GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment

What is Greek Permanent Residency?

Greek Permanent Residency, also referred to as the Greek Golden Visa, provides a simple way for non-EU nationals to obtain legal residency in Greece through investment. The program, introduced in 2014 under Law No. 425, has become one of the top residency-by-investment initiatives across the EU. What sets the program apart is its low investment threshold, starting at EUR 250,000, making it one of the cheapest options within the EU. Savva & Associates LTD ensure that the entire process—whether buying property or leasing—is managed seamlessly.

What is Greek Permanent Residency?

Eligibility Criteria for Greek Permanent Residency

The Greek Permanent Residency initiative extends eligibility to family members of the primary applicant. Applicants can bring their partners, kids, and in-laws in the residency application. By enabling multi-generational residency under a single investment, the program guarantees stability for families. Eligibility requires that investments fall within the relevant tiers: EUR 250,000, EUR 400,000, or EUR 800,000, depending on the location. With Savva & Associates LTD, applicants enjoy expert insights at every step, ensuring hassle-free qualification.

Benefits of Greek Permanent Residency

The Greek Permanent Residency program delivers a variety of benefits for investors. Visa-free travel across 26 Schengen Zone countries is highly attractive. The program also grants a route for citizenship after seven years with the required residency criteria. Multi-generational coverage adds to the program’s appeal for families. With no minimum stay requirement, residents can enjoy flexibility, opting whether to reside in or outside Greece. Savva & Associates LTD ensures clients unlock every advantage by handling every detail of the application.

GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment

How to Apply for Greek Permanent Residency

Applicants can start the process by choosing an eligible property in Greece. Savva & Associates LTD supports applicants in securing a property with a 10% deposit to start the transaction. By granting Power of Attorney, applicants authorize representatives to handle matters on their behalf. After registration, the residency application is submitted to the immigration office, usually receiving approval within seven days. Savva & Associates LTD manages schedules to ensure smooth progression throughout the process. A visit to Greece for biometrics collection remains the only required step. With full-service assistance, Savva & Associates LTD ensures a hassle-free experience.

Required Documents for Greek Permanent Residency

Applicants need to submit a series of documents to finalize the Greek Permanent Residency process. These include a valid passport, private life insurance policy, and a purchase agreement or lease contract. Including family members requires submitting birth and marriage certificates. All documents must undergo translation into Greek or English according to program guidelines. The experts at Savva & Associates LTD handle document management, reducing the burden on applicants. Residency applications also require immigration processing fees and biometric appointments. With Savva & Associates LTD managing these administrative tasks, applicants avoid unnecessary delays of their new residency.

GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment
Greek Permanent Residency Through Real Estate Investment

Real estate investment is the most popular route to Greek Permanent Residency. The new structure includes investment tiers of EUR 250,000, EUR 400,000, and EUR 800,000 based on property location. Premium locations like Santorini, Mykonos, and Thessaloniki have elevated investment requirements. The program allows investment in villas, townhouses, or commercial properties, giving investors multiple options. Investors can also generate rental income from their properties, maximizing their financial return. With the help of Savva & Associates LTD, investors identify strategic investments. Whether applicants prefer remote handling, Savva & Associates LTD ensures the transaction is managed smoothly.

Renewal and Maintenance of Greek Permanent Residency

Residency permits are issued for five years and can be renewed indefinitely every five years. Applicants do not need to reside in Greece to retain their residency, offering flexibility. Additionally, property ownership can be transferred to children once they turn 24, permitting them to become the primary applicants. This feature makes the program attractive for families seeking long-term residency solutions. Savva & Associates LTD offers support for residency renewals and ensures compliance with all requirements. For those seeking Greek citizenship, Savva & Associates LTD provides guidance on meeting the seven-year residency and language criteria. With continuous assistance, Savva & Associates LTD ensures seamless maintenance.