Obtaining Permanent Residency in Greece

Obtaining Permanent Residency in Greece

Greece, known for its rich history, stunning landscapes, and vibrant culture, is offering an enticing opportunity for investors seeking a European foothold. The Greece Permanent Residency Program by Investment enables individuals and their families to obtain permanent residency in Greece by making a qualifying investment. In this blog, we will explore the benefits of the program, how it can benefit investors and their families, and the various business opportunities it presents.

For investors, the Greece Permanent Residency Programme has a number of benefits:

a) Benefits of Residency: The right to live, work, and study in Greece is granted to investors and their families, enabling them to benefit from the high standard of living, as well as easy access to top-notch healthcare and education.

b) Visa-Free Travel: The Schengen Area, which consists of 26 European nations, is accessible to permanent citizens without a visa or with a visa upon arrival, providing an extensive range of travel options.

c) Route to Citizenship: Investors who have lived in Greece for a predetermined amount of time may be qualified to apply for Greek citizenship, which comes with all the advantages of an EU passport, including greater business prospects and freedom of travel within the EU.

Benefits for Investors' Children and Family: Investing in the Greece Permanent Residency Program not only secures benefits for investors but also extends advantages to their children and family members:

a) Education Opportunities: Children can access Greece's excellent education system, including renowned universities and international schools, providing them with a solid foundation for their future.

b) Family Reunification: Investors can reunite their immediate family members, such as spouses and dependent children, under the permanent residency umbrella, fostering stronger family bonds.

c) Healthcare and Social Welfare: Investors' family members can avail themselves of Greece's comprehensive healthcare system and social welfare programs, ensuring their well-being and quality of life.

Business Opportunities:

a) Real estate investments are a requirement for participation in the programme, which offers the possibility of returns in the form of rental income, property value, and development options.

b) Entrepreneurship and startups: The startup ecosystem in Greece is booming and luring talent and investors from across the world. Permanent residents have access to numerous business assistance programmes, local networks, and the opportunity to pursue entrepreneurial endeavours.

c) Greece's thriving tourism sector presents attractive opportunities for investors in sectors including hotels, resorts, vacation rentals, and related services, taking advantage of the country's immense tourism potential.

To obtain Greece Permanent Residency through the investment program, follow these steps:

a) Eligibility Check: Make sure you meet the program's conditions, which include frequently a clean criminal background, sufficient financial resources, and good health. To determine your eligibility,  you can fill out the form and speak to our Experienced Counsellors.

b) Choose an Investment Option: The Greece Permanent Residency Program offers different investment options. The most common route is investing in Greek real estate, typically with a minimum value of €250,000. Other options may include investing in Greek government bonds, establishing a business, or participating in a venture capital fund. Select the investment option that aligns with your preferences and financial capabilities.

c) Property Search and Purchase: Search for properties that match the program's requirements, such as the minimum value, location, and ownership status, if you decide to go with the real estate investment option. Hire a reputable real estate agent who is educated about the programme to help you detect appropriate houses and negotiate the purchase.

d) Due Diligence and Documentation: Perform due diligence on the chosen property, ensuring it has a clean title and is free of any encumbrances. Prepare the necessary documentation, including purchase contracts, proof of funds, and supporting financial documents. Your lawyer will guide you through this process and ensure all documents are in order.

e) Application Submission: Gather the necessary documents, such as the investment agreement, ownership records for the property, and additional personal and financial information.Share all the Documents with Business Executive at Raizing Citizen and they will explain the detailed steps of process thereafter. If you have any queries you can email us at info@raizingglobal.com

The Greece Permanent Residency Programme by Investment offers investors and their families a wide range of advantages. It provides a platform for personal and professional growth, access to high-quality education and healthcare, and a door to the European market in addition to ensuring residency and visa-free travel. The programme also creates opportunities for business ownership, real estate investment, and involvement in Greece's thriving commercial sectors. By investing in Greece, people can capitalise on prospects for a better future while also relishing the rich cultural history and allure of the Mediterranean region.