Greece - Golden Visa 2019

Greece is strategically located at the crossroads of Europe, Asia and Africa and is comprised of 11 different geographical areas. Greece has the largest coastline on the Mediterranean Basin and has the 11th longest coastline in the world, with a climate of 300 days of sun per year with a short mild winter season.

Greece is surrounded by Albania, Macedonia, Bulgaria and Turkey to the north, the Aegean Sea to the east, the Ionian Sea to the west and the Mediterranean Sea to the south. Greek's capital, Athens, has been standing for over 7,000 years, making it one of Europe's oldest cities. The population of Greece is roughly 11 million people, whereby 40% of the population live in Athens. Greece has been in the Eurozone from 1981, and from then has been using Euro as its official currency.

Greece has a thriving culture and economy and has always been a budget-friendly destination. Greece & the Greek Islands are known for 3 things: ancient civilization, amazing landscapes and high developed tourism.

Greece is a democratic and developed country with an advanced high-income economy, a high quality of life and a very high standard of living. The country's main exports include food and beverage products, oil, chemicals and textiles. Greece produces over 300.000 tons of olive oil per year. They have good trading relationships with Italy, Germany and Bulgaria.

The Greek language has been spoken for over 3,000 years and it is one of the oldest spoken languages in Europe. Greece remains among the safest countries of the world as the criminal rate is extremely low.

The Government of Greece introduced in 2013 the so-called Golden Visa Scheme, a procedure whereby third country nationals may obtain residence permits. Our guide provides information on the preconditions, the process and the supporting documents required to obtain such a resident permit.

1. Introduction

   The Greece Golden Visa is granted by virtue of the Immigration and Social Integration Code. Pursuant to the Law 4136/2013 as amended by 4251/2014 Greece has introduced provisions to facilitate the residency of non-EU nationals in Greece. Residence permits are granted to third-country nationals and their family members by acquiring a property in Greece valued at a minimum of €250,000.

2. Procedure

   The Applicant needs to appoint a Law Firm. If the applicant prefers not to travel to Greece, then a Power of Attorney ("POA") may be used in the name of the legal representative of the Client, to enable...