Greece

Residency by Investment

OVERVIEW

Greece has a fast and flexible real estate Residency by Investment Program. A €250,000 purchase in one or multiple types of real estate from residential, to hotel to commercial earns you Residency as long as you hold the real estate. 

Physical residency is not required.

250,000

Starting Program Cost in €

2

Approx Application Time in Months

26

Visa Free to Schengen (EU)

COUNTRY PROFILE

Known for its literature, history, art, philosophy and beautiful landscapes, Greece has no shortage of admirers.  Located in the south of the Balkan Peninsula and comprised of more that 1,400 islands, Greece has the Aegean Sea to the east of the mainland, the Ionian Sea to the west, the Cretan Sea and the Mediterranean Sea to the south.

Greece gained independence from the Ottoman Empire in 1830.  The country joined NATO in 1952, became a member of the European Union in 1981 and adopted the euro in 2002.  Th current Prime Minister reestablished a coalition government following 2015.  The 2008 financial crisis hit Greece hard and has yet to recover fully. However, Greece has made strides in restoring macroeconomic stability and implementing austerity measures and fiscal adjustments.

Shipping and tourism are Greece’s main industries.  Popular destinations include Athens, Santorini, Crete, Mykonos, Corfu and more.

GREEK RESIDENCY BY INVESTMENT

A 250,000 Euro investment in real estate is required.  Residency can be obtained in as little as 40 days. Please see investment options below.  The real estate must be held or you will lose the residency.  It is possible to take a mortgage.

You are eligible to apply for citizenship if you have been resident in Greece for more than 7 years and meet a few other qualifications.  Spouses, direct descendants of spouses under 21, children under 21 and parents are eligible for the application.  Unmarried partners are not considered family.

 

 

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greece

Currency
Euro

Official Language:
Greek

Capital and Largest City:
Athens

Estimated Population:
11.4 million

Approximate GDP:
USD $ 200.78 billion

Size:
131,957 sq km (50,949 sq miles)

Prime Minister:
Alexis Tsipras

INVESTMENT OPTIONS

Atlas Citizenship

A Real Estate Investment of €250,000 for the Greek Residency by Investment Program

All investments must be completed before the residency permit is issued.  Fees and VAT apply.  The applicant can:

  • Purchase commercial or residential real estate with a minimum value of €250,000
  • Purchase vacant land and start construction. The total must be valued at a minimum of €250,000
  • Purchase real estate as part of a group or with a spouse. The minimum investment amount for each applicant is still €250,000.  Processing fees are still paid separately
  • Sign a lease for a minimum of 10 years on a timeshare, hotel accommodation, or furnished tourist accommodation located in an integrated tourist resort
  • Purchase multiple real estate as long as the total value is  €250,000
  • Purchase different types of property to achieve the total value i.e. residential and commercial

EXPLORE GREECE

EXPLORE SIMILAR PROGRAMS

Spain

Spain

Spain allows investors residency in the EU country with no physical requirements via several investment routes including real estate with monthly income and capital recovery

Italy

Italy

Italy’s Investor Visa Program has 4 options to choose from, starting at 500,000 Euro.  Full Access to the EU.   The Flat Tax Program of 100,000 Euro per year regardless of income abroad is an option worth considering, a good contender with Monaco.

Portugal

Portugal

Portugal’s Golden Visa Program allows investors residency in the EU country with no physical requirements via several investment routes including real estate with monthly income and capital recovery

Cyprus

Cyprus

The Cypriot Government has a combination of incentives to attract applicants to its Citizenship by Investment program .  Minimum investment starts at 2 million Euros.  This grants full citizenship to applicants as well as access to EU member countries.

Malta

Malta

Malta was the first EU Citizenship by Investment Program to be approved.  Citizenship is granted to individuals in good standing who contribute 1.15 million Euro to the island via donation, real estate and Gov’t bond purchases.

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Visa Free Countries for EU Residency

AustriaHungaryNorway
BelgiumIcelandPoland
Czech RepublicItalyPortugal
DenmarkLatviaSlovakia
EstoniaLiechtensteinSlovenia
FinlandLithuaniaSpain
FranceLuxembourgSweden
GermanyMaltaSwitzerland
GreeceNetherlands

This list may be subject to change by the concerned Governments