GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment

What is Greek Permanent Residency?

Greek Permanent Residency, also referred to as the Greek Golden Visa, provides a accessible way for non-EU nationals to acquire legal residency in Greece through investment. Since its inception in 2014, the Greek Golden Visa has gained popularity as a popular residency scheme. What sets the program apart is its low investment threshold, beginning at EUR 250,000, making it one of the most affordable options within the EU. With the guidance of expert advisors, investors can enjoy a seamless process, via real estate acquisitions or long-term leasing options.

What is Greek Permanent Residency?

Eligibility Criteria for Greek Permanent Residency

The Greek Permanent Residency initiative extends eligibility to family members of the primary applicant. Applicants can add their partners, kids, and in-laws in the residency application. By enabling multi-generational residency under a single investment, the program provides stability for families. Eligibility requires that investments fall within the relevant tiers: EUR 250,000, EUR 400,000, or EUR 800,000, depending on the location. Savva & Associates LTD offers expert advice, ensuring clients opt for suitable options.

What is Greek Permanent Residency?

Benefits of Greek Permanent Residency

The advantages of obtaining Greek Permanent Residency are numerous. Visa-free travel within the Schengen Zone is a core advantage, providing access to 26 European countries. 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 adds to the program’s appeal for families. Residents are free to live in Greece, thanks to the absence of a minimum stay rule. Savva & Associates LTD ensures clients unlock every advantage by handling every detail of the application.

How to Apply for Greek Permanent Residency

Applicants can start the process by choosing an eligible property in Greece. A 10% deposit locks in the purchase, and Savva & Associates LTD assists at every stage. By granting Power of Attorney, applicants authorize representatives to handle matters on their behalf. Once the property is registered, the immigration office processes applications swiftly—often within a week. Savva & Associates LTD monitors timelines to ensure timely completion throughout the process. Applicants must visit Greece to provide biometric data, which is in-person step required. With full-service assistance, Savva & Associates LTD manages all details.

Required Documents for Greek Permanent Residency

Applicants need to submit a series of documents to complete the Greek Permanent Residency process. These include a valid passport, private life insurance policy, and a purchase agreement or lease contract. Including family members requires submitting birth and marriage certificates. All documents must be translated into Greek or English according to program guidelines. The experts at Savva & Associates LTD handle document management, reducing the burden on applicants. The process includes submitting fees and scheduling biometric appointments. Savva & Associates LTD provides seamless document management, minimizing the risk of complications.

Greek Permanent Residency Through Real Estate Investment

Real estate investment is the most popular route to Greek Permanent Residency. Recent changes have introduced new tiers: EUR 250,000, EUR 400,000, and EUR 800,000, depending on the location. High-demand areas such as Mykonos and Santorini demand larger investments. Properties eligible for investment include villas, apartments, and commercial spaces, offering flexibility. Rental income opportunities add financial value on real estate investments. Savva & Associates LTD helps investors in identifying high-potential properties. Whether applicants opt to visit Greece, Savva & Associates LTD ensures the transaction is managed smoothly.

Renewal and Maintenance of Greek Permanent Residency

Greek Permanent Residency remains valid for five years, with renewal available every five years as long as the investment is maintained. Applicants do not need to reside in Greece to retain their residency, offering flexibility. Families can transfer property ownership to children over 24, ensuring continuity in residency status. This feature makes the program attractive for families seeking long-term residency solutions. Savva & Associates LTD provides assistance for residency renewals and ensures compliance with all requirements. The firm also guides clients toward citizenship. With continuous assistance, Savva & Associates LTD helps clients stay compliant.

GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment