Residence Permit by Investment - Greece

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Advantages and Benefits of the Greece Golden Visa

Free visa travel to 29 Schengen countries, including Bulgaria and Romania..
Eligible to stay in other EU countries for up to 90 days within a 180-day period.
Fast processing (2–4 months).
Eligible to apply for three generations: spouse, children (dependants) up to 24 years old, and parents.
No medical check-up (MCU) or English language proficiency required.
Ability to conduct business in Greece, but employment is not permitted.
Access to education and public facilities in Greece under the same conditions as citizens.
No Worldwide Income Tax..
Enjoys tax benefits..

Minimum investment

€800.000 :
- One eligible property with a minimum area of 120 m² in high-demand areas such as Athens, Thessaloniki, Mykonos, Santorini, and islands with more than 3,100 inhabitants.
€400.000:
- One property with a minimum area of 120 m² in another region of Greece.
€250.000: Regardless of the property’s location or size:
- Acquire and fully renovate a property with historical or cultural value. Renovation must be completed by Year 5 to renew your Golden Visa, OR
- Converting commercial (shop, office) or industrial property into residential (conversion must be completed before application submission).

Minimum investment

€500.000 :
- Capital Investment in Greek Companies
  - In the form of shares, bonds, or participation in a Greek company listed on the Greek stock exchange.
- Deposits in Greek Banks.
  - Minimum 12 months with commitment to extend.
- Investing in Greek Government Bonds
  - Minimum term of three years.
- Mutual Funds or Investment Funds
- Greek Real Estate Company Shares
€250,000 : into Start Up Business

Dependants
- Spouse.
- Dependent children (under 24 years old).
- Parents.
Minimum Stay
0. You only need to visit Greece once in 5 years.
Processing Time
3–6 months
Work/Business
- As a Greece Golden Visa holder: Employment is not allowed, but you may conduct business or establish a company there.
- After obtaining LTR (Long Term Residence) / Permanent Resident or citizenship: You are allowed to work as an employee and conduct business.

Renewal
Every 5 years, by showing proof of investment.
Permanent Resident (PR)
After at least 5 consecutive years of residence in Greece, you can apply.
Citizenship
- After living 7 years in Greece.
- A Greek exam is required.

Property can be sold at any time, but you need to REINVEST to extend the Residence Card, or
If you apply Long Term Residence Permit (after living in Greece for 5 years), you can sell the property after the permit is approved, or
After citizenship is granted, the property can be sold permanently.