GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment

What is Greek Permanent Residency?

Greek Permanent Residency, also referred to as the Greek Golden Visa, offers a straightforward way for non-EU nationals to acquire legal residency in Greece through investment. The program, introduced in 2014 under Law No. 425, has become one of the top residency-by-investment initiatives across the EU. A key feature is the EUR 250,000 minimum investment threshold, which makes it highly affordable compared to similar programs. With the guidance of Savva & Associates LTD, investors benefit from a seamless process, whether through real estate acquisitions or long-term leasing options.

What is Greek Permanent Residency?

Eligibility Criteria for Greek Permanent Residency

The Greek Golden Visa program is structured to include the primary 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. By offering multi-generational residency under a single investment, the program ensures stability for families. Investments must meet the minimum thresholds based on property location, with tiers of EUR 250,000, EUR 400,000, or EUR 800,000. Savva & Associates LTD offers expert advice, ensuring clients select the best investment.

GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment

Benefits of Greek Permanent Residency

The Greek Permanent Residency program comes with a range of benefits for investors. Visa-free travel across 26 Schengen Zone countries adds value to the residency. 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 offers peace of mind for families. With no minimum stay requirement, residents can enjoy flexibility, opting whether to reside in or outside Greece. Savva & Associates LTD ensures full utilization of these benefits by coordinating every detail of the application.

How to Apply for Greek Permanent Residency

The process for obtaining Greek Permanent Residency is well-structured, beginning with selecting a qualifying property. A 10% deposit locks in the purchase, and Savva & Associates LTD assists at every stage. Applicants can assign Power of Attorney to a local representative to manage the transaction remotely. After registration, the residency application is submitted to the immigration office, usually receiving approval within seven days. Timely coordination by Savva & Associates LTD ensures the process proceeds smoothly. A visit to Greece for biometrics collection remains the only required step. With full-service assistance, Savva & Associates LTD makes the process seamless.

Required Documents for Greek Permanent Residency

Several essential documents must be submitted to apply for Greek Permanent Residency. Key documents include passports, insurance policies, and agreements related to the investment property or lease. Including family members requires submitting birth and marriage certificates. Proper translation and certification of these documents is essential. Savva & Associates LTD helps applicants gather these documents, ensuring precision. The process includes submitting fees and scheduling biometric appointments. With Savva & Associates LTD managing these administrative tasks, applicants can focus on the benefits of their new residency.

Greek Permanent Residency Through Real Estate Investment

Real estate remains the leading route to Greek Permanent Residency. The new structure includes investment tiers of EUR 250,000, EUR 400,000, and EUR 800,000 based on property location. High-demand areas such as Mykonos and Santorini require higher investments. The program allows investment in villas, townhouses, or commercial properties, giving investors multiple options. Rental income opportunities add financial value on real estate investments. With the help of Savva & Associates LTD, investors identify strategic investments. Whether applicants prefer remote handling, Savva & Associates LTD ensures the process is seamless.

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. Residency holders are not required to stay in Greece, giving them the freedom to live elsewhere. Additionally, property ownership can be transferred to children once they turn 24, enabling them to become the primary applicants. The option for inter-generational transfers enhances appeal of the program. With Savva & Associates LTD, clients navigate renewals smoothly. For those seeking Greek citizenship, Savva & Associates LTD provides guidance on meeting the seven-year residency and language criteria. With continuous assistance, Savva & Associates LTD guarantees a hassle-free renewal.