Greek Permanent Residency, also referred to as the Greek Golden Visa, offers a straightforward way for non-EU nationals to acquire legal residency in Greece through capital injection. The program, introduced in 2014 under Law No. 425, has become one of the most popular 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 most affordable options within the EU. Savva & Associates LTD ensure that the entire process—whether buying property or leasing—is efficiently completed.
GREEK GOLDEN VISA PROGRAM – Permanent Residency by InvestmentThe Greek Golden Visa program provides an opportunity to extend benefits to the primary applicant's family members. This includes spouses or registered partners, children under 21 (extendable to 24), and the parents of both the applicant and the spouse. By offering 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. Savva & Associates LTD offers tailored advice, ensuring clients make the right investment choice.
The benefits of obtaining Greek Permanent Residency are substantial. Visa-free travel across 26 Schengen Zone countries makes the program appealing. The program also creates an opportunity 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, deciding whether to reside in or outside Greece. Investors can trust Savva & Associates LTD to navigate all complexities and enhance the full potential of Greek residency.
GREEK GOLDEN VISA PROGRAM – Permanent Residency by Investment
Applicants can start the process by choosing an eligible property in Greece. A 10% deposit begins the transaction, and Savva & Associates LTD assists at every stage. By granting Power of Attorney, applicants delegate responsibilities 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 tracks deadlines to ensure smooth progression throughout the process. Applicants must visit Greece to provide biometric data, an essential in-person step required. With full-service assistance, Savva & Associates LTD makes the process seamless.
Several essential documents must be submitted to apply for Greek Permanent Residency. These include a valid passport, private life insurance policy, and a purchase agreement or lease contract. Marriage or birth certificates must also be provided, especially when family members are included. All documents must be translated into Greek or English according to program guidelines. Savva & Associates LTD helps applicants gather these documents, ensuring precision. The process includes submitting fees and scheduling biometric appointments. With Savva & Associates LTD managing these administrative tasks, applicants avoid unnecessary delays of their new residency.
Investing in real estate is the primary method of obtaining Greek residency. The new structure includes investment tiers of EUR 250,000, EUR 400,000, and EUR 800,000 based on property location. High-demand areas such as Mykonos and Santorini carry a higher threshold. Properties eligible for investment include villas, apartments, and commercial spaces, offering flexibility. Rental income opportunities provide returns on real estate investments. Savva & Associates LTD provides expert assistance in identifying high-potential properties. Whether applicants prefer remote handling, Savva & Associates LTD ensures the transaction is managed smoothly.
Greek Permanent Residency remains valid for five years, with renewal available every five years as long as the investment is maintained. 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, enabling them to become the primary applicants. The option for inter-generational transfers adds value of the program. With Savva & Associates LTD, clients navigate renewals smoothly. The firm also supports the transition to Greek citizenship. With continuous assistance, Savva & Associates LTD guarantees a hassle-free renewal.