About Greece Golden Visa By Residency By Investment
Who Can Get Greece Residency by Investment
- Firstly, you provide evidence of the source of funds
- Secondly, you have to be over 18 years old
- Thirdly, you do not have a criminal record
- Also, you cannot be an EU citizen
- Lastly, you have to be a health insurance policyholder
- First, over 18 years old
- Second, has no criminal record
- Not an EU citizen either
- Finally, covered by health insurance policy
- At the time of application
- Has no criminal record if aged over 14
- Remain part of the programme until they reach 24
- Of either investor or spouse
- Proof of kinship for either
Programme Requirements
To qualify for the Greece Golden Visa Programme, you must fulfil one of the following investment options AND meet other requirements:
Purchase Converted/Restored Property
Buy commercial or industrial real estate converted into residential property for a minimum €250,000. The alternative is to purchase real estate of the same value that has been refurbished or restored.
Buy Real Estate
Purchase a property with at least 120m² surface area for a minimum €800,000 in Attica, Thessaloniki, Mykonos, Santorini, and Greek islands with a 3,100+ population. This threshold reduces to €400,000 in other areas.
Other Requirements and Benefits
As a Greek Golden Visa Programme applicant, you must have medical insurance to cover your stay in Greece and also produce relevant certificates to show your dependents are related to you.
In addition, you must hold on to your property or real estate investment.
The permit is valid for 5 years and offers renewable permanent residency as well. Plus, you can take advantage of access to Greece’s public education system.
Greece Golden Visa Application Process
Month 1
Greek residency onboarding process
We commence our process, appropriately enough, with Form 1. After this is filled in, this ensures the initial RIF Trust due diligence. Following this screening, we provide you with a Client Agreement (CA). Before we can proceed any further, you will need to review and sign this.
Upon receiving the signed agreement and retainer payment, our case processing team next complete all necessary government forms and collate supporting documents.
You also need to execute a sales and purchase agreement with the developer. However, we will liaise with the real estate property developer and the Hellenic Republic Ministry of Migration and Asylum, the relevant Greek Government body, on your behalf.
Months 1-2
Application review and submission
Before submitting your documents, we first review your application to ensure you comply with the Ministry of Migration and Asylum’s requirements.
The Ministry will also undertake its own due diligence and reviews all the paperwork. Yet we will continue to work closely with them throughout Months 1 and 2, and beyond.
After applying, the Ministry of Migration and Asylum will also issue a receipt that can serve as a temporary residence permit while awaiting the application decision.
Months 6-12
Golden Visa issued
The Ministry assesses your application, and upon approval, you make all necessary contributions. You also pay any applicable government fees. Then you and your family receive the relevant residency certificates.
Contact Us if You Are Looking for a Visa Application
Need a consultation? Call us today +92 300 833 0167 or email us: info@riftrustglobal.com