Among European real estate immigration programs, the Greece Golden Visa is currently very popular due to its high cost-effectiveness. Currently, you only need to invest at least 250,000 Euros in real estate to achieve immigration for three generations of your family. The process is relatively simple, primarily involving the purchase of property; however, the signing of the POA during the application process should not be overlooked.
I. What is a POA
The POA commonly referred to is the Power of Attorney. Throughout the entire Greece Golden Visa process, there will be a property purchase POA and an immigration POA. Whether you are booking a property from your home country or visiting Greece to inspect and purchase property, you must sign the property purchase POA in advance; the immigration POA must be signed in Greece after the property purchase is successful.
II. Methods for signing the property purchase POA
1. Signing at a law firm in Greece
This is applicable if you visit Greece for a site inspection before purchasing property. You will visit a local law firm accompanied by your immigration consultant to sign the document and pay the deposit.
2. Signing at a Greek Embassy or Consulate in China
This is applicable for booking property from within China. The Greek lawyer will send the drafted POA to the Greek Embassy in China. The applicant will visit the Embassy or Consulate at a pre-scheduled time. Generally, there will be a translator to assist. This process will incur consular service fees and translation fees, which are not expensive, totaling approximately 4,000 RMB.
3. Signing at a Greek Embassy in another country
If the applicant is neither in China nor in Greece, they may choose to sign at a Greek Embassy in another country.
4. Signing with a Greek lawyer on-site
Applicants may, based on their own needs, request that a Greek lawyer travel to the applicant's location for an in-person signing. However, the resulting costs for the Greek lawyer's hotel, airfare, etc., must be borne by the applicant.
