Benefits of The Golden Visa Program
There are many reasons to consider investing in the Greek Golden Visa program. It is an easy way to secure residency in a beautiful country with less crime and more opportunities than the U.S. and some other European countries.
You don’t have to live in the country before applying.
Multiple investment options can be combined to qualify.
Visa is suitable for five years and can be renewed every five years as long as the investment is held.
Chance to apply for Greek citizenship if the necessary conditions are met at the end of seven years.
Freedom to travel in the Schengen Zone for all family members.
You, your children up to the age of 21, your spouse, your parents and your spouse’s parents can benefit from the Golden Visa.
Why Invest in a
Golden Visa Program?
Greece allows you to buy multiple properties to meet the investment requirement. They can be residences or commercial properties, perfect for expanding your residential portfolio. The country also allows you to rent out a residential property, which is an excellent return on your investment.
There are not many international companies operating in Greece. This is an excellent opportunity for anyone looking to expand their real estate holdings in the country. If you invest in residential properties, you’re contributing to the housing market and supporting the country’s economy.
Another benefit of the golden visa program is that you can bring your family with you. Your parents, spouse and children under the age of 21 are covered by the plan as well. With the uncertainty in the world these days,
many people are looking to obtain residency and citizenship in other countries. Typically, the residency requirements dictate that a person must live in the country for 7 years before “residency is granted. But, for those who wish to buy real estate as an investment or a second home, the Greek Golden Visa Program offers the perfect opportunity.
The Greek Golden Visa Program grants a 5-year residency permit for minimum 250,000 Euro real estate investment. The reason this is beneficial is that it is the lowest investment requirement of countries offering the program, and there is no obligation to live in the country.
Wealthy business people from Middle Eastern and Asian countries often have business contracts in different areas. Living in Greece can travel through the EU Schengen zone without a visa is a great benefit.
Golden Visa
What is the Greek Golden Visa program?
The Greek Golden Visa program is an investment program that allows non-European Union nationals and their families to obtain Greek residency by making a qualifying investment in Greece. Successful applicants receive a residence permit that allows them to live and travel within the Schengen Area for 5 years. This permit is not full citizenship but can be renewed if the investment is maintained. With this visa, it is possible to travel to 167 countries.
The application process involves submitting the required documents, undergoing background checks, and meeting the investment criteria. Legal and financial advisors are often recommended to navigate the application process successfully.
Greece has a relatively low tax rate on foreign income for Golden Visa holders, making it an attractive option for investors. The Greek Golden Visa program offers access to the Greek education and healthcare systems. While the Golden Visa provides residency, it does not grant immediate citizenship. However, after residing in Greece for several years and meeting specific criteria, individuals may become eligible to apply for Greek citizenship.
