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An introduction to the Greek Golden Visa program

What is the Greek Golden Visa program?

The Greek Golden Visa Program allows citizens of non-EU countries wanting residency in Greece citizenship by investment into assets and real estate in Greece. The minimum investment amount is 250,000 and ensures a five-year residence permit for you and your family to live in Greece and travel visa-free across the Schengen region.

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What are the benefits of a Greek Golden Visa?

For people wanting to live in Greece citizenship by investment has proven popular, with applications rising steadily since the scheme was launched in 2013, resulting in 2,432 applications in the last quarter of 2022 alone.

The benefits include the right to live in Greece with the associated education and healthcare benefits that Greek citizenship brings. There is no minimum stay requirement and you do not need to visit Greece in person in order to begin your application. The Golden Visa also allows you to travel across the 26 countries of the Schengen region without having to apply for an additional visa. The above benefits also apply to your spouse and any children aged under 21 years.

The Greek Golden Visa has the lowest investment threshold in Europe as well as the potential benefits of the Double Taxation Treaty, meaning that you may not be taxed in Greece for your international income.

How do I apply for a Greek Golden Visa?

In order to obtain Greek citizenship by investment and apply for a Greek Golden Visa you must be a non-EU/EEA citizen who is aged 18 years or over. A clean criminal record and proof of medical insurance are also required.

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In order to begin the application process you will need the support of a legal team who are experienced in aiding applicants to acquire Greek citizenship by investment. They will be able to guide you through the process of opening a Greek bank account and getting a Greek non-resident tax number. They will also execute the legal processes necessary for purchasing property in Greece and prepare the documentation required for the Golden Visa application process.

Niru Eilish

Niru

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