Greek Golden Visa Program Benefits

The Golden Visa is a five-year residency permit governed by article 20B of Greek Law 4251/2014 (Government Gazette 80A/2014). The visa is granted to Investors who buy property worth over €250.000. Compared to similar residency programs available in various other Euro- pean countries, the Greek Golden visa is the fastest to obtain and the one with the better benefits by comparison:

• It allows the investor’s family to join under the same permit. Eligible are investor’s spouse and children (no restriction provided they are under the age of 21), Investor’s parents and in-laws. For children under the residency permit turning 21, can extend their residency status with a simple application for another 3 years
• It does not require a minimum stay in the country to renew it (after the 5th year). The only prerequisite for said renewal of permit for another five years is for the investor to still have title of the property and to also comply with the rules set out in Law 4251/2014.
• Investors and their families have the right to reside in Greece and also, to travel throughout the Schengen area without entry visa requirements
• The purchase of the property and the entire bureaucratic procedure can be executed by a Greek Lawyer who is granted suitable POA by the Investor. The Investor and the family members will have to travel to Greece only once in order to give biometric data (fingerprints).
• The Golden Visa is issued within 2 months from the time that the application is complete. In the meantime, the Investor and the family members can stay in Greece, if they wish to.
• Greek Golden Visa Benefits
• Requires the lowest investment
• The Golden Visa currently requires the lowest investment. For example, the equivalent residency permit in Spain requires double the investment (€ 500.000).
• Fast Return On Investment
• The Golden Visa Programme is primarily an investment opportunity; therefore, the fast return on investment is high on the performance indicators’ list. The favourable terms of the scheme combined with the fast-growing Greek economy indexes, provide a promising context for a quick and reliable return on investment as well as lucrative options to re-sell at a higher price in the future. This is due to the Greek Economy currently bouncing back from a 10-year recession. The sea, the sun and the mountains are always a competitive advantage
• An additional homecountry in EU

A soon as the permanent residence permit is issued, investors and their families have the option to live in Greece and travel freely to any other European Schengen country if they wish to do so. This freedom of choice and movement makes the Golden Visa program an exceptionally powerful and useful tool when building one’s future, in a country that created the word history.

• Freedom to travel in Europe
Enjoy visa-free traveling without entry visas or further justification at the airport, since Golden Visa holders are granted unlimited, unrestricted travel throughout Europe’s Schengen Zone.
• Full access to the National & Private education system
The Golden Visa provides full access to the education system (public and private). The Greek public education system -from nursery to university- is free. Schoolbooks are also provided free of charge. Moreover, in Greece there are many international schools (British, American, French or German) that offer IB programs.
• Access to the Greek public health system
The Golden Visa provides access to the Greek public health system, which is one of the best in the world, as it was recently proven by the Covid-19 situation. Access to the private health system is also possible through various affordable insurance packages that many foreign residents opt to purchase. Greece is one of the most beautiful places in the world! Full of alternatives, both in terms of lifestyle and in investment opportunities.