What is the Greek Golden Visa Program?
The Greek Golden Visa Program (https://migration.gov.gr/en/golden-visa/), is an immigration initiative that allows non-EU citizens and their families to obtain Greek residency by making a qualifying real estate investment in Greece.
What are the investment options for the Golden Visa Program in Greece?
To qualify for the program, you can make an investment in real estate in Greece. The minimum investment amount varies depending on the location, but it typically ranges from €250,000 to €500,000.
Do I need to live in Greece to maintain my Golden Visa?
No, you are not required to live in Greece to maintain your Golden Visa. However, you do need to visit Greece at least once every two years to renew your residency permit.
Can I work in Greece with a Golden Visa?
The Golden Visa does not grant you the right to work in Greece. It is primarily for residency purposes. If you want to work or conduct business in Greece, you might need to obtain the necessary work permits and licenses.
Can I include my family members in the application?
Yes, your spouse, children under 21, and dependent parents can be included in your Golden Visa application.
How long does it take to process a Golden Visa application in Greece?
The processing time varies, but it usually takes a few months from the time of application submission until receiving your Golden Visa.
Are there any language requirements or tests for the Golden Visa program?
No, there are no language requirements or tests for the Golden Visa program in Greece.
Can I eventually apply for Greek citizenship through the Golden Visa program?
The Golden Visa program does not lead to Greek citizenship. However, you can apply for Greek citizenship through other means, such as naturalization, if you meet the eligibility criteria.
What are the benefits of having a Golden Visa in Greece?
The main benefit is obtaining residency in Greece, which provides you with the freedom to travel within the Schengen Area (Currently includes 27 European Countries). It also allows you to live and invest in Greece and enjoy the country’s amenities.
Are there any tax implications for Golden Visa holders in Greece?
While the Golden Visa itself does not impose additional tax burdens, you should be aware of your tax obligations related to any income generated in Greece. Consult with a tax professional for guidance.
Is it possible to sell the property after obtaining the Golden Visa?
Yes, you can sell the property after obtaining the Golden Visa. However, to maintain your residency status, you must maintain property ownership with an investment value of at least the minimum required.
What is the validity period of the Golden Visa in Greece?
The initial Golden Visa is valid for five years and can be renewed as long as you meet the program’s requirements.
Always consult with a legal or immigration professional who specializes in the Greek Golden Visa program to ensure that you have the most accurate and up-to-date information for your specific needs.