Since the launch of the Greece residency by investment program, policies have been continuously liberalized. Following the implementation of new policies by the Greek government last June, the program has gained significant momentum, making Greece a highly sought-after destination for international investors.
I. Requirements for Greece Residency by Investment:
1. Applicants must be at least 18 years of age with a clean criminal record;
2. Purchase real estate in Greece with a value of €250,000 or more;
3. Purchase health insurance for the entire family;
4. No requirement for local fixed deposits; applicants only need to ensure a stable overseas income sufficient to cover the daily living expenses of themselves and their dependents in Greece;
5. Must be a citizen of a non-EU member country.
II. Processing Procedure for Greece Residency by Investment:
1. Consultation and signing of the formal agreement.
2. Submission of visa application and arrival in Greece for property inspection.
3. Selection of property and signing of the preliminary real estate sales agreement.
4. Payment of the deposit (€5,000 - €20,000).
5. Meeting with a lawyer, signing the power of attorney, and notarization.
6. Opening of a local bank account.
7. Upon returning home, payment of the remaining property balance. Case documentation team prepares the full set of application files.
8. Lawyer signs the final real estate purchase contract on behalf of the client and completes all property registration formalities.
9. Lawyer submits the residency application documents.
10. Residency application is approved; all applicants travel to Greece to provide biometric data and collect identity cards.
