Residence Permit by Investment
One of the world’s most popular tourist destinations, ranking in the world’s top 20 countries. Greece is known for its beaches, from the black sands of Santorini to the party resorts of Mykonos. It’s a geographically appealing place to visit, with a mountainous mainland and idyllic island beaches
In April 2013, Greece introduced law 4146/2013, giving Non-EU citizens and their family members the right to obtain Residency permits by investing in Real Estate in Greece. In order to Qualify, an investment of Euro 250,000 is required in real estate in Greece. The duration of the Residence permit is 5 years and it can be renewed indefinitely (for a 5-year period each time) provided that the investment is maintained by the applicant. However, citizenship can only be granted if they reside in Greece for 7 consecutive years of residency.
One of the main reason why the Greek program is particularly attractive is because this required investment amount is the lowest among the Southern European countries that have their own investment-based real estate programs.
In addition to the real estate investment applicants will need a clear criminal record and medical insurance to cover any stay in Greece. There is no minimum stay requirement.
Investment Amount: Euro 250,000
Investment Type: Real Estate
Nationalities preference: Open to all Nationalities
Permanent- Residency Timescale: 2-3 months
Citizenship Timescale: 7 years
- Travel directly from your country of origin to any Schengen country including the United Kingdom
- Residents are welcome to travel and reside freely within the Schengen Area for up to 3 months every 6 months period with the right of multiple entries.
- European Residency status for a lifetime.
- Mediterranean climate.
- Citizens have the right to live and work anywhere within the 34 countries of the European Union (EU).,/li>