Greece
We assists international clients in obtaining residence and citizenship under the respective programs.
Congratulations you have taken first step towards a better future. Our team will contact you as soon as possible.
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.
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.
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.
Spouse
Children under the age of 21
Parents of the applicant and spouse- Spouse
- Children under the age of 21
- Parents of the applicant and spouse
Dual citizenship
Greece has made easy rules for individuals to claim citizenship through Greece citizenship by investment without any restriction on dual citizenship. Moreover, a citizen claiming his income only in Greece is liable to pay taxes, and all other revenues generated outside Greece are considered tax-free.
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:
- You can become eligible for processing your Greece Investment by Citizenship application by investing as low as 250,000 euros in real estate. Citizenship and passport can be availed after seven years of stay.
- Your residency status would be non-temporary from the very first day.
- Access to the Schengen area without any significant need for visa processing.
- A life-changing experience of having a luxurious life. An opportunity to do business in a European Union member state.
- You will have the right to bring your dependents along with you, including parents, children of age up to 21, and your spouse.
- There is no bounding or requirement of minimum staying days.
- Experience good weather conditions to live in and quality of life.
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:
- Property worth at least 250K euros with applicable taxes.
- The minimum investment amount will change to 500K euros after April 30, 2023
- A 10-year lease agreement in tourist areas with furnished tourist residences or hotel accommodations.
- The domestic partnership agreement should be signed for a 10-year time-sharing agreement.
- A minimum capital investment of 400K euros in a registered company in Greek banks.
- A bank account statement showing 400K euros investment in government bonds.
- Make a 400K euros investment in shares or bonds of real estate investment companies.
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.
- Fees, including complete property purchase expenses and the Greek Residence permit, are approx—8% of the net price.
- Taxes on new property purchased is either 3.09% or VAT 24% depending on various parameters
- Minimum required age is 18
- Clear criminal records
- Significant investment in Greece
- Obtained medical insurance from a Greek company
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:
Step 1: Apply for a Greek national visa at an Embassy of Greece or Consulate.
Step 2: Enter Greece and finalize your investment. Hiring an expert is optional.
Step 3: Arrange all the crucial documents for the Green Citizenship by Investment.
Step 4: File the documents at the local Alien and Immigration Department.
Step 5: The visa process will take around 3 months.
Step 6: If the decision is favorable, you must give your biometric information in Greece.
Step 7: Receive Greece Residency by Investment permit for 5 years.
Step 8: 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:
- Application form
- Recent passport-size pictures according to Greek visa photo requirements
- Valid passport with the required visa
- Government fees payment receipt
- Greek health insurance for yourself and family members
- Funds proof
- Additional documents are required for your investment, like purchasing real estate, renting a hotel or tourist establishment, or investing in a company.
How DM CBI Can Help You With The Process?
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Process Overview
Applying for a Greece Golden Visa starts with looking for a property to purchase. You can look for property online or visit to choose what and where to invest. Once the purchase is made, it is time to apply. Applications can also be submitted directly or through a consultant. Applications must be processed and presented through DM consultants to ensure everything runs smoothly. You can only initiate an application once if the property purchase documents are attached. The applicant and dependents must possess a clean criminal record (evidence of which will also be attached therein). Unlike other countries’ visa processes, it is a time-saving and rapid process that could wrap up successfully in as little as 90 days.
Our Greece Investment Citizenship consultants in UAE offer the following services for availing citizenship by investment options in Greece.
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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.
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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.
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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.
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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.
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Obtaining Residence Permit
A residence Permit may take 1 to 2 months to be approved.
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Issuance of Residence Visa Approval
The estimated time to attain residence visa approval is based on the due diligence processing and end time.
FAQs
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We assists international clients in obtaining residence and citizenship under the respective programs.
Get in Touch
Congratulations you have taken first step towards a better future. Our team will contact you as soon as possible.
