Immigration to Greece

 

Immigration to Greece

 

Greece is one of the world’s most popular destinations with ancient and modern attractions such as museums of the ancient and Byzantine eras and archaeological sites and cities, all of them historical monuments which have inspired modern education and culture around the world.

WHY CHOOSE GREECE?

The government of Greece introduced a procedure to obtain the program immigration to Greece, which can be renewed every five (5) years, for owners of real estate by third-country citizens, the value of which exceeds €250.000, adopting a friendlier stance towards those who wish to own real estate property in Greece. The most attractive sectors for investments in Greece include the sectors in which Greece has competitive advantages under international standards. Taking into consideration the current financial situation and traditional strengths of the Greek economy, one could mention among others: tourism and real estate, food and agriculture, renewable energy sources, technology and ICT, environmental management, export oriented manufacturing and life sciences.
ENTRY VISA REQUIREMENT 

An entry Visa, that is, legal entry in the country, is necessary to obtain a residence permit for owners of real estate property. Following the issuance of a residence permit, and for its duration, there is no need for a Visa. Pursuant to Law 4251/2014, any third country citizen who has entered the country legally holding a visa of any type or is a legal resident of the country irrespective of their status or type of residence permit, has the right to apply for a residence permit.

This residence permit is permanent. The holder of the residence permit is however required to renew it every five (5) years

RESIDENCE BY INVESTMENT

The Greece citizenship by investment for real estate owners is a new type of residence permit, for third country citizens who have entered the country legally on any kind of visa or are legal residents in the country, even if the residence permit they hold does not allow for change of residence scope. Beneficiaries of the right of entry and the permanent residence permit, which shall be renewed every five (5) years, are:

a) Third country citizens who own real estate property in Greece, either personally or through a legal entity of which they own the total of the company shares, provided the minimum value of the property is €250.000;

b) Third country citizens who purchase a plot of land or acreage and proceed to erecting a building, provided that the cumulative value of the land purchase and the contract with the construction company is at minimum €250,000.

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