Benefits of Obtaining Golden Visa
The Golden Visa Program offers an extensive list of benefits ranging from financial gains to the freedom of visa-free travel
By simply investing in real estate in Greece, The Golden Visa Program offers non-European citizens an extensive list of benefits ranging from financial gains to the freedom of visa-free travel. In order to inspire you further, below we have collected some key points, brought up during our experience with International investors.
A Source of Income
The Golden Visa Programme is primarily an investment opportunity; therefore, the fast return on investment is high on the performance indicators’ list. The favourable terms of the scheme combined with the fast-growing Greek economy indexes, provide a promising context for a quick and reliable return on investment.
Some of these options are:
To re-sell at a higher price in the future. This is due to the Greek Economy currently bouncing back from a 10-year recession.
Fast Return on Investment
To rent or operate your real estate investment from the first day of purchase. Greece has been a magnet for travellers around the world, the demand for long and short term accommodation in Greek cities, especially Athens, has escalated with an influx of tourists in recent years.
For investors who have no plan to stay in Greece, the rental income generated from their property in € acts as a currency hedge of their investment portfolio.
An Additional Home Country for all Family Members
Once the permanent residence permit is issued, investors and their families have the option to live in Greece and travel freely to any other European Schengen country if they wish to do so.
This freedom of choice and movement makes the Golden Visa Programme an exceptionally powerful and useful tool when building one’s future.
Golden Visa for Families
Your whole family has the right to live in any country of the Schengen area during the period that the residence permit is valid.
Parents, children under 21 years of ages, partner or spouse with a co-habitation agreement (concluded in Greece) and in-laws of the main investor can benefit from the same investment starting at 250 000 € and issue a permanent
European residence permit too.
Freedom to Travel in Europe without Visa
Enjoy visa-free traveling without entry visas or further justification at the airport, since Golden Visa holders are granted unlimited, unrestricted travel throughout Europe’s Schengen zone.
Permanent Residence & Citizenship
After five years from the date of acquiring a Residence Permit, an individual including his/her family has the right to obtain the Permanent Residence Permit if investment is preserved.
Furthermore, after 7 years of Residency the Greek Citizenship can be applied for and obtained.