Greece investment citizenship is also known as the Golden Visa program, which allows foreign investors to obtain residency and potential citizenship through qualifying investments.
Read on below to learn more about Greece citizenship by investment:
1. Investment Options
The Greek Golden Visa program provides several investment avenues, catering to a variety of investor preferences:
- Real Estate Investment: The most popular option is to purchase real estate worth at least €250,000. This can include residential or commercial property, which must be maintained for a minimum of five years.
- Capital Investment: Investors can also choose to invest at least €400,000 in a Greek company, which can stimulate the local economy and create jobs.
- Government Bonds: Another option is to invest a minimum of €400,000 in Greek government bonds, providing a secure investment avenue.
- Business Creation: Setting up a business with a capital investment of at least €400,000 can also qualify you for the Golden Visa, provided it creates jobs for Greek citizens.
2. Eligibility Requirements
To qualify for the Golden Visa, applicants must meet certain criteria:
- Age: Applicants must be at least 18 years old.
- No Criminal Record: Applicants must not have a criminal history.
- Financial Stability: You must demonstrate that you have sufficient financial resources to support yourself and any dependents during your residency in Greece.
- Health Insurance: Applicants must have valid health insurance to cover medical expenses in Greece.
3. Application Process
The application process for the Golden Visa is relatively straightforward:
- Select Your Investment: Choose the investment option that best suits your interests and financial goals.
- Gather Documentation: Prepare all necessary documents, including your passport, proof of investment, health insurance, and police clearance certificate.
- Submit Application: Applications can be submitted online or in person at a Greek consulate or through the relevant authorities in Greece.
- Receive Residency Permit: When approved, you will receive a residency permit to live and work in Greece.
4. Pathway to Citizenship
The Golden Visa program provides a pathway to Greek citizenship after seven years of legal residency. Here are key points to consider:
- Residency Requirements: While there is no requirement to reside in Greece full-time, maintaining your residency status is essential. You should spend a minimum amount of time in Greece to maintain your residency.
- Language and Cultural Knowledge: You must demonstrate basic knowledge of the Greek language and culture, which is assessed through a test.
- Continuous Investment: You must maintain your initial investment throughout your residency to apply for citizenship.
5. Benefits of Greek Citizenship
Obtaining Greek citizenship through investment comes with numerous advantages:
- EU Citizenship
- Visa-Free Travel to over 180 countries
- High Quality of Life
Greece’s Citizenship by Investment program presents a unique opportunity for individuals seeking to invest in a vibrant country with a rich history. With flexible investment options, a straightforward application process, and the allure of EU citizenship, the Golden Visa is an appealing choice for many investors. By understanding the requirements and benefits, you can embark on a rewarding journey toward Greek citizenship and all the opportunities it offers.
Visit https://citizenshipbyinvestment-dm.com/ for detailed information and guidance regarding citizenship by investment programs.
