Individuals who aren’t EU citizens and wish to acquire residency in Greece through any available option can choose to obtain a Greece Golden Visa as one of their options. This visa is considered one of the most affordable options for acquiring residence in Europe by investing in assets or real estate. Those who are successful in acquiring this visa will be able to benefit themselves and their family by gaining access to Europe. These benefits include being permitted to travel through Europe visa-free, which can be included in the residency program. Let us learn more about this visa comprehensively.

What does the Greece Golden Visa Program Entail?

Individuals from outside the European Union can utilize the Greece Golden Visa program, which allows them to gain residency in Europe by investing in real estate or other assets. There are numerous investment options available to these individuals, but real estate is the most popular choice, which can start as low as € 250,000. This program was first introduced in Greece in 2013 as an effort to attract more foreign investors to the country and stimulate its economy following a financial crisis. For any individual who wants to travel to Europe without needing a visa, choosing the Greece Golden Visa is one of the best options available.

The Advantages of the Greece Golden Visa (Investor Visa in Greece)

The Greece Golden Visa, also referred to as the investor visa in Greece, offers various benefits that its holders are entitled to enjoy. Such benefits include:

Permitted to Relocate and Keep Studying in Greece

The Greece investment visa allows its holders to relocate to the country with their family and spend as much time as they’d like in the country. Additionally, these individuals are also permitted to study in Greece.

Being Permitted to Travel Visa-free in the Schengen Area

The Schengen Area refers to a group of European countries that have legally abolished the need for a passport and any other kind of official border control at their mutual borders. At the time of writing, there are 29 Schengen countries. One of the benefits of obtaining European residency through this visa is that it allows individuals to travel freely and stay in any of these countries for up to 90 days.

Acquiring a Path to Citizenship

One of the benefits of the Greece Golden Visa includes the opportunity to apply for citizenship after spending seven years of residency in Greece.

There are numerous other benefits of this visa, and if you’re interested in learning more about these benefits before applying, contact us today to learn more:

What are the Eligibility Criteria for the Greece Golden Visa?

There are various Greece residency requirements that you’ll need to meet but they are quite easy to understand. So long as you have enough finances to invest in any kind of real estate or an eligible asset for the Greece Golden visa, you’ll be permitted to apply for one. The requirements include:

  • Having no prior criminal record of any kind.
  • Being at least 18 years of age. 
  • Having health insurance that is valid in Greece. 
  • Creating an investment that qualifies as an eligible asset in Greece.
  • Providing evidence that your investment is legitimate. 
  • Proving to the proper authorities that you pose no danger to the well-being of Greek citizens. 

FAQs about Greece Golden Visa

Am I Allowed to Rent the Real Estate I Invested In?

Yes, you’ll be given the right to lease out your real estate as soon as you’ve acquired it and enjoy the passive income that comes from it. 

Are You Allowed to Purchase More than One Real Estate Property When Applying for a Greece Golden Visa?

Yes, you’re allowed to invest in as many real estates as you’d like. As long as the combined values are equal to or greater than 250,000 EUR, you’ll be eligible for the visa. 

Conclusion:

The Greece Golden visa is a specific type of visas that allows investors to invest in real estate or other assets and gain residency in the country of Europe. There are numerous benefits it can provide, and we have also discussed the eligibility requirements. If you have any further questions, please contact us today: