Greece Golden Visa: A Limited time for a premium offer

• Posted on Aug 06, 2024
• In Industry News, Greece

All you need to know about Greece Golden Visa, and how you can take advantage of this opportunity.

The Greece Golden Visa program is an appealing option for non-EU nationals seeking residency in Europe through investment. As the deadline for current investment thresholds approaches, understanding the program’s specifics is essential for prospective applicants.

Greece Golden Visa Program Overview

Launched in 2013, the Greece Golden Visa program aims to attract foreign investment by offering residency permits to non-EU nationals who invest in the country. This program has gained popularity due to its relatively low investment requirements compared to other European programs, allowing investors to secure residency for themselves and their families.

Price and Deadline

As of 2024, significant changes have been made to the investment thresholds:

• Current Minimum: Before August 31, 2024, investors can apply under the previous minimum investment of €250,000 by paying a 10% deposit. However, they must finalize the investment by December 31, 2024.
• New Minimums: After August 31, 2024, the minimum investment will increase to €400,000 for properties outside major urban areas and €800,000 for properties in Athens, Thessaloniki, Mykonos, Santorini, and other islands with more than 3,100 inhabitants.

Benefits of the Greece Golden Visa

The Greece Golden Visa program offers numerous advantages:

• Family Inclusion: Investors can include their spouse, children under 21, and parents in their application, granting them residency rights.
• Visa-Free Travel: Holders enjoy visa-free travel within the Schengen Area for up to 90 days within 180 days.
• Path to Citizenship: After seven years of effective residency in the country, investors may apply for Greek citizenship.
• Tax Benefits: The program provides favorable tax conditions, including a competitive personal income tax and currently no capital gains levied on real estate transactions.
• Rental Income: Investors can rent out their properties, generating additional income.

How to Obtain the Greece Golden Visa by Investment: Application Process

Stage 1: Onboarding (1 Month)

At Arton Capital, our process begins with helping you choose the investment option that aligns with your aspirations and selecting the perfect property. Before moving forward, we will provide you with a KYC form and Client Facilitator Agreement to review and sign.
Once we receive the signed agreement, our dedicated team will handle all necessary government forms and prioritize the supporting documents. We will take charge of all communications with the real estate developer and the law firm in Greece, finalizing the sales and purchase agreement on your behalf.

Stage 2: Application review and submission (1-2 Months)

Before submitting your documents, our processing team conducts a thorough review of your application to ensure all documents are in order and fully comply with the Ministry of Migration and Asylum’s requirements, including confirming that you have met the investment threshold.
To ensure the timely and efficient processing of your application, we will work closely with the legal team as they conduct their due diligence and review all the paperwork.
After applying, you will receive a certificate of submission of your application.

Stage 3: Golden Visa issued (4-6 Months)

The Ministry will evaluate your application, and once approved, you and your family will receive the appropriate residency cards.

Investment Options

The Greece Golden Visa program offers various investment avenues, among which:

• Real Estate: The minimum investment in real estate is €250,000.
• Long-Term Lease on Touristic Developments: The minimum investment is €250,000.

Take the chance to obtain the Greece Golden Visa before the end of August as prices are set to increase.

Requirements for Greece Golden Visa

To qualify for the Greece Golden Visa, applicants must meet the following criteria:

• Be a non-EU citizen.
• Be at least 18 years old.
• Have a clean criminal record.
• Subscribe for valid health insurance.
• Make the required investment in Greece.

How Arton Capital Can Assist

At Arton Capital, we empower individuals and families to become Global Citizens by investing in second residency and citizenship programs around the world, including the Greece Golden Visa program. We provide personalized guidance through the application process, ensuring that all legal and investment requirements are met. Our expertise helps streamline the process, making it easier for you to navigate the complexities of obtaining residency in Greece.
Contact us today, to explore your future in Greece.