Greece: The Golden Visa Program and Its Advantages

Greece: The Golden Visa Program and Its Advantages

Greece has consistently ranked among the top countries for investment migration programs, offering a pathway to residency and citizenship through various investment options.

Recently, Henley & Partners published its 2023 Global Residence and Citizenship Programs Index, where Greece secured 2nd place in the Investment Residency Programs category with an impressive score of 73 points. This puts Greece ahead of countries like Austria, Switzerland, and Malta, and only behind Portugal, which holds the top spot.

The assessment criteria used to rank countries include:

  • Quality of life
  • Reputation
  • Taxation
  • Visa-free access to other countries
  • Application processing time and due diligence
  • Compliance
  • Investment requirements
  • Overall costs
  • Time to citizenship
  • Citizenship requirements

Greece’s “golden visa” program has gained significant popularity among investors, primarily due to its:

  • Low investment threshold of €250,000 compared to other European programs.
  • Attractive rental yields, averaging 4% per annum, providing a steady stream of income.
  • Favorable tax regime for non-domiciled residents.
  • Access to Schengen Area, allowing visa-free travel to 26 European countries.
  • Fast processing time for residency applications, typically within 2-3 months.
  • Pathway to citizenship after 7 years of residency.

It’s worth noting that the investment threshold is expected to increase to €500,000-€800,000 in certain areas. Therefore, now may be an opportune time to explore the Greek golden visa program and secure your residency before the potential price hike.

If you’re interested in obtaining a Greek golden visa and benefitting from its numerous advantages, contact us today. Our team of experts will guide you through the entire process, from selecting the right investment option to submitting your application and ensuring a smooth transition to your new life in Greece.

Don’t miss out on this opportunity to secure your future in Greece! Get in touch with us today for a personalized consultation.

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