The Golden Visa Greece has become a very helpful tool for investors, entrepreneurs, and those who seek international mobility and opportunities for business development. According to the program, foreign investors have an opportunity to get a residence permit in Greece at the expense of making an investment of a certain type in the country. Within this article, let’s review most of the important features and business opportunities that are presented by the Greek Golden Visa.
Benefits of Greece Golden Visa
- Legal Stay in Greece: Golden Visa holders have a legal right to stay in the Hellenic Republic, and this affords them an opportunity to enjoy the beautiful sites, historical attractions, and the rich culture the country has to offer.
- Free Travel in the Schengen Area: The Greek Golden Visa also affords you the option of traveling freely within the countries that make up the Schengen without any need for a visa separately.
- Most-Favourable Investment Conditions: The Greek Golden Visa Programme offers a selection of various investment options that can be chosen based on an investor’s personal goals and priorities when choosing an investment option to apply with.
Types of Investments
Real Estate Investment: Perhaps, one of the most common ways to get a golden visa in Greece is investing in its property. The minimum investment amount happens to be €250,000, which is a quite affordable category for many investors.
Bank Deposit: The bank deposit can be done in any Greek bank, with a minimum deposit of €400,000, and will qualify an applicant for a golden visa.
Business Investment: Other ways include business investment in Greece. It could be a new business or even investment in an already existing business that would further help in the economic development of the country.
Business Opportunities:
Tourism and Hospitality Business: Greece is one of the favorite tourist destinations in the world. It therefore creates much opportunity for developing various kinds of hotels, restaurants, travel agencies, amongst others.
Agrotourism and Sustainable Business: One of the most encouraging directions that Greece could undertake would be agritourism and environmentally sustainable businesses, given the wealth in which the state is endowed with.
Greek Golden Visa is not only an opportunity for staying legally in the country but also as an investment tool which will open a door to a wide range of business opportunities. In turn, consideration of some investment options and advice from professionals may be helpful for choosing the most proper direction towards achieving your business goals in Greece before starting with the golden visa application procedure.
That includes a lot of considerable tax advantages and benefits, which, in turn, make it even more attractive for foreign nationals who also want to realize their respective business plans in this country. It is relevant to consider the main tax advantages of the Greek golden visa and their influence on business and investment in this respect. The latter include:
Tax Advantages
- Tax Rates: Probably the most attractive benefit of a golden visa is enjoying favorable tax rates in Greece. Greece has a very low tax rate compared to most European Union states, hence it makes it the best destination for its residents and investors.
- Tax residency: Golden Visa holders can get tax residency status in Greece, which entails eligibility for tax benefits and exemptions. In this regard, tax liabilities may be reduced, and some possibilities can be opened to use different rates and regimes.
- Income Tax Benefits: The tax residents of Greece might be entitled to income tax benefits, in regard to investment income, such as reduced rates of tax or exemption from taxation of specific types of such income.
- No Tax on Property Abroad: Greece does not charge its tax residents with property tax for properties outside the country. Therefore, golden visa holders are not burdened with further, additional tax liabilities within the Greek jurisdiction due to their possession of properties abroad.
Impact on Business and Investment
Attractiveness for Investors: Greece is a very attractive investment destination due to tax incentives. Lower tax rates or reduced tax liabilities might thus result in more investment in the country.
Incentivising Business: Tax advantages are also supporting local business and entrepreneurship. With lower tax rates, companies can grow their profits and further develop the business.
Attraction of Talent and Professionals: It can also attract talented professionals and entrepreneurs to Greece who create innovation and growth.
The Greek golden visa offers some significant tax benefits for investors and businessmen that are interested in realizing business plans on Greek territory. Favorable conditions for taxation foment investment, activate the flow of business activity, and make Greece even more attractive for international investors. But, certainly, before making a decision on applying for a golden visa, one needs to seriously research all tax aspects and consult professionals in order to select the best tax plan according to your business and investment in Greece.
Advantages
Greece golden visa for an investment of 250,000 euros
No minimum stay requirements
More than 10,000 applicants have received the Greece golden visa
More than 30,000 family members of applicants have received Greece golden visa
What is residence permit in Greece?
The Greek Residence Permit is an important tool for foreign nationals who want to reside and do business in this fascinating country. A residence permit is a document that allows its holders to officially reside and work in Greece either on a permanent or temporary basis, thus opening the door to enormous business opportunities. Let us look into the main characteristics of residence permits in Greece and their influence on business.
Types of Residence Permits
Temporary Residence Permit: This residence permit has a specific duration and is renewable upon expiration. It is usually issued on the basis of employment, investment, study, or family circumstances.
Permanent Residence Permit: Permanent Residence Permit allows residence in Greece for unlimited time. It can be granted upon fulfilling certain requirements after living some time in the country.
Receipt Procedure
Application: The first step of the residence permit procedure is the filing of the relevant application with the immigration authority in Greece. With each different category requiring a number of documents and conditions, there is a need to carefully consider the requirements that concern them before the filling of an application.
Submission of Documents: In addition to the application form, one is usually required to include copies of a passport, certificate of criminal record, health insurance, and suchlike documents proving the purpose of stay in Greece.
Interview and Application Review: In some cases, an interview might be required or additional information necessary before the actual processing of the application can take place. Different residence permits and different applicant circumstances will affect the processing time.
Residence Permit: Once the entire procedure is completely and effectively completed, notification of the Greek immigration authority’s decision is given to the applicant. In case of approval, he/she is given the residence permit that entitles him/her to stay and work in Greece for a specific period of time.
Business Impact
Business opportunities: A residence permit in Greece may mean a great chance to open your own business in this country. It might be a restaurant, shop, travel agency, etc.
Access to the EU Internal Market: Greece is a member of the European Union and offers access to the vast internal market of the EU. A residence permit in Greece will allow you to conduct business freely within the territory of other EU member states.
Investment Opportunities: The Greek economy has a lot of investment opportunities starting from property and tourism and reaching as far as agriculture. Having a residence permit in your hands makes access to these opportunities easier and more convenient.
It enables the conducting of business in the country, with access to the EU market, as well as investing in all the leading sectors of the Greek economy. However, thorough research into all requirements and possibilities, including professional advice, is essential before commencing the process of obtaining the residence permit and ensuring the success of this process and its potential benefits for your business and life in Greece.
Key advantages of the Greece Golden Visa Programme
The Golden Visa Programme of Greece became an important tool for investors and entrepreneurs who wish to access life and business in that unique country. In an innovatory approach, foreign investors are offered to get a residence permit of Greece upon fulfilling certain necessary investments in its economy. Following are the main reasons why the Greek Golden Visa program presents an innovative solution to businesses and investment in Greece.
Advantage | Description |
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1. Investment Opportunities | The Greek Golden Visa program offers various investment options, including real estate, business ventures, government securities, and bank deposits, allowing investors to choose what aligns best with their goals. |
2. Legal Residence and Work | Participants gain a Greek residence permit, granting them the legal right to stay and work in Greece, while also providing access to the EU market with additional social and cultural benefits. |
3. Free Traveling in the Schengen Area | Golden Visa holders can travel freely across all Schengen countries without requiring an additional visa, facilitating business trips and expanding investment opportunities. |
4. Appealing Taxation Terms | Greece offers an attractive tax environment with low income tax rates and no offshore property tax for residents, alongside various incentives that encourage business and investment. |
5. Developed Infrastructure and Business Environment | Greece features a developed infrastructure and a favorable business environment, supported by modern technology and a skilled workforce, presenting numerous investment opportunities. |
The Greek Golden Visa Programme is one of the most unique opportunities for investors and entrepreneurs who wish to take advantage of the benefits of doing business and living in this nice country, having at their disposal access to investment opportunities, legal residence and work in Greece, free travels in Europe. However, before applying to the program, all the terms and conditions should be closely examined before participation, and importantly, professional advice is necessary in ensuring that it is going to be a successful process, maximum benefit to your business, and investment.
Benefits accruing from Greece Golden Visa
The Greek Golden Visa Programme is a strong tool for investors, entrepreneurs, and global citizens eager to extend their opportunities for securing a better future in a country boasting rich cultural heritage and an economy with growing potential. Let’s take a closer look at the main benefits of the Greek Golden Visa Programme from a business and investment perspective.
- The program offers the opportunity to obtain a residence permit in Greece, which will give the whole family the right to legally reside and work in the country. All this opens widely the horizons for business opportunities, investments, and development projects in Greece.
- Freedom of Travel in the Schengen Area: While Greek Golden Visa holders are entitled to free travels within the Schengen countries without the need to apply for further visas, this opens up new travel opportunities in many countries of the European Union for business, tourism, and investments.
- Developed Infrastructure and Business Environment: Business in Greece boasts modern infrastructures, access to the most recent technology, and a pool of human resources with high qualifications. In fact, this country is very appealing for any business. A favorable business climate, a government policy that supports it, and various investment opportunities are all factors that enable business development and growth in the country.
- Attractive Tax Terms: Greece is renowned for its appealing tax conditions to residents and investors, from low income tax rates through to exemption from property tax on out-of-country properties for tax residents, among other incentives that favor business and investment.
- Access to Education and Health: Owning a Golden Visa in Greece will provide the entire family with an opportunity for good education and health care. These form the significant basis on which family members are assured of well-engaged development aspects in a new country.
The Golden Visa Program of Greece is a great avenue for investors and entrepreneurs who have the aim to extend their options toward a future in one country with great cultural heritage and economic potentials. The program offers residence and work in Greece, free travel in Europe, a favorable tax system, and quality education and healthcare. It forms the ideal solution for those in search of stability and certainty, along with new opportunities for business and investment.
How to Obtain a Foreign Identity Card in Greece
The foreign identity card is one of the important documents in Greece that even enables a foreign national to officially stay and do business in this country. The steps to be followed, and procedures to be undertaken are being given below for businessmen and investors who need to get the ID. In this article, we will discuss a step-by-step guide on how a foreigner can obtain an ID card in Greece.
Step | Description |
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1. Document Preparation | This is the first step in obtaining a foreign ID card and includes:
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2. Submission of the Application | After preparing the necessary documents, submit your application for a foreign identity card to the relevant authorities in Greece, typically through the nearest foreign affairs office or local police station. |
3. Application Review Process | Once submitted, your application will undergo a review process, which may include verification of the submitted documents, a background check, and potentially an interview. |
4. Obtaining the Identity Card | After the review is complete, the foreign identity card will be issued, typically in the form of a plastic card containing the applicant’s basic information. |
5. Renewal and Re-registration | The foreign identity card has an expiration date and must be renewed or re-issued to maintain legal status in Greece. |
Obtaining a foreigner’s identity card in Greece is the subsequent and most crucial step to be taken by businessmen and investors who would want to fulfill their business plans in this country. You can confidently go through the process of obtaining this document and start developing your business in Greece by following the steps and procedures outlined above.
Residency in Greece for Non-EU Citizens
There exist a number of opportunities availed to one upon obtaining a residence permit in Greece, which is a country known for its historic feature, cultural traits, and a potential economy. In this article, we look into the aspects critical in the process of acquiring residence permission for non-EU citizens in Greece and the future of such applications on business and investment.
Residence permit types:
There are several types of residence permits that might be granted to non-EU citizens in Greece, including temporary and permanent ones. The former might be issued for working purposes, studies, family reasons, investments, etc., whereas the latter serves for residence in the country without time limits.
The procedure of obtaining residence permit:
In order to apply for a residence permit in Greece, non-EU citizens have to submit an application to which the passport should be attached, together with a certificate of criminal record and documents proving the purpose of stay and others. Such an application will be analyzed by a competent authority and, in case of consent, it will issue the residence permit.
Business opportunities:
Owning a residence permit in Greece exposes one to vast business and investment opportunities. One can have the opportunity to create his own business, invest in real estate, apply for the Golden Visa programme, among many other opportunities. Business in Greece means access to the European market and different investment chances. The following are some of the benefits attached:
Business Benefits:
Obtaining a residence permit in Greece for non-EU citizens means stability and certainty for the future, which is an important factor for a successful business. It opens access to European markets, education, and health care for the whole family, contributing to well-being and development.
A residence permit in Greece for non-EU citizens is an exceptional business and investment opportunity. This paper provides stability, access to the European market, and many opportunities for different investments; Greece remains an appealing place to live and conduct business. The application for a residence permit in Greece is the first step toward realizing your business plans and ensuring prosperity for you and your family.
What is a residence visa in Greece for Non-EU Citizens?
The residence permit in Greece for non-EU citizens is the most effective tool for non-EU citizens who want to make a life, business, and invest in this fascinating country with its rich history and cultural heritage. Let us look at the main aspects of the residence permit in Greece for non-EU citizens and its advantages for business and investment.
Residence Permit: This is a document that provides the holder with the right to stay in Greece for a defined period of time or permanently. The Greek authorities issue such a document, and this is one of the most important steps needed by those who want to be recognized as residents of this country.
The process of obtaining:For the issuance of the residence permit in Greece, the application is to be submitted according to the competent procedure and by providing the supporting documents required for the passport, certificate of criminal record, documents confirming the purpose of stay, and so on. When an application is submitted and examined by the competent authorities, in the case of a positive decision, the residence permit is issued.
Types of residence permits:Types of residence permits in Greece include: temporary and permanent. A temporary residence permit can be given on the ground of work, studies, family circumstances, or investments. On the other hand, a permanent residence permit means the right to reside in the country without a time limit.
Business opportunities and investments:Owning a residence permit in Greece opens various possibilities regarding business and investments: from establishing a business or investing in real estate to participating in the Golden Visa program, the options are endless. With Greece offering a decent business environment, access to the European market, and a lot of investment opportunities, one may hardly find another place like it. Obtaining a residence permit in Greece for non-EU citizens provides stability and certainty for the future, which is an important factor for a successful business. It opens access to European markets, education, and health care for the whole family and thus contributes to well-being and development.
A residence permit in Greece for non-EU citizens is one of the most significant business and investment opportunities. With the residence permit, this country promises stability, an open door toward the European market, and different investment possibilities—what every person wants to have when choosing a place of residence and operation. Application for residence permit in Greece is your first step in realizing your business plans and ensuring prosperity for yourself and your family.
Greece Golden Visa Changes 2024
The Golden Visa program in Greece is one of the most popular among many European investment immigration programs. It gathers an amassing number of investors and entrepreneurs across the globe. However, no program is perfect, and improvements or even corrections are most certainly needed or warranted upon time. In this article, we review changes within the Greek Golden Visa program for 2024, analyze them, and possible implications for businesses and investors.
Change | Description |
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1. Increase in Investment Requirements | The minimum investment amount to obtain a residence permit under the Greek Golden Visa program may be increased, raising the entry threshold for potential applicants. |
2. Reducing Investment Opportunities List | The program may feature a reduced list of available investment opportunities, possibly excluding certain types of properties or investment projects that were previously eligible. |
3. More Strict Verification Procedures | Anticipated strengthening of application vetting processes, including more stringent checks on financial performance and closer monitoring of investment projects. |
4. New Categories of Investment Being Introduced | New investment categories may be introduced to diversify the program and attract more investors, potentially focusing on sectors contributing to the economic development of Greece. |
5. Implications of This Policy for Business and Investment | Changes in the Greek Golden Visa program could impact business and investments significantly, making access more complicated for certain investors while also presenting new opportunities through the introduction of new investment categories. |
Changes to the Greek Golden Visa program for 2024 mark an important milestone in its development, considering developments in conditions and requirements. It is necessary that businesses and investors closely follow these changes and adjust their strategies to the new conditions so that it would be possible to further successfully develop their business projects in Greece.
Greece Golden Visa Programme
The Greece Golden Visa Programme is one of the most attractive investment immigration programs in Europe. In return for investments in the Greek economy, it allows getting residence, a fact that attracts a great number of investors and entrepreneurs from all over the world. This article will touch upon some key points of the Greek Golden Visa program, its benefits for business and investments, as well as the prospects for development.
Programme Terms and Conditions:
By investing in the Greek economy, the Greek Golden Visa programme allows for the acquisition of residence. The main conditions of the programme may be investment in real estate, equity participation in Greek companies, or investment in government bonds.
Benefits to investors:
It provides access to the European market and freedom of movement within the Schengen countries without additional visa limitations. Besides, investors and their families can obtain an opportunity to get education and health care in Greece.
Business opportunities:
The Greek Golden Visa program also offers great opportunities for business development: the investor can use his investment either to establish his own business in Greece or to invest in and develop already existing projects. It is a highly attractive business destination due to the favorable business environment and good access to European markets.
Development Prospects:
For many years, the Greek “Golden Visa” program was changed, improved, and then changed. Of course, there are hopes that in the next few years, it will continue to actively attract new investors and contribute to the economic development of the country. Prospects for the development of the program, first of all, include the expansion of the list of investment opportunities and improving the conditions under which participants are involved. This is likely to make it even more accessible to foreign investors.
The Greek Golden Visa Program indeed offers investment and entrepreneurship the best opportunity to gain access to the European market and a future in one of the most charming countries, steeped in history and culture. With its help, investors will be able not only to obtain a residence permit in Greece but also create new business projects, contributing to the economic development of the country.
Greece Golden Visa Investment Options
The Golden Visa of Greece is one of the most captivating options for obtaining a residence permit in Greece against investment in the Greek economy. One of the most significant elements of this program is the diversified amount of investment options available that can be used to take part in it. Let’s look at the main investment options of the Greek Golden Visa program and their benefits for investors.
Investment Option | Description |
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1. Property Investments | Investing in real estate in Greece at or above the statutory threshold to receive a residence permit. Benefits include stable rental income and potential property value appreciation. |
2. Investments in Greek Companies | Investing in Greek companies by purchasing shares or stakes in the capital, allowing participation in the growth and profit-sharing of the business while obtaining a residence permit. |
3. Investment in Government Bonds | Purchasing Greek government bonds of a minimum threshold value in exchange for a residence permit. Benefits include stability and potential interest income from the bonds. |
4. Various Investments in Funds | Investing in specific funds designed for the Golden Visa program, which may include various assets like real estate and securities, allowing diversification of risks and stabilizing income. |
Investment opportunities provided by the Greek Golden Visa Program give a very wide field of opportunities, which can be used for getting residency in this wonderful country. Whichever option an investor may choose, on the whole, investors have the opportunity to secure not only a predictable future in Greece but also to take an active part in the development of its economy and business.
Required Documents for Greece Residency by Investment
The Greece Residency by Investment Programme gives a rare opportunity to investors to get a residence permit in Greece with the help of an investment in the economy of this country. At the same time, the participation in this programme requires submitting a certain set of documents. Let’s see what the main requirements are, and what documents are needed for obtaining residence in Greece by investment.
Document | Description |
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1. Passport | A valid passport is required for entry into the program, covering the application period. |
2. Birth Certificate | Needed to prove identity. |
3. Certificate of No Criminal Record | Documentary proof of no criminal record for the applicant and all family members over 16 years old, usually from a police certificate. |
4. Health Certificate | A medical certificate from a competent institution confirming the absence of infectious diseases and the general health status of the applicant and family members. |
5. Documents Confirming the Source of Funds | Supporting documents like bank statements, income certificates, or property documents to validate the source of investment funds. |
6. Property Purchase Agreement or Investment Documents | Documents to confirm the transaction for property investment or certified investment documents by competent authorities. |
7. Other Documents | Additional documents may be required based on individual cases, such as marriage or birth certificates and further financial status documentation. |
Obtaining residency in Greece through investment is quite an affordable and attractive option for investors who want to obtain a secure future for themselves and their family in a country of unrivaled beauty with a great history and culture. Being able to provide the required documents according to the programme requirements is one of the most important steps towards successful residency in Greece.
Does Greece offer Golden Visa?
Golden Visa is such a kind of program that grants residence in a country to foreign investors in exchange for investment in the economy of that country. Among the various countries, Greece is one that offers Golden Visa; thus, it has become very attractive for people who want to create a secure future in Europe for themselves and their family. Let’s look at some features and benefits concerning the Golden Visa programme in Greece.
Benefits of the Golden Visa Programme in Greece
- Freedom of movement in Europe: One of the most attractive benefits of the Golden Visa in Greece is that there are no additional visa restrictions to move freely within the Schengen countries. That is the reason why Greece is one of the favorite destinations for investors who want to enter the European market.
- Stability and security: The stable political situation, combined with the credible legal environment, makes Greece an attractive destination in which to live and conduct business.
- Diversified investment opportunities: The Golden Visa program in Greece opens a wide range of investment opportunities for investors, from real estate investments to participation in Greek companies and investments in government bonds, among other available options.
- Right to education and healthcare: A Golden Visa member and his family have the right to receive education and healthcare in Greece, that means comfort at a high level and confidence in the future for them.
The minimum amount that should be invested, the provision of relevant documents, among others, are some of the requirements to be met by an investor in participation in the Golden Visa programme. The government’s support and wide ranges in different investment options make participation in the programme available to a wide range of investors.
The Golden Visa Programme represents the once-in-a-lifetime opportunity to get permission for living in Greece in exchange for the investments one makes in its economy. Its advantages and the generally appealing conditions of participation make it one of the most popular investment immigration programs in Europe, attracting lots of investors and entrepreneurs from all over the world.
Who can get a Greece Golden Visa?
The Golden Visa program for Greece is the best possible option for investors and their families to obtain a residence visa in this country against investment in its economy. However, this program is not open to all comers. Let’s have a look at who is qualified for the Golden Visa for Greece and what benefits come along with this advantage.
Investors: The largest competitors for the Greek Golden Visa program are investors looking to invest in the Greek economy. They can either be individual investors or companies who would like to make sizeable investments in Greece.
Entrepreneurs: They, too, can participate in the Golden Visa scheme. This could include creating new enterprises or even buying shares in firms already in operation.
Highly qualified professionals: Some Golden Visa programmes provide the possibility of residence for highly qualified professionals whose skills and knowledge can be useful to the development of the country’s economy.
Family members of the investor: Under the Greek Golden Visa Programme, a residence permit may also be obtained for the applicant’s family members, including spouse and children.
Advantages of Greek Golden Visa programme participation
- Access to the European Market: Participation in the Greek Golden Visa programme opens access to the European market and freedom of movement within the Schengen area, with no additional visa restrictions imposed.
- Stability and Security: Greece is known for its stable political situation and reliable legal environment; hence, it offers a very favorable place of residence and business area for foreign nationals.
- Wide range of investment opportunities: The program offers participants a wide range of investment opportunities, such as investments in real estate, participation in companies, investments in government bonds, and others.
- Education and health care: The program participants and their families have the right to education and health care in Greece-a high level of comfort and confidence in their future.
The Greek Golden Visa Programme is one of the most attractive opportunities for investors and entrepreneurs who want to secure a safe future for themselves and their family in Europe. Being one of the best investment immigration programs globally, the Greek Golden Visa gains more candidates due to its privileges and terms of participation.
How much does a Golden Visa in Greece cost?
Getting a Greek Golden Visa is a very attractive opportunity to obtain a residence permit in this beautiful country in return for investment in its economy. However, one of the important issues that interests potential participants is the cost of this program. Let’s look at what factors affect the price of the Greek Golden Visa and how you can calculate it.
Factors Affecting the Cost of a Golden Visa in Greece
- Choice of Investment Option: Among all factors that may determine the value of the Golden Visa, comes the choice of an investment option. A number of options may be followed within the frames of the programme, which include but are not limited to purchase of property, investment in companies, investments in Government Bonds. The cost of each one of them may vary upon the size of the investment.
- Property cost: The program price will differ based on the value of the property the investor is purchasing if he chooses to invest in property to obtain a Golden Visa. In Greece, there is a minimum threshold of property value that has to be attained for one to be qualified for the program.
- Other costs: Other than the investment cost, there are several other costs that investors have to bear, like administrative fees, lawyers’ fees, and taxes amongst others. These may also be one of the determinants for the overall cost of the program.
Calculation of the cost of the Golden Visa in Greece:
- Selection of investment option: Choose the investment option, which would best suit your intentions and capabilities. Consider the cost of each variant and choose the most beneficial for you.
- Property valuation: If you are investing in property, define the price of the real estate you need. You should pay attention not only to the amount the property may be sold at but also take into consideration possible additions to the main price, such as taxes and fees.
- Calculating Additional Costs: Give an approximation of other costs that might arise in support of the Golden Visa application, such as administrative fees, attorney fees, and all other sundry costs.
- Total Calculation: Add the cost of the chosen investment option together with the property’s cost and other additional costs to arrive at the total cost of the Golden Visa programme in Greece.
A strategic choice of your investment option and an evaluation of all the related expenses will help you estimate the cost of the Golden Visa program in Greece. Considering the program’s benefits and the opportunities that investors have, the cost might be well worth investing in your future in the magical country of Greece.
How much does the Golden Visa application cost?
Obtaining a Golden Visa is a very serious step for investors who would like to get residence in Greece, including their family, by investing in the economy of this country. However, besides the investment, one of the financial sides of the process is the application fee for a Golden Visa. Let’s consider what this fee is and what factors influence its amount.
What does the Golden Visa application fee include? The application fee for a Gold Visa involves but is not limited to all the various administrative fees for the handling and processing of the application of an investor. It will include things like the following:
Administrative Fees: These are the fees charged by the government for processing the application and providing services to process the Golden Visa application.
Processing services: The costs related to the processing of documents and verification of information provided by the investor as part of the residence permit application.
Administrative process costs: This is a generic category covering a wide range of costs regarding administrative processes, including paperwork, liaising with the competent authorities, etc.
Factors that affect the cost of applying for a Golden Visa include:
Fees and Fee Structure: The application fee may be subject to the set rates and fee structure by a State, which is duly revised from time to time with respect to legislation and economic variations.
Legislative updates and changes: The change in legislation or rules regarding the Golden Visa programme may lead to a shift in the application fee.
The application fee for the Golden Visa plays a major role in the application process for a residence permit in Greece. Since this is of such importance, the future applicants should pay proper attention to the conditions and requirements of the program and evaluate all financial aspects of participation, including the application fee.
Who can apply for a Greek residence through investment?
The Greek residence permit program through investment is one of the most exclusive opportunities that allows investors and their families to obtain a certain type of residence and, thereafter, access the privileges of the European space. However, not everyone has the right to apply to this program. In the post below, we will review who has a right to apply for a Greek residence permit through investment.
Who can participate in the program?
- Investors: The prime candidates of the programme are the investors who are ready to create serious financial investment in the economy of Greece. They can include both individuals and corporate bodies interested in business development in the country.
- Entrepreneur: It is also open to entrepreneurs who would like to develop their business in Greece. The investors are able to obtain residence permits for themselves and their families by means of investing either in existing businesses or setting up new ones.
- Investor’s family: Investor’s family members shall also be entitled to a residence permit in Greece, including spouse and minor children.
- Highly qualified professionals: For selected highly qualified professionals, the programme may facilitate residence in Greece when their work experience and competence match current Greek economic needs.
What are the requirements?
- Investment amount: The participation fee in this program involves heavy investment in the economy of Greece. The investment amount might change in respect of different investment options available for the applicants.
- Original founding owner: Participants are required to comply with and adhere to all the demands of Greek legislation with regard to the acquisition of a residence permit through investment.
The Investment Residence Permit Programme in Greece is supposed to create an opportunity for developing one’s own business and getting a stable residence in this beautiful country. Participants of the programme, for receiving a residence permit with all ensuing advantages of living in Greece, have to meet certain criteria and conditions.
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