A Comprehensive Guide for 2021
Golden Visa in Greece
The Golden Visa in Greece gives non-EU citizens the unique opportunity to gain access to permanent residency in one of the most beautiful countries of the world by investing in real estate.
In an increasingly globalized world, freedom of movement is becoming a strong desire, if not a necessity, for many people.
The possibility of being able to experience life in other parts of the world is a constantly appealing option. And in this category, Greece is a top contender with its internationally renowned quality of life and strategic location between the East and the West.
Have you decided to take the big step and make your dream come true?
We at Roula Rouva Real Estate Agency in Corfu, with our extensive listings of villas and properties for sale in Corfu and all over Greece, and our amazing team of experts and specialized associates, make sure that stress has no place in the process.
But even if you are mid-way there and you have already acquired a property, get in touch with us and we will guide you through your Golden Visa application with absolute care and a big smile.
Thinking of buying property and applying for a Golden Visa in sun-kissed Greece? The time is right. Contact us now for more information.
A few words about the Greek Golden Visa Program
The Greek Golden Visa scheme was introduced in 2013 by the Greek authorities. It is a residence permit which gives people who invest at least 250,000 EUR in real estate the right to live in Greece for an initial five-year period, which can then be renewed every five years. Successful applicants who meet all requirements and get granted the Golden Visa Card can travel across the Schengen Area, an area comprising 26 European countries that have officially abolished all passport and other types of border control at their mutual borders, without the need for an additional visa. They can also travel back to their country of origin without having to go through Greece first.
Besides being one of the most cost-effective programs for a Golden Visa in Europe, Golden Visa in Greece provides to any natural person and their core family members the unique opportunity to freely reside and move within the EU. Thus, they have access to a wealth of benefits, such as high-quality education, a healthcare system that is centered around people, many options of insurance policies for pensions, and other supporting programs. With as low as 250,000 EUR, you can qualify for permanent residence in a particularly promising real estate market and find your own place in paradise, meaning our stunningly beautiful corner in the eastern part of the Mediterranean.
Who is eligible for a Golden Visa in Greece?
Any non-EU/EEA country citizen who is at least 18 years old can qualify.
I am the main applicant. Can my family join me?
They sure can. You can include in the program your spouse and children under the age of 21. That way, all your family members can receive and enjoy the entire array of benefits of a Golden Visa card.
In addition to that, the Greek Golden Visa program also provides an Extended Family benefit. According to that, the main applicant’s parents and parents-in-law can also receive cards without any further obligations.
Is there a possibility of joint ownership?
Yes. In cases of joint ownership, with a property worth 250,000 EUR, the residence permit is only granted if the owners are spouses or partners with a cohabitation agreement in Greece, with undivided ownership of the property. In all other cases of joint ownership, the permit is only granted if the amount invested by each of the joint owners is at least 250,000 EUR.
Does the Golden Visa concern a single property? Can I apply if I intend to buy more than one properties?
As long as the combined value of your investment is equal to or greater than 250,000 EUR, it does not matter if you own one or more properties.
How long does it take for the completion of the process?
For the entire process of finding a property for sale in Corfu or anywhere else in Greece, buying it and following all the formalities for a Golden Visa card, you can expect around six months.
Do I have to visit Greece to apply for a Golden Visa?
If you wish to visit Greece to choose and inspect the property to be bought, you will have to apply for an entry visa at a Greek consulate or the Greek Embassy of your country of origin.
However, a physical presence is not mandatory anymore. The Greek Government changed the Greek Golden Visa Law on December 23rd, 2020, and the process can now be done completely remotely, without the need to visit Greece at allduring the application. In this case, all you have to do is contact us, and we will take all the steps together. We have a lot of experience in issuing Golden Visa residence permits, so we can easily complete the investment and submit the application on your behalf. You and your dependents will only be required to come to Greece physically once after your application is approved, in order to provide your biometrics data (fingerprint).
This is a particularly important development, as the Covid-19 pandemic has set serious restrictions on international travel, and now way more families will consider applying for a Golden Visa in Greece.
Can I apply for Greek citizenship?
If you want to apply for Greek citizenship and get a Greek passport, it is possible. The condition is to live and pay taxes in Greece for seven years.
Some more useful information
- If they want, investors can transfer their property along with their residence permit to another foreigner. There is no minimum time the property has to stay in your possession before that happens.
- The Greek Golden Visa offers access to the European educational system, which is of a high standard.
- There is no obligation for the investor or their family members to stay in Greece in order to maintain their Golden Visa status.
Get in touch with us
Living standards, safety, and excellent education are the pillars of European life and you can now be a part of them. Let the Golden Visa be your gateway to the quality of life you have dreamt of. Our agency, Roula Rouva Real Estate, is your partner in happiness. Call us today.