The Immigration and Social Integration Code (Law 4251/2014, Government Gazette 1, no 80) contains provisions that facilitate the stay of third-country investors, whose investments are characterized as strategic investments, via the provision of extended stay time limits for the representatives of investment bodies and their partners.
Moreover, it allows the granting of residence permits to third-country nationals and to members of their families, who purchase real estate property in Greece, the value of which exceeds € 250,000.
Investment in real estate of €250.000 (plus V.A.T.) This amount must be paid in full upon the signing of the contract.
The property, which can be located anywhere on the Greek mainland or the islands, can be either residential or commercial. Any number of properties can combine to make up the €250,000 minimum investment.STEP 1: Initial trip to Cyprus by the Applicant
STEP 2: Acquisition of the Immovable Property
- Meeting with the lawyers
- Viewing of properties
- Opening of a personal bank account
STEP 3: Preparation of documents
- Due Diligence
- Contract of Sale
- Power of Attorney
- Settlement of the purchase price
- Medical insurance
The procedure described for the examination of the application shall not exceed one month from the date of the submission of a complete application.