to benefit from visa-free access to Europe's Schengen Area within two months of applying.

How much does a Greek Golden visa cost?

How much does a Golden Visa cost in Greece? The minimum amount to get a Greece Golden Visa is €250,000. This is the required amount for real estate acquisition. For government bonds or shares, the amount is €400,000.

Can I get residency in Greece if I buy property?

Yes, members of the Greek Residency by Investment Programme can obtain a residence permit with minimum investment. All you need to do is purchase property at the minimum of €250,000. This is the most lucrative offering in the EU.

Can I buy Greek citizenship?

Technically, there is no such category as citizenship by investment. You merely obtain permanent residence status if you purchase private property or invest in the country's economy in some other way.

Who gets Golden Visa?

The Golden Visa 10-year residency permit allows foreign nationals to live, work, or study in the UAE. Investors, entrepreneurs, notable scientists, talented students, humanitarian people, and frontline heroes are the most eligible applicants for this route.

Can you get a mortgage for Greece Golden Visa?

Mortgage Terms for Golden Visa Applicants Therefore, as soon as you have confirmed with the Consulate or your lawyer that you meet the requirements for the visa and have good chances for obtaining it, you can apply for a mortgage in any bank, including Greek ones.

Why do I need a Golden Visa?

Visa-Free Travel to Europe A Portuguese Golden Visa automatically grants you the right to travel anywhere in the European Union without a visa. Additionally, many non-Schengen countries will also allow you to enter visa-free as long as your visa or residency permit is available.

What is the difference between Golden passport and Golden Visa?

The term 'golden visa' is often used to refer to residence by investment (RBI) programmes. In contrast, the term 'golden passport' is commonly used to refer to citizenship by investment (CBI) programmes.

Which country is best for Golden Visa?

Portugal. Portugal is widely considered to be the 'best' scheme for those looking to get residence by investment. In 2021 it surpassed 10,000 applications for golden visas. Here people can either purchase a property or invest some of their wealth into the country - known as capital transfer investments.

What is the cheapest citizenship by investment?

Antigua and Barbuda Citizenship by Investment program is one of the cheapest on the market. This program is highly appealing to those seeking dual citizenship and visa-free travel opportunities. The price of a second passport starts from $100,000, which is a relatively low sum compared to other investment schemes.

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