Greece's Golden Visa program immediately confers Permanent Residency upon approval. Permanent Residency permits necessitate renewal every five years by maintaining the property investment. While it is technically feasible to apply for Greek citizenship after seven years of continuous residency, Greek law mandates that citizenship applicants possess fluent Greek language skills, which presents a significant challenge for most. For investors seeking potential European citizenship, it is advisable to explore alternative options such as the Portugal Golden Visa program, which offers a more adaptable pathway to citizenship.

After investing €250,000 in Greek real estate, the process for securing a Greek Golden Visa is notably straightforward and expeditious. Starting in May 2023, it's important to note that the real estate requirement is slated to increase from €250,000 to €500,000 in select Municipalities within Greece, including Athens, Thessaloniki, Glyfada, Mykonos, and Santorini. La Vida diligently monitors this evolving situation and will furnish further updates as they become available. The overall costs for property purchase and visa application, inclusive of government, notary, and legal fees, typically amount to approximately €15,000. Furthermore, there is a VAT obligation in Greece on the property acquisition

In addition to fulfilling the requisite real estate investment, applicants must adhere to several eligibility criteria, including: A clean criminal record. Demonstrable financial resources and adequate healthcare coverage for their stay. No prior Schengen visa refusals. Non-European Union (EU) residency status.

Step 1 Initiate the process by scheduling a complimentary consultation with SPCIP's team of experts. During this consultation, you'll collaboratively explore and determine the most suitable program and investment path for you and your family. Our seasoned consultants will furnish comprehensive guidance regarding applicable fees and provide an in-depth walkthrough of the entire process. Step 2 Next, you have the option to select your real estate investment remotely through our trusted advisors. Alternatively, you may choose to personally visit Greece to make your investment selection. If you opt for the latter, you can designate a lawyer to manage the conveyancing on your behalf. Through the execution of Power of Attorney, the property purchase can be seamlessly completed at the notary's office, even in your absence. Step 3 Following the successful completion of your real estate investment, typically within a 30-day timeframe, you can proceed to apply for the Greece Golden Visa. As part of this step, clients are required to attend an application appointment to submit their biometric data. Alternatively, this data can be submitted within six months following the appointment, offering flexibility to applicants. Step 4 Upon approval of your Golden Visa application, you will receive a five-year Greek Permanent Residency permit. This permit can be renewed every five years, contingent upon the continued maintenance of your Greek real estate investment.