Could Greece’s Residency By Investment Program become more popular than Portugal’s European Golden Visa Program
- It is possible that Greece’s residency by investment program could become more popular than Portugal’s European Golden Visa program. However, it is uncertain at this time if it will overtake Portugal as the most preferred option.
- The Greek Golden Visa Program has become increasingly popular among foreign investors seeking a European secondary residence, due to the increasing number of applicants globally and the recent restrictions placed on the Portuguese Golden Visa.
- According to imidaily.com, more applicants obtained the Greek Golden Visa in 2021 than the amount of new investor residents in Portugal (865).
Can I get a Golden Visa for Greece, if I buy a house & Is it the most flexible European residency by investment program?
- To obtain a Golden Visa for Greece, you must meet the requirements set by Greek authorities.
- Additionally, you may be eligible for residency in Greece if you purchase a house that meets the criteria set by the government.
- Yes, the Greece Golden Visa Program offers a range of investment options, such as for high skilled managers or entrepreneurs.
- Of all the options, the purchase of real estate is the most popular choice for obtaining a permanent residence permit in Greece.
- The Greek Golden Visa is one of the most adaptable residency-by-investment systems in Europe, offering a range of options for those looking to obtain a residence permit in the country.
- Property Lease Option of the Greece Golden Visa:
- Yes, if you opt for the real estate purchasing option, the least amount you need to invest is €250,000.
- Additionally, Greece is part of the European Union and its real estate market is still within an accessible price range.
- It is possible to find properties worth a quarter-million euros.
- What’s more, Greece is a land of diverse attractions; not only can you find exciting seaside properties, but the major cities are also eligible for the program.
- Greece Golden Visa program:
- It offers foreign investors the opportunity to acquire a renewable residence permit by entering into a property lease agreement.
- This program requires the investor to sign a rental contract with a minimum duration of 3 (three) years, during which they are required to pay a fee to the lessor and receive the right to occupy the property.
- In addition to the rental payments, the investor must also pay a one-time fee for the permit.
- After the three-year period is up, the investor has the option to renew the permit for an additional three years with the same terms and conditions.
- The Greece Golden Visa Program provides a great way for foreign investors to invest in the country and enjoy the benefits of living there.
What are the other Real Estate Options for Greece Golden Visa program?
- It is not a well-known fact that you can acquire a permanent residency in the European Union just by leasing a property in Greece, instead of buying one.
- As an individual or a legitimate business entity (organization), you can enter into a contract to rent a commercial space meant for tourism related activities, and the duration of the contract must be at least 15 (fifteen) years.
- If you are looking for various business opportunities in Greece, you can search the internet for available properties.
- The Greece Golden Visa program offers other real estate options beyond the purchase of a home.
- These include investing in a commercial property, participating in a joint venture, or leasing a property.
- Additionally, those who are eligible may also obtain a residency permit through a time-share agreement.
- To invest in a hotel, motel, or other tourist residence, you must have at least €250,000 available to do so.
- Buy a timeshare for a minimum of €250,000.
- Obtain real estate as a present of a minimum of €250,000
- There is one option for investing in financial operations: purchasing securities or opening a bank account and depositing a minimum of €400,000.
How long does it take to get a Golden Visa in Greece?
- The process for obtaining a Greek Golden Visa typically takes between 6 to 8 weeks, depending on the specific circumstances of the applicant.
- Begin the immigration process overseas through a Greek Embassy or Consulate. This can take around 3 (three months) to complete.
- If you decide to apply for residency within Greece at the Department of Foreign Affairs, it should take around 1 (one) month.
- To apply for the Greece Golden Visa Program’s real estate options, you will need to contact the Ministry of Interior of Greece.
- They can provide you with information on the requirements and steps necessary to secure the visa.
- Additionally, you may need to consult with a real estate professional to explore the available real estate options and ensure that you meet all the necessary conditions.
Are you looking to gain residency through Golden Visa in Greece? Reach out to us and we’ll help you find the best possible plan for you.
- Contact us for a Free Evaluation & Consultation to discuss detailed Application, Procedure, Documentation and Cost Estimate.
- Please Call us on +91 8850318060 OR eMail Us: firstname.lastname@example.org for a free brochure.
- Obtain residency or citizenship in as little as 60-120 days**
- We at Corneredge aim to provide our customers with quality services at NO hidden FEE/charges.
- Trust, Confidentiality and Strong Professional Team at Corneredge to maintain and ensure the success rate in the processing of all immigration cases.