Compared to traditional immigration methods, investment immigration has lower requirements, is simpler to operate, and is processed more quickly, gradually becoming a popular choice for immigration. Currently, the appeal of investment immigration to Greece is still quite significant, as the requirements are straightforward, there are many advantages, and it offers high cost-effectiveness. However, if you wish to immigrate to Greece, it is essential to understand the following related questions.
1. What are the specific requirements for investment immigration to Greece?
The primary requirement is to purchase real estate valued at no less than €250,000. Of course, the applicant must be a citizen of a non-European Union country, at least 18 years old, and have no criminal record. They must also purchase health insurance for the entire family, have a stable overseas income, and undergo a medical examination to prove that the applicant does not have any diseases that pose a public health risk.
2. What is the nature of the residency rights obtained?
The residency obtained is a renewable five-year permanent residence visa, which requires maintaining ownership of real estate valued at no less than €250,000. After five years, it can be renewed, and under certain conditions, one can apply for citizenship. Although the residence card is updated every five years, many people worry that changes in investment immigration policies may jeopardize their rights. However, this concern is unnecessary; even if policies change, it will not affect the validity of the documents.
3. Can multiple properties be purchased for investment immigration to Greece?
Yes, the Greek investment immigration law does not specify the types or number of properties that can be purchased, as long as the total value of the properties is no less than €250,000. Since property prices in Greece are relatively low, many people choose to purchase multiple properties for investment purposes. This is mainly because Greece has now emerged from the economic crisis, and with the development of tourism and other industries, its economic prospects are very promising, making property investment quite attractive.
4. Is it a rumor that one cannot work locally?
This is not a rumor; obtaining Greek residency indeed prohibits working as an employee at that time, and the spouse is also not allowed to work. However, one can establish a company, engage in business, or invest. Many Chinese individuals who settle in Greece choose to open guesthouses, restaurants, or rent out properties to generate income and cover their daily living expenses.
Regarding investment immigration to Greece, applicants can generally gain a good understanding through these four aspects. Additionally, the process of immigration to Greece is relatively simple, mainly involving the purchase of suitable properties. However, the processing speed may not be as fast as before, as there has been an increase in the number of applicants, leading to a "queue". Furthermore, it is important to note that there is a clear trend of tightening policies, so if you wish to proceed, it is advisable to seize the current favorable opportunity.