Greece

Due to the rich cultural heritage of classical Greece, this Balkan country in Europe has been a perfect choice for investing. You can avail residency permit through investment in real estate, bonds and shares, which leads to an easy pathway towards Greece Citizenship. As an accredited Citizenship by Investment consultant, we here at DM can help you obtain permanent residence in a European country hassle-free.

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    Overview Of The Country

    Greece has been a popular choice for investment due to its rich cultural heritage and tourist attractions. The country is a part of Europe, the Balkans, and the Mediterranean and is located at the junction of Asia, Africa, and Europe.

    Greece is regarded as the birthplace of a democratic type of government with a parliamentary system and is associated with the European Union (EU). Moreover, all the roots of modern philosophy or western philosophy join Greece. It is considered one of the oldest civilisations in Europe. Home to many historical sites, the Byzantine Empire, which controlled it for over a thousand years, and nearly four centuries of Ottoman rule. Other than historical places, Greece is famous for many beautiful natural sites, beaches and islands.

    It is famous for its aspects, and people find it amusing because of its ancient civilization, culture, and contributions to theater, philosophy, mathematics, and medicine, which makes Greece residency by investment the best option. However, for tourists, Greece has always been an ultimate holiday destination, sunbathing alongside the beach and enjoying the moments.

    Statistics Of The Country – Greece

    Greece is a country south of the Balkan Peninsula in Europe and possesses an archipelago of about 2,000 beautiful islands. Greece shares land borders with Albania, Macedonia, Bulgaria, Turkey, the Mediterranean Sea, the Aegean Sea, and the Ionian Sea. Greece possesses a very strategic location concerning the Aegean Sea and Turkish Straits. It has an area of 132 000 km, and the largest city and national capital are Athens. Greek is its official language.
    Population

    10.7 million

    Economy

    85% economy is based on the Service sector, 12% on the Industrial Sector & 3% of the economy depends on Agriculture.

    Currency

    Euro

    Time Zone

    GMT+3

    Languages

    Greek

    About Greece Citizenship By Investment Program

    Greece citizenship investment program is for all potential foreign investors offering affordability, quality lifestyle, business opportunities, and more. This program is the best opportunity to move freely around all other Schengen Countries without visa procedures. You can qualify for a residency permit valid for 5 years with a minimum investment of 250K euros in some regions of Greece. No minimum stay is required to qualify for a citizenship or residency through investment, and after seven years of actually living in Greece, you can become eligible for second citizenship and a passport. It offers a good return on investment as a tourist place; you can earn good rentals after purchasing properties. The program does not support the applicants only but also their families, who are the approved dependents. The parliament of Spain passed a bill in 2013 that proposed that all foreigners not a part of European Union Countries can temporarily acquire a residence in return for an investment of at least EUR 500,000 in the real estate business.

    Program Highlights

    Investment

    Applicants should have invested a minimum of Euro 250,000 in real estate. However, the minimum investment amount will change to 500K euros after April 30, 2023, if your target is to purchase a property in municipalities in Athens, Thessaloniki, Mykonos, and Santorini. They must pay the applicable taxes per the authorities’ requirements.

    Free Mobility

    Greece Residents can enjoy Visa-free travel to all Schengen Countries. After seven years of residence in Greece, you can apply for citizenship and a passport which means hassle-free travel to 172 countries.

    Dependents

    Applicants can add all the following dependents to the Green Citizenship by Investment application.

    Dual citizenship

    After attaining eligibility to apply for Spain Citizenship by Investment through various investment schemes and completing all the formalities, the Government of Spain generally issues an initial residence permit in less than 30 days. The initial investment residence permit duration is for a year or two, but the same is extendable up to 5 years on request.

    Processing time

    Having Citizenship in Greece may take approximately 1 to 2 months from the application submission to its approval. Moreover, the Greece program can be availed within 90 days and is renewable every five years if the property investment is retained.

    Key benefit

    Greece residents and citizens can travel hassle-free across the Schengen area and many more countries across the world. It offers high rentals on investment in real estate property being a renowned tourist place. Citizens can avail healthcare, educational and other advanced facilities in a historical country.

    Benefits of Greece Golden Visa Program

    The benefits of having a Greece Visa for UAE Residents are appealing due to its membership with the European Union:

    Greece Investment Options for Citizenship or Residency

    The Green Citizenship by Investment Program enables you to enjoy various benefits as Greece citizens. The Program was initiated in 2013 to let all non-EU nationals and their family members have residence permits by investment in Greece, which may also be renewed every five years. Following are options for investing which make you eligible for applying for this program:

    Requirements Of Greece Citizenship By Investment

    This Citizenship by Investment program is different from other countries’ visas as the applicant is not bound to stay in the country for a definite period to achieve a residence permit. Similarly, there is no binding to remain in the country to get the residency permit renewed. The Green Citizenship by Investment enables the applicant to live and set up a business but cannot work in Greece. Following are the application requirements.
    You can consult with the experts at DM for FREE to know whether you are eligible to apply for the Greek Golden Visa program. Our counselors can help you with investment procurement and the Greek visa application process

    Greece Citizenship by Investment Process

    A step by step process for Citizenship by Investment application process:

    Apply for a Greek national visa at an Embassy of Greece or Consulate.

    Enter Greece and finalize your investment. Hiring an expert is optional.

    Arrange all the crucial documents for the Green Citizenship by Investment.

    File the documents at the local Alien and Immigration Department.

    The visa process will take around 3 months.

    If the decision is favorable, you must give your biometric information in Greece.

    Immigration application Step Seven

    Receive Greece Residency by Investment permit for 5 years.

    Immigration application Step eight

    Greece Residency by Investment permit for 5 years.

    The experts at DM can assist you in a smooth trip to Greece, guide you in the investment process, help you see properties, meet with professional lawyers and government officials, and apply for the Green Citizenship by Investment

    What Documents are Required to Apply for Green Citizenship by Investment?

    The essential documents required for a Green Citizenship by Investment application process are:

    How DM CBI Can Help You With The Process?

    Process Overview

    Applicants can chose from multiple investment options. Aside from making an investment of USD 1,000,000 in a new enterprise or an investment of USD 500,000 in a new enterprise within a specific commercial region, applicants are also required to actively manage their daily operations and all facets of their business operations. Our Greece Investment Citizenship consultants in UAE offer the following services for availing citizenship by investment options in Greece.

    Prerequisite Check

    The DM experts will do an initial check before applying. It is to understand and overcome the possible hazards your application may face from getting approved.

    Choosing Real Estate Property

    The applicant can choose the property online or visit to choose one. Once the property has been selected, you can ask the DM consultant to process further legal requirements or do it yourself. The choice for investment is given to the applicant, and he may choose among the above options for investment.

    Submission of the Application

    The applicant has to travel to Greece to get the passport stamped before applying for the Green Citizenship by Investment. However, if the applicant does not possess Schengen Visa, then an option for Greek Tourist Visa is to opt from the Greek Consulate in the applicant’s country of origin. In the meantime, representatives of DM consultants will prepare property purchase documents to complete the purchase and submit the finalised Residency Permit documentation to the Government. Our Greece Investment Citizenship consultants in UAE offer the following services for availing citizenship by investment options in Greece.

    Due Diligence Check

    After the application is submitted the authorities cross verify the details provided by the applicant. Any application for Green Citizenship by Investment with inaccurate data or misinformation regarding the applicant can result in visa denial.

    Obtaining Residence Permit

    A residence Permit may take 1 to 2 months to be approved.

    FAQs

    The minimum investment amount to be eligible criteria for Green Citizenship by Investment is 250K euros in real estate. However, the minimum investment amount will change to 500K euros after April 30, 2023, if your target is to purchase a property in municipalities in Athens, Thessaloniki, Mykonos, and Santorini. They must pay the applicable taxes per the authorities’ requirements. A 10-year lease agreement in tourist areas with furnished tourist residences or hotel accommodations will also suffice—a minimum capital investment of 400K euros in government-authorized bonds or shares.
    Through Greek residence permit cards, you and your family can enjoy visa-free travel to all Schengen Countries, which include Austria, Belgium, Germany, France, Italy, Spain, the Czech Republic, Denmark, Estonia, Finland, Iceland, Norway, Poland, Sweden, Switzerland, and more. Greece is an EU Member State, and citizenship (passport) gives easy access to the EU free market and visa-free travel to 172 countries.
    Following are the eligibility requirements for Green Citizenship by Investment Minimum age of 18 Make a significant investment in Greece. Health insurance from a Greek company You are not allowed to have any criminal records from any country where you have lived.
    Golden Visa in Greece offers a five-year residence permit to non-European Union nationals and their families. Residency benefits include visa-free travel in the Schengen area and eligibility for citizenship. An investor gets eligible for citizenship after a minimum period of seven years of stay in Greece and pays government charges. Also, your solid ties with the country should be well documented, and you should acquire at least primary Greek language and culture knowledge.
    You will be issued a five-year residence permit that you can extend for additional five-year terms (as long as you own the property).