What is Golden Visa Greece?

All you need to know about European residency by investment

A Golden Visa is a type of residence visa with added benefits, offered by several European countries including Greece. It is an investment program that ensures visa-free travel in the Schengen zone to non-European investors and their families.

The Legal basis for a Golden Visa in Greece

The Golden Visa Program in Greece is remarkably competitive as it has the most affordable entry into the EU, features friendly terms, minimizing both the amount of the capital required and with the assistances of SeventNine investments it is easy to obtain. It is an investor visa and it can be renewed every five years, indefinitely as long as the main applicant keeps the investment, while there is no requirement to stay in Greece whatsoever.

Greece introduced the law No 4251/2014 amended by the law 4332/2015 that allows citizens from any non-European countries to acquire a European residence permit by investment, granting them free movement to travel within the Schengen Zone. 

Who Qualifies for the Golden Visa in Greece?

Αll non-European citizens are eligible to apply for a Golden Visa, as long as the main applicant is over 18 years old and the total investment is no less than 250,000 euros.

Children under 21 years of age, parents, spouse and in-laws of the main investor can benefit from the same investment of 250,000 euros and above and issue a permanent European residence permit also.

Visa Investment Options

A Golden Visa is a permanent residency visa* issued to individuals who invest through a purchase of property, a specific sum of money into issuing country.

*Permanent Residency is a person’s residential status in a country of which they are not citizens.

The Golden Visa Program in Greece is considered one of the most affordable residence-by-investment programs that provides access to Europe. The minimum Investment requirement is 250,000 Euros through a property purchase. 

Only spouses can share and jointly own an investment property to the value of 250,000Euros . If two families are interesed in co-owning a property, their investment obligation needs to be minimum of 250,000Euros for each family, so the property purchase needs to be minimum value of 500,000 Euros. 

Whether you are investing in residential or commercial real estate, you can buy your property either as an individual or jointly with other investors, or alternatively as a legal entity (owning 100% of the company shares).

seventynine_investments6

Real estate investment options for Golden Visa acquisition in Greece

There is an abundance of choice when you are interested in investing in Greece for a Golden Visa. Whether you are investing in residential or commercial real estate, you can buy your property either as an individual or jointly with other investors, or alternatively as a legal entity (owning 100% of the company shares).

Types of properties eligible for a Golden Visa application are incredibly varied, ranging from apartments, detached houses, villas and entire buildings, to shops, offices, hotels and even plots of land.

RESIDENTIAL PROPERTY

seventynine_investments18
  • Apartment/Flat
  • Maisonette
  • Detached House
  • Luxury villas & Cottages

COMMERCIAL PROPERTY

seventynine_investments14
  • Shop
  • Office
  • Warehouses
  • Hotel

PLOT OF LAND

seventynine_investments15
  • Olive Field
  • Vineyard
  • Farm
  • Land for Touristic Development

The type of properties eligible for Golden visa application in Greece tremendously vary