Greece Golden Visa
Wondering if a Greece Golden Visa is right for you? You're in the right place. In this blog post, we will take an in-depth look at Greece Golden Visa; what they are and how to apply for one. For those who invest in real estate or run a business in Greece or deposit funds into a Greek bank account, becoming eligible for residency can be invaluable. We'll discuss who should consider applying for a Golden Visa, whether it's worth investing in property as part of the visa application, who can get involved with the process, and many more topics related to completing your successful Greece golden visa journey!
What Is Golden Visa in Greece?
Golden Visa in Greece is a residency-by-investment program that grants investors and their families the right to live, work, and travel in the European Union by purchasing property in Greece. The program requires an investment of at least €250,000 in real estate, and the visa is initially granted for five years, with the possibility of renewal every five years. The program was introduced in 2013 as a way to boost the country's struggling real estate market and attract foreign investment.
Benefits of Greece Golden Visa
Greece Golden Visa program offers a number of benefits for foreign investors, including:
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Fast-track residency: Investors who qualify for the program can obtain residency in Greece within 2-3 months.
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Family members included: The investor's spouse and children under the age of 21 can also obtain residency through the program.
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Travel freedom: Holders of the Greece Golden Visa can travel freely within the Schengen Area, which includes most of the EU countries.
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Path to citizenship: After 7 years of residency, Golden Visa holders may be eligible for Greek citizenship.
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Real estate investment opportunities: Greece has many real estate opportunities and the program allows foreign investors to take advantage of these opportunities.
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Tax benefits: Greece has a favorable tax regime for Golden Visa holders.
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Business opportunities: Greece's strategic location and strong business environment make it an attractive destination for foreign investors looking to expand their business in Europe.
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Quality of life: Greece is known for its beautiful beaches, historic sites, and delicious cuisine. The country has a high quality of life and a welcoming culture.
Real Estate for Golden Visa in Greece
Real estate investments under the Greek Golden Visa Program have been on the rise over recent years, with an increasing number of buyers from all over the world taking advantage of this lucrative opportunity. This trend is likely to continue as it provides a simple way for foreign investors to access Greece's strong economy and vibrant lifestyle. A major drawcard is that ownership of the real estate in Greece can also lead to increased access to business opportunities within the country - particularly those related to tourism and hospitality services - as well as reduced bureaucracy associated with setting up a local business or investing in certain sectors.
Furthermore, real estate investments made through the Greek Golden Visa Program provide buyers with an easy path toward permanent residency without having to meet strict income requirements or demonstrate any intention of actually living in Greece permanently. For these reasons, many international investors are drawn to investing in Greek real estate as it offers an excellent long-term return on investment and opens up a range of possibilities for both personal development and business success.
Is Greece Citizenship by Investment Possible?
Greece Golden Visa program is not a program for obtaining citizenship through investment. However, if you meet certain criteria, you may be eligible to apply for naturalization in Greece after seven years.
The following are the criteria:
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You've spent at least seven years in Greece
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You're a tax resident in Greece.
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You've passed the Greek Language exam
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You have an authentic interest or connection to Greece and Greek culture
Greece Golden Visa: Conclusion
You can get a Greece golden visa by investing in real estate, government bonds, or stocks. The requirements for each option are different, but the investment must be made through a local bank. Golden visas come with many benefits, including the ability to live and work in Greece and travel throughout the Schengen Area.
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