GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment

What is Greek Permanent Residency?

GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment

Greek Permanent Residency, also referred to as the Greek Golden Visa, provides a straightforward way for non-EU nationals to secure legal residency in Greece through capital injection. Since its inception in 2014, the Greek Golden Visa has risen to prominence as a top-tier residency scheme. A key highlight is the EUR 250,000 minimum investment threshold, which makes it highly competitive compared to similar programs. Our experts ensure that the entire process—whether acquiring real estate or leasing—is efficiently completed.

Eligibility Criteria for Greek Permanent Residency

    The Greek Golden Visa program is structured to cover the applicant’s family members. This includes spouses or registered partners, children under 21 (extendable to 24), and the parents of both the applicant and the spouse. With multi-generational eligibility, the residency creates opportunities for families seeking European residence. Eligibility requires that investments fall within the relevant tiers: EUR 250,000, EUR 400,000, or EUR 800,000, depending on the location. With Savva & Associates LTD, applicants enjoy expert insights at every step, ensuring accurate assessments.

    Benefits of Greek Permanent Residency

    The perks of obtaining Greek Permanent Residency are substantial. Visa-free travel within the Schengen Zone is a core advantage, providing access to 26 European countries. Additionally, the residency permit serves as a gateway to Greek citizenship after seven years, provided applicants meet the residency and language requirements. Multi-generational coverage adds to the program’s appeal for families. Residents are free to stay abroad, thanks to the absence of a minimum stay rule. Investors can rely on Savva & Associates LTD to overcome all complexities and enhance the full potential of Greek residency.

    How to Apply for Greek Permanent Residency

    The process for obtaining Greek Permanent Residency is simple, beginning with selecting a qualifying property. A 10% deposit begins the transaction, and Savva & Associates LTD assists at every stage. Applicants can delegate Power of Attorney to a local representative to manage the transaction remotely. Once the property is registered, the immigration office processes applications swiftly—often within a week. Savva & Associates LTD manages schedules to ensure smooth progression throughout the process. A visit to Greece for biometrics collection is mandatory. With full-service assistance, Savva & Associates LTD manages all details.

    Required Documents for Greek Permanent Residency

    Several essential documents are needed to apply for Greek Permanent Residency. Key documents include passports, insurance policies, and agreements related to the investment property or lease. Marriage or birth certificates are also needed, especially when family members are included. All documents must undergo translation into Greek or English according to program guidelines. The experts at Savva & Associates LTD handle document management, reducing the burden on applicants. Residency applications also require immigration processing fees and biometric appointments. Savva & Associates LTD ensures efficient documentation, minimizing the risk of complications.

    GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment
    Greek Permanent Residency Through Real Estate Investment

    Investing in real estate is a popular method of obtaining Greek residency. Recent changes have introduced new tiers: EUR 250,000, EUR 400,000, and EUR 800,000, depending on the location. Premium locations like Santorini, Mykonos, and Thessaloniki require more significant investments. The program allows investment in villas, townhouses, or commercial properties, giving investors multiple options. Investors can also generate rental income from their properties, maximizing their financial return. With the help of Savva & Associates LTD, investors identify strategic investments. Whether applicants choose to invest remotely, Savva & Associates LTD ensures the transaction is managed smoothly.

    GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment

    Renewal and Maintenance of Greek Permanent Residency

    Residency permits are issued for five years and can be renewed indefinitely every five years. Applicants do not need to reside in Greece to retain their residency, offering flexibility. Additionally, property ownership can be transferred to children once they turn 24, allowing them to become the primary applicants. The option for inter-generational transfers adds value of the program. With Savva & Associates LTD, clients navigate renewals smoothly. The firm also supports the transition to Greek citizenship. With continuous assistance, Savva & Associates LTD ensures seamless maintenance.