Who is Eligible for a Greece Golden Visa?
Eligibility criteria for a Greek Golden Visa are:
- You must be over the age of 18.
- You must not have any history of criminal records, in any country in which you have lived.
- You must make an investment of at least €250.000 in real estate in West and East Attica.
- You must have obtained health insurance from a company operating in Greece.
The Law 4251/2014 in bullets:
- Minimum investment amount €250.000 per family, the cheapest in Europe.
- The investor may offer residency to all family members: spouse, children (up to 21 years of age), parents d spouse’s parents.
- Residency permit holders may travel freely to all Schengen countries.
- Residency permit holders may stay in Greece.
- Investors have the legal right to apply, after 5 years, to renew their residency, for him/her and for his/her family, only if they still hold the investment.
- There is no obligation for the investor or family members to stay in Greece to maintain the residency right.
- Residency permit holders may sell and/or rent their property.
- Their children have access to the Greek educational system.
Duration of a Greece Golden Visa
The Golden Visa for Greece is issued for five years and can be renewed indefinitely if you maintain the investment.
If you ultimately choose to live in Greece, then after five years of continuous residence, and holding the investment, you can renew the residency in Greece for another five years.